Tyson Foods Supply Chain Head Departs Over Conduct Breach
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Tyson Foods Inc. said its supply chain chief left the company , marking the second senior executive departure for improper behavior in just over a year.
Chief Supply Chain Officer Brady Stewart is departing the U.S. meat giant after taking certain actions that violated its code of conduct, Springdale, Ark.-based Tyson said in a statement late Sept. 2. The company didn’t provide further details on his actions in the statement, and representatives didn’t immediately respond to a request for comment.
Tyson also appointed Devin Cole, the head of its poultry business as chief operating officer, with the U.S. meat giant signaling more management changes associated with its succession planning.
Tyson ranks No. 9 on the Transport Topics Top 100 list of the largest private carriers in North America. Its shares fell as much as 2% in the first hours of trading Sept. 3.
Stewart’s departure comes a little more than a year after John R. Tyson, the great-grandson of the company’s founder, was permanently removed as chief financial officer following a drunk drivingĚýarrest. It also follows a string of senior executive exits at U.S. companies such as NestlĂ© SA and Kohl’s Corp. over violations of internal norms.
Stewart — who also ran the company’s beef, pork and prepared foods businesses — in 2023 became responsible for aĚýstreamlining pushĚýin areas such as transportation and warehousing as part of a broader effort to restore profit.
Cole, who is group president of poultry, will take over as COO, overseeing Tyson Foods’ chicken, beef, pork and prepared food operations. The company didn’t have a COO since Donnie King, the latest executive to hold the position, became chief executive officer in 2021.
The move “reflects Tyson Foods’ commitment to robust succession planning,” the producer said in the statement. The company will share further leadership and organizational updates before its fiscal year starts on Sept. 28, “consistent with its established succession planning and governance processes.”
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