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Joseph W. Luter III (born July 17, 1939) is the former chairman of Smithfield Foods, the world's largest hog producer and pork processor.
At the recommendation of its banks, Smithfield re-hired Joseph W. Luter III as CEO in April 1975 when it found itself in financial difficulties. At the time, according to Luter, the company had a net worth of under $1 million, debt of $17 million, and losses of $2 million a year.
The Legacy Continues Luter III was CEO 1975-2006 and chairman until the company was sold to WH Group in 2013. His son, Joseph W. Luter IV, became an executive VP of Smithfield Foods in 2008 and president of Smithfield Packing Company.
Sep 25, 2009 · Joe Luter III, chairman of Smithfield Foods and scourge of environmentalists and public health advocates, talks about his career and the family pork business he turned into a behemoth. In 1936, when the Smithfield Packing Co. was founded, there were four little ham and pork companies in the southeastern Virginia town of Smithfield.
Joseph W. Luter, III assumed the presidency in 1966 following his father's death and headed up the company for most of the next four decades. The packing plant operates under the name of Smithfield Foods as the largest pork producer and processor in the United States and the world.
Smithfield Foods CEO Joseph W. Luter III sits in office. Over his shoulder is a portrait of his grandfather, Joseph W. Luter Sr., who founded the company in 1936. Photos FILE\The Virginian-Pilot The Smithfield Foods packing plant borders the Pagan River. The $1.5 billion company employs more than 4,000. Graphic Joseph Williamson Luter III
May 3, 2020 · Smithfield Foods, a much younger company, had its origins in Smithfield, Virginia in 1936. The company was started by the father and son team of Joseph W. Luter Sr. and Joseph W. Luter Jr.
