Tyson Foods Appoints Curt Calaway as New CFO
Tyson Foods has announced the appointment of Curt Calaway as its new Chief Financial Officer, succeeding John R. Tyson. Tyson was suspended earlier this year following a DUI arrest and is currently on health-related leave. Calaway, who has been with the company since 2006, brings a wealth of financial leadership experience to the role. He previously served as CFO for Tyson’s prepared foods business, overseeing M&A and corporate development efforts.
Donnie King, Tyson’s President and CEO, expressed confidence in Calaway’s ability to drive operational excellence and shareholder value. The Springdale, Arkansas-based company recently reported strong profits in its latest quarter, attributed to a turnaround in its chicken and pork businesses. Adjusted operating income for the third quarter was up 174% over last year, with Tyson optimistic about future profits.
For more information, you can read the full press release here.