Tyson CFO Arrested After Allegedly Falling Asleep in Wrong Home

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John Tyson, the chief financial officer of Tyson Foods, was arrested early Sunday morning in Arkansas on charges of public drunkenness and criminal trespassing,

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 a month after he was appointed to his post at the second-largest beef producer in the world. According to the Washington County, Arkansas, sheriff's department, 32-year-old 

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Tyson was jailed and released later the same day. Tyson was discovered sleeping in a woman's bed in her Fayetteville apartment on Sunday morning, according to KNWA Fox 24. 

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The woman, who did not recognize Tyson, phoned the police, according to the station. The woman told dispatchers that she believed the front door was unlocked.

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As this is a personal situation, we have no further comment," a Tyson representative wrote in an email to CBS MoneyWatch. Tyson, a member of the fourth generation of the family

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 that runs the $24 billion meat-processing corporation, was chosen CFO in September and began his tenure on October 2. He is the 2019 addition of the son of Tyson Chairman John H. Tyson.

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Monday will mark the publication of the company's fourth-quarter results, its first earnings report with Tyson as CFO. As CFO, Tyson receives a base salary of $650,000 in addition

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 to "an increase in his target annual incentive payment under the company's annual incentive compensation plan for senior executives from 90% to 110% 

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of his annual base salary, with the actual annual incentive payment payable based on performance against certain pre-established company-wide measures," 

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according to a regulatory filing dated September 27. On December 1, Tyson, who was released after posting a $415 bail, is set to appear in court.

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Tyson Foods, headquartered in Springdale, Arkansas, produces over 20% of the chicken, beef, and pork consumed in the United States. In fiscal 2021, the company's revenue was $47 billion.

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This is the second recent arrest of a food sector executive; in September, Beyond Meat suspended its COO for biting a man's nose in Fayetteville, Arkansas. Doug Ramsey  

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quit Beyond Meat on October 14, according to a regulatory filing by the business. According to his Linkedin profile, Ramsey worked for Tyson for 30 years before to joining Beyond Meat.