Tyson Foods suspends CFO after second arrest

Tyson Foods suspends CFO after second arrest


John R. Tyson speaks on stage during The Fight for Food: Value Chains and Partnerships at The 2022 Concordia Annual Summit in New York on September 21, 2022.

Leigh Vogel | Getty Images

Tyson Foods said on Thursday it has suspended its chief financial officer, John R. Tyson, after he was charged with driving while intoxicated in Arkansas. The company said it has appointed Curt Calaway as its interim CFO.

Tyson, 34, was arrested at 1:32 a.m. on Thursday and released nine hours later, according to Washington County Detention Center. Tyson Foods is headquartered in Springdale, Arkansas.

In 2022, two months after being named CFO of the meat giant, Tyson was arrested after becoming intoxicated and falling asleep in the wrong house. A week later, he apologized to investors for the incident on the company’s earnings call. Tyson plead guilty to the charges.

Tyson is the son of the company’s chairman, John H. Tyson, and the great-grandson of founder John W. Tyson. He joined the company in 2019 after working in investment banking, private equity and venture capital. His appointment raised some eyebrows on Wall Street.



Source

Fanatics launches prediction market in 24 states
Business

Fanatics launches prediction market in 24 states

Sports merchandiser Fanatics announced Wednesday it’s launching Fanatics Markets, its own prediction market, in 24 states this week, including California, Texas, Florida and Washington. The platform will allow people to trade on events in sports, finance and culture, according to Fanatics, and will launch in segments across the country over the next several days. The […]

Read More
Delta says government shutdown cost it 0 million, but forecasts strong travel demand into 2026
Business

Delta says government shutdown cost it $200 million, but forecasts strong travel demand into 2026

A Delta Airlines Boeing 757-200 plane passes by the U.S. Capitol dome in Washington as it comes in for a landing at Ronald Reagan Washington National Airport on Sunday, November 9, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Delta Air Lines said the government shutdown that ended last month cost it approximately […]

Read More
The niche real estate sector that’s luring big money for small kids’ care
Business

The niche real estate sector that’s luring big money for small kids’ care

A Fortec adaptive reuse project in Barrington, Illinois. Courtesy: Fortec A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to […]

Read More