NORWICH – Despite reports from the New York Post on Monday, Hamdi Ulukaya will remain Chairman of the Board at Chobani, as well as owner and founder, said a spokesperson from the company Tuesday. A search for a new Cheif Executive Officer (CEO), however, is ongoing.

“We’ve had an active, operationally based CEO search underway to partner with our founder and owner and, while we have several exciting, qualified candidates, no decision has been made,” said a spokesperson with Chobani.

It was added that Ulukaya will be the one to make the final decision on who will take over as the new CEO.

The New York Post reported Chobani’s fourth quarter of 2013 brought about a negative Ebita (Earnings before interest, taxes, depreciation and amortization). A spokesperson from Chobani said the company has been in a positive Ebita for the past six months, and have increased market share according to the last four consecutive Neilson periods and made strong attributions gains.

“The captial raise enabled us to invest in new product platforms to continue our growth,” said a company spokesperson. “Strong distribution gains have been made, our new products have recently shipped and are well received in the market with new share gains in the past four consecutive months. This, combined with the new team we have in place, our operational improvements and our recent performance, positions us for a strong 2015.”