Tyson Foods said Jeff Schomburger will become president and chief executive officer on Oct. 4, 2026, taking over from Donnie King after a transition period that begins in July.
Schomburger has served on Tyson’s board since 2016 and has been lead independent director since 2025. He also chaired the board’s strategy and acquisitions committee starting in 2021. Before Tyson, he spent 35 years at Procter & Gamble and retired in 2019 as global sales officer.
King will remain on Tyson’s board. The company said his 43-year career at Tyson included leading the business through the COVID-19 pandemic, improving execution across the company, growing profit, strengthening the balance sheet, accelerating innovation and driving efficiency. Tyson also said he brought all corporate staff together at the company’s headquarters in Springdale, Arkansas.
Tyson said Schomburger’s appointment comes as the company continues to focus on long-term profitable growth and strong cash generation. It also reaffirmed its previously issued total company guidance for fiscal 2026.
The company said it had approximately 133,000 team members on Sept. 27, 2025. Today the company's shares have moved 1.9% to a price of $66.365. For the full picture, make sure to review TYSON FOODS, INC.'s 8-K report.
