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CEO of Tyson Foods to Step Down for Personal Reasons
WSJ ^ | Updated Sept. 17, 2018 5:41 p.m. ET | By Jacob Bunge

Posted on 09/18/2018 6:40:31 AM PDT by Red Badger

Tom Hayes was in midst of overhauling strategy for the U.S.’s top meat company; Noel White is chosen by board as successor ===========================================================================

yson Foods Inc. said Chief Executive Tom Hayes is leaving at the end of this month for personal reasons, a surprise leadership shift as the top U.S. meat company revamps its strategy to prioritize branded meat products.

Tyson said Monday that Noel White, a longtime Tyson executive who has overseen chicken, beef and pork processing, will become its new chief executive.

The abrupt change surprised Tyson employees and investors, coming less than two years into Mr. Hayes’s tenure. He has focused on overhauling Tyson’s executive leadership team and repositioning the 83-year-old meat giant as a modern food company marketing branded consumer products, such as Jimmy Dean sausages and Hillshire Farm cold cuts.

Mr. Hayes said in an interview that his decision to leave wasn’t related to any issues of personal conduct or integrity at Tyson. The 53-year-old said he isn’t facing significant health problems and that he isn’t pursuing a job at another company. He said his decision was driven by “things that are personal to me.”

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Crime/Corruption; Politics/Elections; US: Arkansas
KEYWORDS: ceo; meat; tyson
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Hmmmmmmm..................
1 posted on 09/18/2018 6:40:31 AM PDT by Red Badger
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To: Red Badger

Another victim of #MeToo??


2 posted on 09/18/2018 6:43:13 AM PDT by ObozoMustGo2012 ("Be quiet... you are #fakenews!")
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To: Red Badger

Was he a trump supporter?


3 posted on 09/18/2018 6:44:11 AM PDT by Skywise
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To: Skywise

I don’t know, he may like pizza.....................


4 posted on 09/18/2018 6:45:28 AM PDT by Red Badger (July 2018 - the month the world learns the TRUTH......Q Anon.......Timelines change. Aug 16)
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To: ObozoMustGo2012

Not that I know of................


5 posted on 09/18/2018 6:45:51 AM PDT by Red Badger (July 2018 - the month the world learns the TRUTH......Q Anon.......Timelines change. Aug 16)
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To: ObozoMustGo2012

Or illegal alien employment policies. Or both.


6 posted on 09/18/2018 6:46:58 AM PDT by mewzilla (Has the FBI been spying on members of Congress?)
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To: Skywise

The Tyson company has a long history with the Clintons, back to the Arkansas days. Don’t know about this guy personally.


7 posted on 09/18/2018 6:47:13 AM PDT by dead
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To: Red Badger; Gamecock; SaveFerris; FredZarguna; PROCON; Army Air Corps; KC_Lion
Tyler is the real top-flight bird outfit.


8 posted on 09/18/2018 6:52:54 AM PDT by Larry Lucido
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To: Red Badger
This may be a little bit off-scope, but the main thing that bothers me about the Tyson commercials is that they brag that their chickens have an all vegetarian diet, and yet it shows the chickens out in the yard, obviously pecking at insects.

The last time that I checked, chickens weren't vegetarian and insects are meat ...

9 posted on 09/18/2018 6:55:36 AM PDT by BlueLancer (Democrats are National Socialists)
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To: dead

That’s what I thought..every time I see their products in the store I refer to them as...Clinton Chicken.


10 posted on 09/18/2018 6:55:44 AM PDT by RckyRaCoCo (Please Pray For My Brother Ken)
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To: Red Badger

Tyson has a history of hiring illegal aliens.
Perhaps he wants out before the raids on their plants begin.


11 posted on 09/18/2018 7:17:25 AM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here of Citizen Parents__Know Islam, No Peace - No Islam, Know Peace)
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To: RckyRaCoCo
"Under the guidance of an attorney representing Tyson Foods, Hillary Clinton made a $98,540 profit from a $1,000 initial investment in less than one year trading commodity futures. While $98,540 may not seem like much money relative to the Clinton family’s wealth today, it exceeded Bill and Hillary’s combined annual income at the time...

The factor that makes the cattle futures scandal relevant is that Hillary Clinton received her trading advice from Tyson Food’s outside counsel. Tyson was a major agricultural producer in Arkansas and had numerous issues that Attorney General and later Governor Bill Clinton could affect.

One such issue involved enforcement of environmental regulations affecting Tyson’s chicken-processing plants... In 1977, the state pollution control agency reissued the license for Tyson's Green Forest plant on the condition that the company meet with city officials to work out a plan for treating its wastes. But the state never enforced the order, and in May 1983, the waste from the plant seeped into the town's drinking water. Residents became ill, and 15 months later Governor Clinton declared the town a disaster area.

During Mr. Clinton's tenure in Arkansas, Tyson benefited from a variety of state actions, including $9 million in government loans, the placement of company executives on important state boards and favorable decisions on environmental issues.”

Tyson appears to have obtained these results for what looks like a bribe delivered though Hillary Clinton’s commodities account. To quote the company’s former chairman: politics is “a series of unsentimental transactions between those who need votes and those who have money.”

https://www.thefiscaltimes.com/Columns/2016/02/02/Why-37-Year-Old-Clinton-Financial-Scandal-Still-Relevant

12 posted on 09/18/2018 7:19:27 AM PDT by dead
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To: Red Badger

I’m confused. Are they saying they want to be more like J immy Dean and Hillshire Farms, or that they’re taking them over. If so, that means I won’t be able to eat them anymore.


13 posted on 09/18/2018 7:35:47 AM PDT by smalltownslick
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To: dead; RckyRaCoCo

Walmart and Tysons are the 800 lb gorillas of the Arkansas economy.

Tysons has even more of a constituency among the electorate there, as chicken farming for Tyson is a major part of their agricultural sector (they also grow a lot of rice).


14 posted on 09/18/2018 7:42:21 AM PDT by BeauBo
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To: smalltownslick

They, Tyson, own them...............

https://en.wikipedia.org/wiki/Jimmy_Dean_(brand)

https://en.wikipedia.org/wiki/Hillshire_Farm


15 posted on 09/18/2018 7:43:34 AM PDT by Red Badger (Q..........................Future Proves Past..............WWG1WGA.....................)
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To: BlueLancer

Yup and those hens eating those bugs make for some real tasty eggs. Full of Protein and tasty, firm and bright yellow yokes.

Not the washed out yellow, runny stuff you get from the store.


16 posted on 09/18/2018 7:47:40 AM PDT by VRWCarea51 (The Original 1998 Version)
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To: Red Badger

Tyson and the Clintons are linked.

FISA is out.

I’d say he may be bugging out.


17 posted on 09/18/2018 7:50:39 AM PDT by RinaseaofDs
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To: RinaseaofDs

Won’t do him any good....................


18 posted on 09/18/2018 7:53:04 AM PDT by Red Badger (Q..........................Future Proves Past..............WWG1WGA.....................)
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To: Red Badger

As long as the GOP lives to sabotage, I rule nothing out.


19 posted on 09/18/2018 7:55:48 AM PDT by RinaseaofDs
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To: RinaseaofDs

The RINOs are stampeding for the exits..................


20 posted on 09/18/2018 7:58:13 AM PDT by Red Badger (Q..........................Future Proves Past..............WWG1WGA.....................)
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