Highlights
- John R. Tyson, the CFO at Tyson Foods, has been placed on leave following his arrest
- for driving under the influence in Arkansas.
- Two years ago, Tyson was jailed again for dozing off in the wrong house.
- He is the great-grandson of John W. Tyson, the founder of the meat empire.
John R. Tyson, the chief financial officer of Tyson Foods, was suspended on Thursday
following his arrest for driving under the influence in Arkansas. Curt Calaway has been named by the firm as its acting CFO.
Nine hours after his arrest at 1:32 a.m. on Thursday, Tyson, 34, was freed, according to
the Washington County Detention Center. The main office of Tyson Foods is located in
Springdale, Arkansas.
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Two months after joining the beef firm as its CFO, Tyson was arrested in 2022 for being drunk and dozing off in the wrong house. He expressed regret to investors for the event at the company's earnings call a week later.
Tyson admitted confessed to the allegations.
Tyson is the great-grandson of firm founder John W. Tyson and the son of chairman
John H. Tyson. After working in venture capital, private equity, and investment banking, he joined the organization in 2019. On Wall Street, there were some questions about his appointment.
