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  • The US Sun

    Tyson Foods CFO John R. Tyson smirks in mugshot after being arrested for second time in two years

    By Brandon Cruz,

    19 days ago

    TYSON Foods has suspended its Chief Financial Officer after he was arrested for intoxicated driving.

    John R. Tyson , 34, was arrested in Arkansas and charged with driving while intoxicated and careless driving on Thursday.

    https://img.particlenews.com/image.php?url=2IDpaB_0tqe01JJ00
    Tyson Foods CFO, John R. Tyson, was arrested for a DUI in Arkansas

    Police from the University of Arkansas arrested Tyson after witnessing the CFO drive his SUV on a curb and the grass while making an illegal U-turn.

    Police said Tyson’s eyes appeared bloodshot and watery, and he smelled of alcohol .

    Tyson initially denied drinking at all that night, but later admitted to having “five to seven beers” at a bar in Fayetteville, said police.

    After a breathalyzer test, Tyson’s blood alcohol came back at 0.191, more than twice the legal limit of 0.08, according to the police report.

    He was later released after spending nine hours in custody.

    This is now the second time in under two years that Tyson, the great-grandson of the company’s founder with the same name, has been arrested.

    Tyson was arrested for criminal trespassing and public intoxication in Arkansas in November 2022, the same year he became CFO.

    He was arrested after a college-aged woman, who he did not know, found him asleep in her bed when she came home, according to the police report from 2022.

    At the time, the company said a committee of its board members would review Tyson’s arrest and the facts surrounding it, but he ultimately continued his role.

    Tyson also apologized for his arrest on a quarterly earnings call that same month.

    “I’m embarrassed and I want to let you know that I take full responsibility for my actions,” Tyson said on the call.

    “I also want to apologize to our investors as I have to our employees.”

    “This was an incident inconsistent with our company values as well as my personal values.”

    “I just wanted you guys to hear this directly from me and to know that I’m committed to making sure this never happens again.”

    But after breaking this promise, Tyson has been suspended from his role as CFO.

    Curt Calaway, a senior finance executive who has been with the company for nearly 20 years, will take over as interim CFO.

    But his future at the company is still uncertain, as his father, John H. Tyson, is chairman of the board and his family holds a majority of its shares.

    However, some believe that eventually there have to be consequences for people’s actions.

    “At some point, the board will need to decide when enough is enough,” Arun Sundaram, an analyst for CFRA Research told Reuters .

    “It’s difficult to imagine many other high-ranking executives retaining their positions after several legal incidents.”

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