Reported 7 months ago
Tyson Foods has suspended John R. Tyson, the great-grandson of the company's founder, after his arrest for driving while intoxicated in Fayetteville, Arkansas. This is his second alcohol-related arrest, the first being in November 2022 for public intoxication. Tyson Foods immediately suspended him, naming Curt Calaway as the interim CFO, given his 18-year tenure with the company. Analysts express concerns about John R. Tyson's future as an executive officer, with Calaway being suggested as a potential permanent replacement. Tyson shares fell 1.5% to close at $53.86.
Source: YAHOO