Curt Calaway is the brand new leader monetary officer (CFO) of Tyson Meals, efficient August 29.
Calaway, a Tyson Meals worker since 2006, has been serving because the CFO of Tyson Meals on an intervening time foundation since June, when then-CFO John R. Tyson was once placed on suspension.
As CFO, Calaway will document immediately to Donnie King, Tyson Meals president and CEO.
Calaway has just about 30 years of revel in in finance, audit and accounting. Previous to being named intervening time CFO, Calaway served because the CFO for Tyson Meals’ Ready Meals Trade Unit and was once additionally accountable for the corporate’s Mergers & Acquisitions (M&A) and company building efforts. Calaway served as Senior Vice President of Finance and Treasurer, the place he led Investor Family members, Treasury, Company Finance, Company Monetary Making plans & Accounting, M&A, Company Building, and Provide Chain Finance. Calaway has held more than a few management roles with the corporate all the way through his 18-year tenure, together with Controller, Leader Accounting Officer and Vice President of Audit and Compliance.
“Curt is a confirmed chief with deep trade wisdom and a wealth of revel in in monetary technique and reporting,” stated King. “I’m assured Curt will proceed to lend a hand pressure our operational excellence and shareholder worth.”
John R. Tyson stays with the corporate
Whilst Tyson is not the CFO of the corporate, he does stay hired there, Tyson Meals stated in a press unlock, even supposing it didn’t say in what capability he remained. The previous CFO at this time is on “health-related go away.”
Tyson’s suspension adopted a June 13 incident during which he was once arrested on suspicion of using whilst intoxicated, careless using and improperly creating a U-turn. The arrest was once made in Fayetteville, Arkansas.
He has since pleaded now not in charge to these fees.
That was once now not the primary time Tyson have been arrested on alcohol-related fees.
On November 6, 2022, he was once arrested, additionally in Fayetteville, after he had fallen asleep within the mattress on the place of dwelling of an individual he didn’t know. 8 days later, all the way through a quarterly profits name and next media name, he stated he was once taking “complete duty for his movements.”
Additionally on that media name, Tyson was once requested about experiences that he would search alcohol counseling, however he declined to respond to that query.
Tyson Meals introduced an unbiased evaluation of the alleged 2022 occasions, and about one month after his arrest, the corporate mentioned that it had “persevered self belief” in its CFO.
Tyson ultimately pleaded in charge to public intoxication and prison trespass.
Tyson, the son of Tyson Meals Chairman John H. Tyson and great-grandson of corporate founder John W. Tyson, was once named CFO of Tyson Meals in September 2022. Previous to changing into CFO, Tyson spent about 3 years as the corporate’s leader sustainability officer.