Tyson Foods CFO Suspended After Second Arrest for Drunken Driving
John R. Tyson, great-grandson of the company's founder, faces legal troubles again, prompting the appointment of Curt Calaway as interim CFO.
- John R. Tyson was arrested for driving while intoxicated and other charges early Thursday morning in Arkansas.
- This marks Tyson's second arrest related to alcohol in less than two years, following a 2022 incident.
- Tyson Foods immediately suspended John R. Tyson and named Curt Calaway as interim CFO.
- Shares of Tyson Foods fell by over 1.5% following the news of the arrest and suspension.
- Tyson had previously apologized to investors and employees for his past conduct and sought counseling for alcohol abuse.