Tyson Foods Suspends CFO John Tyson Amid Second Arrest Controversy

Tyson Foods Suspends CFO John Tyson Amid Second Arrest Controversy

CFO of Tyson Foods Following his second arrest on Thursday, John Tyson has been suspended. In Arkansas, he was accused of DWI and reckless driving.

“We are aware that John Randal Tyson, Chief Financial Officer of Tyson Foods, was arrested for an alleged DWI,” Tyson Foods stated. “Tyson Foods has suspended Mr. Tyson from his duties effective immediately and named Curt Calaway as interim Chief Financial Officer.”

Two years ago, after falling asleep at a residence he didn’t live in while intoxicated, John Tyson, the great-grandson of Tyson Foods founder, was jailed. Investors in the company were informed of his guilty plea and his apology.

The University of Arkansas Police Department took Tyson into custody at around 1:30 a.m. on Thursday, according to court documents.

Driving while intoxicated, reckless driving, and making an improper U-turn were the allegations against him that were filed.

Per the Washington County Arkansas Sheriff Department, Tyson was released from jail at 10:41 a.m. on Thursday, with a $1105.00 bond.

As per the bio provided by Tyson Foods, John Tyson was responsible for overseeing the business’s global finance and accounting operations, as well as representing the company in matters including investors, banks, ratings agencies, audits, and other financial aspects.

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He graduated with a bachelor’s degree from Stanford Graduate School of Business and an MBA from Harvard University.

Tyson is a board member of Winrock International as well. He had previously worked for J.P. Morgan in investment banking before joining his family’s business in 2019.

He is a Tyson family member, fourth generation.


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