CFO of Tyson Foods placed on leave following second arrest.
- John R. Tyson, the CFO of Tyson Foods, has been suspended from his position after being charged with driving under the influence in Arkansas.
- Two years ago, Tyson was arrested for sleeping in the wrong house.
- John W. Tyson's great-grandson is the meat giant's founder.
On Thursday, the company announced that it had suspended its CFO, John R. Tyson, after he was charged with driving under the influence in Arkansas. The company appointed Curt Calaway as its interim CFO.
According to Washington County Detention Center, Tyson, 34, was arrested at 1:32 a.m. on Thursday and released nine hours later. Tyson Foods is headquartered in Springdale, Arkansas.
In 2022, Tyson, who was appointed CFO of the meat giant two months earlier, was arrested for being intoxicated and falling asleep in the wrong house. A week later, he apologized to investors for the incident on the company's earnings call. Tyson pleaded guilty to the charges.
John H. Tyson's son, Tyson, is the great-grandson of the company's founder, John W. Tyson. He joined the company in 2019 after working in investment banking, private equity, and venture capital. His appointment raised some eyebrows on Wall Street.
Business News
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