Chobani CEO Being Replaced, May Be Stripped Of Chairman Role

The founder of Chobani yogurt is fast approaching his expiration date.

Hamdi Ulukaya, the charismatic Turkish immigrant who started the brand in upstate New York in 2005, is being replaced as CEO and may even be stripped of his chairman role, sources told The Post.

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.

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