Tyson Foods, Inc. has appointed Curt Calaway as its new Chief Financial Officer, effective immediately. Calaway, who has been with the company since 2006, brings nearly 30 years of experience in finance, audit, and accounting to the role. He previously served as the interim CFO and as the CFO for Tyson Foods' Prepared Foods Business Unit. Calaway has also been responsible for the company's Mergers & Acquisitions (M&A) and corporate development efforts. Prior to this appointment, he held the position of Senior Vice President of Finance and Treasurer, overseeing various financial functions.
This change comes as Calaway succeeds John R. Tyson, who remains with the company but is currently on health-related leave. Tyson Foods President and CEO Donnie King expressed confidence in Calaway's ability to continue driving operational excellence and shareholder value, citing his industry knowledge and experience in financial strategy and reporting.
Tyson Foods, Inc. (NYSE: TSN) is a global food company and a prominent player in the protein industry. The company, founded in 1935 by John W. Tyson, boasts a diverse portfolio of well-known products and brands such as Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, State Fair®, Aidells®, and ibp®. With its commitment to providing high-quality, safe, sustainable, and affordable food, Tyson Foods aims to cater to tables worldwide. As of September 30, 2023, the company had approximately 139,000 team members.
For more information about Tyson Foods, Inc., visit www.tysonfoods.com. As a result of these announcements, the company's shares have moved -1.6% on the market, and are now trading at a price of $64.65. For the full picture, make sure to review Tyson Foods's 8-K report.
