SMITHFIELD, Va. – Smithfield Foods Inc. announced Monday that Robert W. Manly III has been named as chief financial officer, effective July 1.

According to a statement from the company, Manly, 55, is a 30-year veteran of the pork industry. He has served as executive vice president since August 2006. He was previously chief operating officer at Premium Standard Farms and has held executive positions at Smithfield Foods and Smithfield Packing Co.

He is a graduate of Stanford University and holds an MBA from Harvard Business School.

"Bo Manly's unique mix of financial, operating and general management experience along with his broad understanding of the industry will bring further strength to the finance organization", said C. Larry Pope, president and CEO. "His experience as president and chief operating officer of Premium Standard Farms, a publicly-traded company, is demonstrative of the breadth of his management and operational background.”

Carey J. Dubois, who has been serving as vice president and chief financial officer, will move to vice president, finance, a new position, Smithfield said. In his new role, Dubois, 48, will continue to manage most of his current finance functions including treasury, risk management, planning and benefits.