Tyson Foods Partners with Matrix to Ensure Employees have Access to the COVID-19 Vaccine

Tyson Foods is partnering with Matrix Medical Network, a leading clinical services company, to ensure the company’s U.S. team members are educated about and have access to the COVID-19 vaccines.

Matrix will collaborate with Tyson Foods’ health services team to deploy mobile health clinics and expert clinical staff to support vaccine communications, administration and counseling at Tyson Foods facilities beginning in early 2021 and continuing throughout the year. Tyson Foods will provide team members with...

Tyson Foods Expanding Iconic Wright Brand Bacon Plant

Tyson Foods is investing $26 million to expand production at the iconic WRIGHT® BRAND BACON facility in Vernon, Texas. Scheduled for completion by March of 2021, the expansion is expected to create 32 new jobs, bringing the total employment at the plant to more than 800.

“This project is great news for our plant, our community and our customers,” said Dane Bonfy, manager of the Wright Brand plant. “We love the Vernon community and look forward to growing our team with the additional positions and meeting the growing demand for our products.”

Hiring for these and other positions starts...

Jimmy Dean Breakfast Offerings Expand with Introduction of Plant-Based Patty Sandwiches

Jimmy Dean brand, part of the Tyson Foods portfolio of brands, is meeting the growing demand for meat alternative options with the launch of two new sandwiches featuring a plant-based patty: Jimmy Dean Plant-Based Patty, Egg & Cheese Croissant Sandwich and Jimmy Dean Delights Plant-Based Patty & Frittata Sandwich.

A Breakfast Revolution

Demand for plant-based food options has grown exponentially with retail sales up 148 percent more than last year amid the on-set of COVID-19 in mid-March. By the end of 2020, a majority of Americans reported...

Megan Britt to Lead Investor Relations for Tyson Foods

Tyson Foods, Inc. has named Megan Britt as the company’s new Vice President of Investor Relations.

Britt will be responsible for overseeing all aspects of investor relations, including shareholder communications, financial media relations and internet and intranet investor content. She begins her new role on January 4 and will report to Chief Financial Officer Stewart Glendinning.

Britt has almost 15 years of experience in roles in finance, including...

Tyson Fresh Meats Temporarily Idles Pork Plant Following Operations Malfunction

Tyson Fresh Meats is temporarily idling production at its Columbus Junction, Iowa, pork plant due to a mechanical malfunction in the refrigeration system Tuesday evening. No one was hurt; however, company officials currently believe plant operations could be down for a few days as the team evaluates and mobilizes repairs. It remains too early to provide a definitive timeline for resuming production.

“We’re grateful to the plant management for quickly and efficiently evacuating team members from the building and keeping them...

Tyson Foods Completes Waterloo Investigation

An independent investigation into wagering allegations at Tyson Foods’ pork plant in Waterloo, Iowa, has led to the termination of seven plant management employees.

“We value our people and expect everyone on the team, especially our leaders, to operate with integrity and care in everything we do,” said Tyson Foods President & CEO Dean Banks. “The behaviors exhibited by...

Tyson Foods Names Dr. Claudia Coplein As Its First Chief Medical Officer

Tyson Foods, Inc. (NYSE: TSN) today announced the appointment of Dr. Claudia Coplein to the newly-created role of Chief Medical Officer. Coplein is a physician executive who brings more than 20 years of healthcare experience to the company after holding leadership roles in the insurance, global manufacturing, healthcare and technology fields. Her immediate focus will be assisting the company’s efforts to protect team members during the Covid-19 pandemic, while also working to expand and promote a culture of health, safety and wellness at Tyson...

Tyson Foods Goes on Offense Against New Waves of COVID-19 with Safety Measures, Testing

Tyson Foods, Inc. reports it is preparing to fight new waves of the coronavirus as it takes comprehensive protective steps, including the strategic testing of workers without symptoms.

The company has invested $540 million to transform its U.S. facilities with protective measures, from walk-through temperature scanners and workstation dividers to social distance monitors and always-on testing, as well as provide additional team member pay and benefits. It is also working with...

Tyson Foods Issues Statement on Waterloo Lawsuit Allegations

Tyson Foods, Inc. issued the following statement from Tyson Foods President & CEO Dean Banks in response to allegations made in an amended lawsuit involving the company’s pork plant in Waterloo, Iowa:

“We are extremely upset about the accusations involving some of the leadership at our Waterloo plant. Tyson Foods is a family company with 139,000 team members and these allegations do not represent who we are, or our Core Values and Team Behaviors. We expect every team member at Tyson Foods to operate with...

Tyson Foods Reports Strong Fourth Quarter and Fiscal 2020 Results

Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:

Fiscal 2020 Highlights

• GAAP EPS of $5.86, up 6% from prior year; Adjusted EPS of $5.64 (52-week basis), up 3% from prior year
• GAAP operating income of $3,114 million, up 10% from prior year; Adjusted operating income of $3,116 million (52-week basis), up 5% from prior year
• Total Company GAAP operating margin of...

Tyson Foods Announces Global Forest Protection Standard

Tyson Foods, Inc. announced a Forest Protection Standard focused on reducing deforestation risk in its global supply chain of four commodities – cattle and beef; soy; palm oil; and pulp, paper and packaging.

Earlier this year, Tyson Foods partnered with Proforest to conduct a deforestation risk assessment. The assessment concluded that nearly 94 percent of the company’s land footprint is at no to low risk of being associated with deforestation. To proactively address the remaining six percent that was found to be...

Tyson Foods Announces Plans for Additional Production Facilities for Its International Business

Tyson Foods, Inc. announced plans to build new production facilities in China and Thailand, and expand its facility in the Netherlands. The latest expansions, adding over 100,000 metric tons of fully cooked poultry capacity, build on the company’s global growth strategy to become the leader in protein by serving emerging markets and strategic customers.

“Global population and income growth will continue to drive an increased need for protein,” said Dean Banks, president and CEO of Tyson Foods. “These investments allow us to increase our in-country operations and global export capabilities, helping us bring more safe, high-quality protein for...

Tyson Foods Expands Raised & Rooted Brand to Europe

Tyson Foods, Inc. (NYSE: TSN) today announced the European launch of its plant-based protein brand, Raised & Rooted™. This is the first expansion of the Raised & Rooted brand outside the U.S., in the brand’s pursuit to be the most loved alternative protein brand in the world.

“We’re thrilled to be launching Raised & Rooted in Europe, where there is a growing number of consumers who are adopting flexible diets,” said Brett Van de Bovenkamp, president of Tyson Foods Europe. “Our unique capabilities in R&D and innovation, combined with our international footprint and infrastructure makes us..."

Tyson Foods Pilots New Technology to Improve Trucking Safety via Enhanced Driver Vision

Tyson Foods is testing a new technology to improve safety for its truck drivers. The Stoneridge MirrorEye Camera Monitor System (CMS) replaces traditional rear and side-view mirrors with integrated external mounted cameras and interior mounted monitors to help give drivers a more complete view of the road and the truck’s surroundings, including common blind spots.

The health and safety of Tyson team members is the company’s top priority and this project is part of more than $500 million the company has invested in technology and automation over the past three years.

Tyson, which operates one of the nation’s largest refrigerated trucking fleets, has been working with Stoneridge, Inc., a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, to develop...

Jack in the Box Introduces Plant-Based Chicken Sandwich 

Jack in the Box and Raised & Rooted are announcing the exclusive debut of the Jack's Unchicken and Jack's Spicy Unchicken sandwiches at select locations in Monterey and Salinas, California, and Reno, Nevada. The sandwiches are the first-ever plant-based "unchicken" sandwiches introduced by a quick service restaurant. Raised & Rooted is Tyson Foods' brand of alternative protein products launched in 2019.

Made from pea protein isolate and Jack in the Box's traditional crispy breading, the Unchicken sandwiches deliver mouthwatering taste with a savory crunch and texture sure to rival the competition. The sandwiches are available in two varieties, regular and spicy, and will be available...

Tyson Foods Poultry Plants Win 2020 Clean Water Awards

The U.S. Poultry & Egg Association (USPOULTRY) awarded the 2020 CLEAN WATER AWARD to Tyson Foods (NYSE: TSN) facilities in New Holland, Pennsylvania, and Robards, Kentucky. The annual award recognizes poultry facilities that go above and beyond in sustainable wastewater treatment and water reuse. 

“We’re committed to delivering sustainable food to a growing world,” said Dean Banks, president and incoming CEO of Tyson Foods. “Fulfilling this mission requires protecting and respecting natural resources, including the land and water that we depend on to operate..."

Tyson Foods to Verify Sustainable Cattle Production Practices at Scale

Tyson Foods announced its work to verify sustainable beef production practices on more than 5 million acres of cattle grazing land in the U.S. This would be the largest known beef transparency program in the U.S., and part of Tyson Foods’ focus on sustainably feeding the world while taking care of people, the planet and animals.

Working with Where Food Comes From, the largest provider of certification and verification services to the food industry, Tyson Foods will source cattle from BeefCARE™ verified beef producers who are committed to raising cattle using...

Accident Kills Tyson Foods Worker at Georgia Plant 

A Tyson Foods worker at a poultry processing plant in Vienna, Georgia, died in an industrial accident. The accident occurred at a loading dock and the 58-year old man was pronounced dead at the scene.

Tyson Foods released a statement that read, “We're investigating the tragic death of a maintenance team member at our Vienna poultry plant. We've notified local authorities as well as OSHA about the accident but...

Donnie King Named President of Tyson Foods’ Poultry Business

Donnie King has been named president of Tyson Foods’ poultry business, effective September 3, 2020, the company announced.

King has over 35 years of experience working in the poultry business, both domestically and globally. He will once again lead the company’s chicken unit, guiding and mentoring members of its leadership team, including Chad Martin, who will take on the new role of chief operating officer of poultry.

“Donnie is a recognized leader who will work with the team to accelerate our strategic growth plans for the chicken segment,” said Dean Banks, president and incoming CEO of Tyson Foods. “We are confident that his knowledge and experience will...

Tyson Foods to Pilot Clinics to Promote Culture of Health

As part of efforts to boost the overall health and wellness of its workforce, Tyson Foods, Inc. is partnering with Marathon Health to pilot seven health clinics near company production facilities. The clinics will give Tyson team members and their families easier access to high-quality healthcare and, in most cases, at no cost.

The clinics, which will be operated by Marathon Health, will provide primary and preventive care, including health screenings, lifestyle coaching and health education, as well as behavioral health counseling. They will also collaborate with plant community health providers, including...

Jimmy Dean to Launch New Breakfast Products this Fall 

Jimmy Dean, is bringing two new products to tables, counter tops and desks to enjoy this fall. Jimmy Dean Casserole Bites and Jimmy Dean Delights Breakfast Wraps will join the brand’s product portfolio, delivering new warm and satisfying breakfast options, no matter the morning routine.

“Breakfast plays a comforting role in people’s lives and daily routines, especially as many of us continue to navigate...

Tyson Foods Reports Third Quarter 2020 Results

Tyson Foods, Inc. today reported the following results:

First Nine Months Highlights

• GAAP EPS of $3.96, down 12% from prior year; Adjusted EPS of $3.83, down 10% from prior year
• GAAP operating income of $2,102 million; Adjusted operating income of $2,155 million
• Total Company GAAP operating margin of 6.6% and Adjusted operating margin of 6.8%
• Generated $2.7 billion of...

Tyson Foods Names Dean Banks to Succeed Noel White as Chief Executive Officer

Tyson Foods, Inc. today announced that Dean Banks will succeed Noel White as Chief Executive Officer (CEO), while maintaining the role of President, effective October 3, 2020. White, who led Tyson through a period of unprecedented volatility and uncertainty when he assumed the CEO role in 2018, will remain with Tyson in a new role as Executive Vice Chairman of the board of directors.

“The board and I are truly excited about the breadth and depth of capabilities of Dean and the entire executive leadership team, and we look forward to the energy and vision they will bring in leading Tyson Foods into the future,” said John Tyson, Chairman of the Board of Tyson Foods. “It’s clear to the board that Dean’s impressive background in entrepreneurship, technology, and...

Tyson Foods Launches New, Nationwide COVID Monitoring Strategy; Expands Health Staff

As part of its commitment to team member safety and continually evolving efforts to protect workers from COVID-19, Tyson Foods, Inc. is launching a new, industry-leading monitoring program and expanding its occupational health staff, including a new chief medical officer position.

The comprehensive COVID monitoring strategy was designed with the assistance of outside medical experts and includes ongoing, data driven COVID testing of workers without symptoms, as well as those who exhibit certain symptoms or have been in close contact with someone who has the virus.

“While the protective measures we’ve implemented in our facilities are working well, we remain vigilant about...

Animal Welfare Audits Across Tyson Foods’ Poultry Business are Now Certified

Tyson Foods announced it is the first company to receive audit certification for all poultry across its supply chain after its FarmCheck Animal Welfare Program completed the certification of company-wide poultry audits from the Professional Animal Auditor Certification Organization (PAACO).

PAACO recently certified FarmCheck audits for both breeders and turkeys, bringing the company’s total certified poultry audits to three, following broiler chicken certification by PAACO in 2019.

The FarmCheck program is a third-party animal welfare auditing program that ensures livestock and poultry suppliers for Tyson Foods are evaluated and monitored for important animal welfare criteria including...

Fire at Tyson Foods Plant, Some Injuries Reported 

According to the Nashville Fire Department, a fire broke out at a Tyson Foods chicken plant in Nashville, Arkansas, located in Howard County. Firefighters arrived just after 2 a.m., where they found a fire located in a building separate from the main processing plant. Local reports claim that the employees were at the plant when the fire started, and two employees were injured and are receiving medical attention.

Worth Sparkman, a spokesperson for Tyson Foods, stated that company officials and firefighters are determining the cause of the fire, and operations at the plant on July 9 are limited to harvesting and deboning with further processing at the plant temporarily suspended as the investigation continues.

“Unfortunately, two of our team members have been injured and are receiving medical attention. We appreciate the quick response of...

Tyson Foods Names Johanna Söderström Chief Human Resources Officer

Tyson Foods, Inc. named Johanna Söderström as Executive Vice President & Chief Human Resources Officer, effective July 6, 2020. Söderström will report to Chief Executive Officer Noel White and will lead all aspects of the company’s global people strategy to enable its overall growth, innovation and transformation agenda. Söderström also will focus on continuing to build the company’s culture, talent and capabilities for the future. She succeeds Mary Oleksiuk, who is retiring after a 35-year career.

Söderström, who will join the Enterprise Leadership Team at Tyson Foods, brings more than two decades of experience in global people solutions, employee engagement and talent development to her new role. She most recently served as Senior Vice President, Chief Human Resources Officer at The Dow Chemical Company and oversaw the company’s cultural and organizational transformation through the DowDuPont merger and...

Tyson Foods Appoints Dan Turton As Senior Vice President, Global Government Affairs

Tyson Foods, Inc. named Dan Turton as Senior Vice President, Global Government Affairs, effective June 29, 2020. Turton will be based in Washington, D.C. and will lead the worldwide government relations activities for the Company. He will report to Amy Tu, Executive Vice President and General Counsel.

“Dan is well-respected across the political spectrum,” Tu said. “He brings nearly three decades of experience in government affairs and public policy to this role, including time spent working in corporate and government positions on Capitol Hill, in the White House, and with General Motors. I am confident that he will...

Tyson Foods, Inc. Releases Results From Covid-19 Testing At Berry Street Facility In Springdale, AR

Tyson Foods, Inc. (NYSE: TSN) announced today the results of facility-wide testing for COVID-19 at its Berry Street poultry facility in Springdale, Arkansas. 

Of the 1,102 team members who work at the facility and were tested onsite from June 4 to June 6, 199 tested positive, only one of whom showed symptoms. The other 198 individuals who tested positive did not show any symptoms and otherwise would not have been identified. 

This is in addition to 48 positive cases identified at Berry Street by the Department of Health or when seeking care through their own health care providers...

Tyson Foods’ Statement on Department of Justice Indictment in Broiler Chicken Investigation

Tyson Foods, Inc. (NYSE: TSN) issued the following statement today regarding the June 2, 2020, indictment by the Antitrust Division of the United States Department of Justice (DOJ) charging multiple executives of other companies in the broiler chicken industry with conspiring to restrain trade.

“Tyson Foods is committed to competing vigorously, honestly and in compliance with the letter and the spirit of the antitrust laws and respects the important role that the Department of Justice plays in enforcing these laws...

COVID-19 Impact on Alternative Protein Industry

The on-going COVID-19 pandemic is re-shaping everything from the global economies to product categories, pricing, and stock availability to consumer behavior.

The pandemic has also placed the spotlight on meat supply and food security globally. The spotlight on meat supply has been evident in both developed and emerging markets amidst disruptions to supply chains and panic buying and stockpiling, following announcements of lockdowns and social distancing measures...

Tyson Foods Publishes 2019 Sustainability Report 

Tyson Foods, Inc. published its 2019 Sustainability Report, “Grow – Deliver - Sustain”, outlining progress toward its sustainability goals and announcing key achievements in five focus areas: Food, Animal Welfare, Environment, Workplace, and Communities. The goal of Tyson Foods' sustainability initiative is to ensure the company produces safe, nutritious food for the global population and makes a positive impact on the world.

Tyson Foods’ commitments to help build a more safe, environmentally sound and sustainable food system represent a key element of the company's broader vision to raise the world's expectations for how much good food can do. Its strategy for sustainably feeding the world with the fastest-growing protein brands focuses on growing its business by delivering superior value to consumers and...

Former FedEx Executive Appointed to Tyson Foods Board of Directors

David J. Bronczek, 65, has been appointed to the board of directors of Tyson Foods, company officials announced. 

Bronczek is the recently retired president and chief operating officer of FedEx Corporation, the global logistics and transportation company. He was part of FedEx for more than 40 years, starting as a courier and progressing into the company’s management ranks. His roles included leading FedEx Express in Canada, Europe, the Middle East and Africa, and later serving for 17 years as president and CEO of FedEx Express.

A native of Ohio and graduate of Kent State University, Bronczek also has experience as an independent public company director, previously serving on the board of International Paper. He also previously served as...

Tyson Fresh Meats to Resume Waterloo, Iowa Operations

Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc. announced it will resume limited production at its Waterloo, Iowa facility on Thursday, May 7. Team members have been invited to tour the facility Wednesday to view the enhanced safety precautions and protective social distancing measures installed throughout the plant.

The reopening of the facility follows a tour of the plant by Black Hawk County health officials, Waterloo Mayor Quentin Hart, Black Hawk County Sheriff Tony Thompson, UFCW Local 431 President Bob Waters and other local business leaders and a subsequent joint company and...

Tyson Foods to Resume Operations in Pasco, Washington 

Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc., will resume limited production at its Pasco, Washington, beef facility. The facility temporarily idled operations on April 23 to test its team members for COVID-19.

Team members were asked to self-isolate until their results returned. The company worked with local health officials to verify test results, which were communicated to team members. Team members who tested positive will only return to work once they have met the criteria outlined by the CDC for...

Tyson Foods Reports Second Quarter 2020 Results

Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:

First Six Months Highlights

• GAAP EPS of $2.52, down 6% from prior year; Adjusted EPS of $2.43, down 13% from prior year
• GAAP operating income of $1,327 million; Adjusted operating income of $1,395 million
• Total Company GAAP operating margin of 6.1% and Adjusted operating margin of 6.4%
• Record Beef GAAP operating margin of 6.6% and record Adjusted operating margin of 6.9%
• Record total Company sales of...

Tyson Fresh Meats Temporarily Pausing Production at Dakota City, Nebraska, Beef Plant

Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc., is currently winding down production and will temporarily pause operations Friday, May 1 through Monday, May 4 at its Dakota City, Neb., beef facility to complete a deep cleaning of the entire plant. The company has been working closely with the local health department and is also in the process of screening plant team members for COVID-19 this week, with assistance from the Nebraska National Guard.

The facility, one of the largest beef processing plant in the country, employs a workforce of 4,300 and normally produces enough beef in one day to feed 18 million people, however...

Tyson Foods Pauses Production at Washington Beef Plant 

Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc., will temporarily halt production at its Pasco, Washington, beef facility while team members undergo testing. Health officials in Walla Walla, Benton, and Franklin Counties will work with the company to test its more than 1,400 team members for COVID-19 as soon as possible.

The facility produces enough beef in one day to feed four million people. While the plant is temporarily closed for testing, team members will continue to be compensated and asked to self-isolate at home until results return.

“We’ve taken both of our responsibilities to continue feeding the nation and keeping...

Tyson Foods to Indefinitely Suspend Waterloo Operations

Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods, Inc., plans to indefinitely suspend operations at its Waterloo, Iowa, pork plant this week.

The facility, the company’s largest pork plant, has been running at reduced levels of production due to worker absenteeism, and will stop production mid-week until further notice. The facility’s 2,800 team members will be invited to come to the plant later this week for COVID-19 testing.

“Protecting our team members is our top priority and the reason we’ve implemented numerous safety measures during this challenging and unprecedented time,” said Steve Stouffer, group president of Tyson Fresh Meats. “Despite our continued efforts to keep our people safe while...

Tyson Fresh Meats to Resume Limited Operations at Columbus Junction Pork Plant

Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc., will resume limited operations at its pork plant in Columbus Junction, Iowa, on Tuesday after being idle for two weeks due to COVID-19 concerns.

“Our first priority is protecting our team members while they fulfill their critical mission of feeding families across the country during this challenging time,” said Tyson Foods President Dean Banks. “We plan to increase production at Columbus Junction gradually, with the safety of our team members top of mind.”

Tyson Foods formed a coronavirus task force in January and has implemented numerous measures to protect workers. It was one of the first food companies to start taking worker temperatures and...

Tyson Foods to Deep Clean Logansport Plant; Suspending Production on Monday

Tyson Foods, Inc. announced that its Logansport, Indiana, facility will cancel production for Monday for additional cleaning and sanitation efforts. The company is working hard to protect team members during this ever-changing situation, while also ensuring the company continues fulfilling its critical role of helping feed people in this community and across the country.

“While we understand the necessity of keeping our facilities operational so that we can continue to feed the nation, the safety of our people remains our top priority,” Jim Schmitz, Vice President of Pork Production Operations said. “Our plant production areas are sanitized daily to ensure food safety, and we have stepped up deep cleaning and sanitizing of our facilities, especially in...

Tyson Foods Suspends Operations at Columbus Junction Facility 

Tyson Foods is taking extra precautions to prevent the spread of the coronavirus and provided an update on its business operations.

“We’re working hard to protect our team members during this ever-changing situation, while also ensuring we continue fulfilling our critical role of helping feed people across the country," said CEO Noel White.

At all locations, Tyson has been taking temperatures of every employee entering for their shift. Additionally, Tyson has stepped up cleaning and...

Les R. Baledge Appointed to Tyson Foods Board of Directors

Les R. Baledge, 62, has been appointed to the board of directors of Tyson Foods, company officials announced.

Baledge was executive vice president and general counsel of Tyson Foods from 1999 to 2004. He also practiced corporate and finance law with Kutak Rock and The Rose Law Firm, both located in Little Rock. In addition, he previously served on the boards of BMP Sunstone Corp. and Fairfield Communities, Inc.

The appointment of Baledge increases the number of directors on the Tyson Foods board to 13. He will serve on the Governance and Nominating Committee.

“The extensive knowledge that Les has about our company combined with...

Tyson Foods States Company is Uniquely Positioned to Meet Global Protein Demand 

Tyson Foods, Inc. CEO Noel White reiterated today at the Consumer Analyst Group of New York annual conference that, “Tyson Foods’ scale, diversified portfolio, international footprint and financial track record uniquely position the company for continued, long-term growth at a time when there’s growing global demand for protein.”

Dean Banks, who recently joined Tyson Foods as its president, said, “We have a global opportunity and innovation across our portfolio is the key,” adding, “I have a passion for innovation and have been impressed with the innovation culture at Tyson Foods.”

Banks highlighted Tyson Air Fried Perfectly Crispy Chicken, Tyson Instant Pot Kits, Jimmy Dean Omelet Minis, Jimmy Dean Loaded Sausage Bites, Hillshire Snacking Bruschetta and Pact as examples of...

Tyson Foods Appoints Kevin M. McNamara as Vice Chairman

Kevin M. McNamara, the lead independent director for Tyson Foods, Inc., has been given the additional role of vice chairman of the board, the company announced today.

The appointment means McNamara, who has been a Tyson Foods board member since 2007, will take on additional duties and responsibilities to assist the chairman with board matters, support the executive team on company matters, and focus on key strategic initiatives.

“The board’s appointment of Kevin to vice chairman reflects its commitment to sound governance to sustain the future of our company,” said Chairman John H. Tyson. “We look forward to...

Tyson Fresh Meats and Jacob Stern & Sons Launch Joint Venture

Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods, and Jacob Stern & Sons, Inc. have launched a joint venture, JST Global, LLC, to serve the worldwide fats and oils market. Specific terms of the venture are not being disclosed.

Beef and pork by-products of the fresh meats business, along with fats and oils derived from other sources, are key ingredients in thousands of products in such diverse industries as pharmaceuticals, personal care, and animal nutrition, plus the rapidly developing field of renewable fuels.

“Jacob Stern and Tyson Fresh Meats have enjoyed a strong relationship for over 50 years. Combining Tyson’s vast supply of animal fats with Jacob Stern’s Texas operations is...

Tyson Foods Reports First Quarter 2020 Results

Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:

First Quarter Highlights

• GAAP EPS of $1.52, up 1% from prior year; Adjusted EPS of $1.66, up 5% from prior year
• GAAP operating income of $826 million, up 2% from prior year
• Adjusted operating income of $894 million, up 6% from prior year...