Major shake-up at meat company = Opportunity
Steve’s breakdown: There are 3 new group presidents and a new CCO, CHR, CTO, CFO & CSO. That should be plenty reason to check these guys out,
SPRING DALE, AR: Tyson Foods Inc. reported this week that it is streamlining its organization in support of a growth strategy announced earlier this year. The new structure is designed around the company’s Beef, Pork, Chicken and Prepared Foods segments.
“A dynamic market demands we become more agile while focusing on consumers, customers and the businesses that deliver our revenue and profit,” Tyson president and chief executive officer Tom Hayes said. “This simple design creates individual responsibility for the performance of our segments to enable faster, better, decisions.”
Group presidents have been selected to lead Tyson’s segments from end to end. Each will report directly to Hayes and will be responsible for growth strategy, execution and developing world-class teams in all product categories and customer channels that their segments serve. The changes will take effect immediately.
The executives selected to oversee the businesses include:
Sally Grimes – group president, Prepared Foods;
Doug Ramsey – group president, Poultry, and
Noel White – group president, Fresh Meats (Beef and Pork) & International.
Tom Hayes’ other direct reports will continue to include:
Scott Rouse – chief customer officer;
Mary Oleksiuk – chief human resources officer;
Scott Spradley – chief technology officer;
David Van Bebber – general counsel;
Dennis Leatherby – chief financial officer, and
Justin Whitmore – chief sustainability officer.
Chief integration officer George Chappelle will continue to lead the integration of AdvancePierre Foods and then will transition to the role of chief operations officer, Prepared Foods, reporting to Grimes.
With these changes, Andy Callahan, president, North American Foodservice & International, and Monica McGurk, chief growth officer, will be leaving the company.
“On behalf of the board and management, I would like to thank Andy and Monica for their hard work and valuable contributions to Tyson Foods. We wish them well,” Hayes said.
“We are excited about the direction in which Tyson Foods is headed and look forward to sharing our third-quarter results on our earnings call scheduled for Monday, Aug. 7,” Hayes added.