Karan Sangfai Succeeds Current President and CEO of HyLife due to Retirement

The President and Chief Executive Officer of HyLife has declared his retirement. Grant Lazaruk will step down effective February 29, 2024, after his long tenure with the company since 1997. HyLife has announced the appointment of Karan Sangfai as the new President and CEO, effective March 1st. Sangfai presently serves as HyLife’s Chief Strategic Officer.

Established in 1994, HyLife boasts a workforce of 2,500 employees and an annual production of 3.4 million hogs.

In the company’s statement, Sangfai is highlighted as a significant part of their leadership, deeply involved in the Steinbach community for the past two years. The release describes Sangfai as an experienced global leader who embodies the company’s values and has an extensive understanding of the business.

Lazaruk expressed his desire to continue contributing to his community and supporting his neighbors in the place he calls home. Sangfai acknowledged Lazaruk’s contribution to building not just a successful company but also a collaborative team culture. Despite industry challenges, Sangfai emphasizes HyLife’s resilience and strong positioning. The statement underscores that under Sangfai’s leadership, HyLife is poised to achieve new milestones while maintaining its commitment to excellence.

Have you read?
Revealed: These Are The Richest Countries In The World, 2024.
Revealed: Countries with Highest Gun Ownership, 2024.
Revealed: These Countries Pay Their Olympians For Winning Gold Medals, 2024.
Revealed: Happiest countries in the world for 2024.
Report: What Is the Most Common Hair Color in the World?