Tyson Foods Announces New CFO

Tyson Foods has named Curt Calaway chief financial officer, effective immediately. Calaway has been with the company since 2006, most recently serving as interim CFO.

John R. Tyson, chief financial officer and great grandson of the company’s founder, was suspended in his duties after he was arrested in June on charges of driving while intoxicated. At the time, it was his second arrest for DWI. The company stated John remains with the company but is currently on "health-related leave."

Calaway has nearly 30 years of experience in finance, audit, and accounting. Prior to being named interim CFO, Calaway served as the CFO for Tyson's Prepared Foods Business Unit and was also responsible for the company’s Mergers & Acquisitions (M&A) and corporate development efforts. Calaway served as senior vice president of Finance and treasurer, where he led Investor Relations, Treasury, Corporate Finance, Corporate Financial Planning & Accounting, M&A, Corporate Development, and Supply Chain Finance. Calaway has held various leadership roles with the company during his 18-year tenure, including Controller, Chief Accounting Officer and Vice President of Audit and Compliance.

“Curt is a proven leader with deep industry knowledge and a wealth of experience in financial strategy and reporting,” said Tyson Foods President Donnie King. “I am confident Curt will continue to help drive our operational excellence and shareholder value."