Tyson Foods heir suspended as CFO for second DWI arrest

Highlights

Tyson Foods suspends a great-grandson of the company's founder after his second alcohol-related arrest.
The individual was charged with driving while intoxicated, previously arrested for falling asleep in the wrong house.
The incidents have led to his suspension as the CFO of Tyson Foods.

Story

Tyson Foods suspended its chief financial officer, John R. Tyson, after he was charged with driving while intoxicated in Arkansas. The company appointed Curt Calaway as its interim CFO. Tyson, 34, was arrested and released on bond. Tyson Foods is headquartered in Springdale, Arkansas. In 2022, Tyson was arrested for public intoxication and criminal trespassing. He later apologized and settled the charges. Tyson is the son of the company's chairman and great-grandson of the founder. Analysts suggest Calaway as a potential permanent CEO. Tyson shares fell 1.5% to close at $53.86 on Thursday.

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