Tyson Foods has officially appointed Curt Calaway as its new Chief Financial Officer, following the legal troubles of former CFO, John Tyson.
Calaway, who steps into the role permanently, was first named interim CFO after Tyson’s arrest in June.
Court records reveal that John Tyson, 34, was taken into custody by the University of Arkansas Police on June 13 around 1:30 a.m., facing charges of driving under the influence, careless driving, and an improper U-turn.
Following the incident, Tyson Foods quickly moved to suspend him from his duties.
Calaway, a company veteran with nearly two decades at Tyson Foods and 30 years of experience in finance, auditing, and accounting, brings a wealth of expertise to the CFO position.
Before stepping into this role, he led financial operations for Tyson Foods’ Prepared Foods Business Unit and was instrumental in the company’s Mergers & Acquisitions (M&A) and corporate development initiatives.
In his new capacity, Calaway will report directly to Tyson Foods’ President and CEO, Donnie King, who praised Calaway as a “proven leader with deep industry knowledge and a wealth of experience in financial strategy and reporting.”
King expressed confidence that Calaway will continue to drive operational excellence and enhance shareholder value.
John Tyson remains with the company but is currently on health-related leave. This leadership shift underscores Tyson Foods’ commitment to maintaining stability and continuity within its business operations during a challenging time.
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