Hamdi Ulukaya Out As Chobani CEO,
NY Post Reports. Chairmanship Next?
![Hamdi Ulukaya at his South Edmeston plant when Chobani was on the upswing. (allotsego.com photo)](https://www.allotsego.com/wp-content/uploads/2015/01/hamdi-300x171.jpg)
The founder of Chobani yogurt is fast approaching his expiration date, the New York Post reported this week.
Hamdi Ulukaya, the charismatic Turkish immigrant who started the brand in a former Kraft plant in South Edmeston in 2005, is being replaced as CEO and may even be stripped of his chairman role, The Post reported, quoting sources.
TPG, a private-equity firm that funneled $750 million into the company last April through a loan, is deep into a search with Chobani’s board for Ulukaya’s successor, even as it scrambles to recover from a devastating product recall in 2013 that some insiders blamed on the founder, sources said.