Duda Farm Fresh Foods, a wholly-owned subsidiary of DUDA and grower of fresh vegetables and citrus, announces the company's president, Samuel "Sammy" Duda, has been named CEO-elect of DUDA. This decision marks the culmination of a nearly year-long process led by DUDA's board of directors with support from an international leadership advisory firm.
Sammy Duda will continue to fulfill his current role's responsibilities until transitioning to DUDA's CEO on January 1, 2023. At that time, his role will shift to one of oversight for Duda Farm Fresh Foods as he begins guiding the family-owned and operated diversified land company's consolidated business vision, goals, and values.
"I couldn't be more humbled and proud to have the opportunity to lead DUDA as a fourth-generation family member and continue our commitment to our values," he says. "I look forward to learning from and working with DUDA's leaders and board of directors for the continued success of the company and all of its stakeholders."
DUDA's current CEO, David Duda, has served in this role since 2010 and was the first member of the Duda family's fourth generation to earn the position. The legacy of family leadership will continue with Sammy Duda's selection as CEO-elect. According to noted family business experts, only three percent of family businesses make it beyond their third generation in terms of leadership succession.
"We have been blessed with great foresight by previous generations, plus an ongoing commitment to leadership succession within this fourth generation of the Duda family," says David Duda. "I'm grateful to everyone for my 12 years as CEO and am excited to work closely with Sammy through the remainder of my tenure as we prepare for the transition. Sammy is skilled at building relationships, and I am confident he will do a great job as the new CEO."
Over the next six months, Sammy Duda will work alongside David Duda, DUDA's executive leadership team, and the company's board of directors to make his transition as seamless and productive as possible at both Duda Farm Fresh Foods and the DUDA corporate executive levels.