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Tyson Foods CFO found sleeping in a stranger’s home while allegedly intoxicated has his board’s ‘continued confidence in his ability to lead’

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Tyson Foods CFO found sleeping in a stranger’s home while allegedly intoxicated has his board’s ‘continued confidence in his ability to lead’

wdc tv news staff by wdc tv news staff
December 2, 2022
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Tyson Foods CFO found sleeping in a stranger’s home while allegedly intoxicated has his board’s ‘continued confidence in his ability to lead’
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John. R. Tyson, the chief monetary officer of Tyson Meals and great-grandson of the corporate’s founder, entered a plea of not responsible to expenses of public intoxication and legal trespassing. 

His trial is ready for Feb. 15, in keeping with an official on the Fayette District Courtroom who requested not be named as a result of they don’t seem to be licensed to talk publicly.

The CFO was arrested in November after being discovered asleep in a house that wasn’t his personal in northwestern Arkansas. The arrest got here roughly a month after he was named CFO of the highest US meat firm. He informed colleagues and buyers that he was embarrassed.

In a press release Thursday, the corporate mentioned it and a committee of board administrators individually reviewed the incident. 

“The Board helps Mr. Tyson and has continued confidence in his skill to steer Tyson Meals as CFO,” the assertion mentioned.

The corporate has been underneath stress from hovering inflation that induced some customers to cut back purchases of beef and poultry.

 

Our new weekly Impression Report publication will study how ESG information and tendencies are shaping the roles and obligations of in the present day’s executives—and the way they’ll finest navigate these challenges. Subscribe right here.



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