Tom Hayes Named President of Tyson Foods; Donnie Smith to Continue as CEO
June 13 2016 - 4:30PM
Tyson Foods, Inc. (NYSE:TSN) today announced that its board of
directors has promoted Tom Hayes to the position of
president. Formerly chief commercial officer of Tyson Foods,
Hayes will work directly with Donnie Smith, who will continue as
the company’s chief executive officer.
Prior to his role as chief commercial officer, Hayes was
president of food service at Tyson Foods. Previously, Hayes
served as chief supply chain officer for The Hillshire Brands
Company, responsible for operations including procurement,
manufacturing, food safety and quality, engineering, and logistics.
In his new role, Hayes will lead Tyson Foods' transition
reflecting the company’s strategic focus on its hybrid model of
branded prepared foods and fresh meats. Hayes will be based
in Springdale, Ark.
Donnie Smith said, “Tom Hayes is an exceptional leader who’s
played a key role in creating a united company and in our continued
development of our branded products. He has a distinguished
track record of strategic, operational and commercial
accomplishments, and I am pleased to have an opportunity to work
closely with him as we continue to leverage our scale and nine core
brands to drive industry-leading growth in attractive market
segments.”
“Under Donnie Smith’s leadership, Tyson Foods has delivered
excellent results for shareholders and experienced significant
growth,” said John Tyson, chairman of the board of directors.
“As we look toward the future of our business and its next
phase of growth, succession planning is the board’s
responsibility. We are focused on leaders with the right
skills to help Tyson Foods capitalize on favorable market trends in
the U.S. and abroad, continue improving our portfolio mix and
margins, and drive innovation in our expanding range of branded
products.”
“I am honored to serve as president of Tyson Foods,” said Mr.
Hayes. “I appreciate the confidence the board has placed in
me and look forward to working closely with Donnie and the board to
help our company become a global leader in protein-centric branded
foods.”
Tom Hayes BiographyAs chief commercial officer,
Tom Hayes has been responsible for all North American sales for
Tyson Foods, in addition to the foodservice prepared foods
P&L. Earlier, he was president of Food Service at Tyson
Foods. Previously, Mr. Hayes was chief supply chain officer
at The Hillshire Brands Company, responsible for operations
including procurement, manufacturing, food safety and quality,
engineering and logistics. Previously, Hayes was senior vice
president and chief supply chain officer for Sara Lee North
America, responsible for supply chain activities in North American
retail and foodservice. Prior to this role, Hayes was
president of Sara Lee Foodservice.
Before joining Sara Lee in 2006, Hayes served as group vice
president of US Foodservice, Inc., where he oversaw the turnaround
needs of broad line distribution facilities in the Northeast.
A 29-year veteran of the consumer products industry, Hayes
previously held general management, sales and marketing roles at
ConAgra Foods, The Fort James Corporation, Stella Foods and Kraft
Foods.
Hayes has served on the board of directors of the International
Foodservice Manufacturers Association (IFMA) and the executive
committee of the board of directors of the North American Meat
Institute (NAMI). He holds a Bachelor of Arts degree in
Psychology from the University of New Hampshire and a Master of
Business Administration degree from Northwestern University’s
Kellogg School of Management.
About Tyson FoodsTyson Foods, Inc. (NYSE:TSN),
with headquarters in Springdale, Arkansas, is one of the world's
largest food companies with leading brands such as Tyson®, Jimmy
Dean®, Hillshire Farm®, Sara Lee®, Ball Park®, Wright®, Aidells®
and State Fair®. It is a recognized market leader in chicken,
beef and pork as well as prepared foods, including bacon, breakfast
sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings,
tortillas and desserts. The company supplies retail and
foodservice customers throughout the United States and
approximately 130 countries. Tyson Foods was founded in 1935
by John W. Tyson, whose family has continued to lead the business
with his son, Don Tyson, guiding the company for many years and
grandson, John H. Tyson, serving as the current chairman of the
board of directors. The company currently has approximately 113,000
Team Members employed at more than 400 facilities and offices in
the United States and around the world. Through its Core
Values, Code of Conduct and Team Member Bill of Rights, Tyson Foods
strives to operate with integrity and trust and is committed to
creating value for its shareholders, customers and Team Members.
The company also strives to be faith-friendly, provide a safe
work environment and serve as stewards of the animals, land and
environment entrusted to it.
Media Contact:
Gary Mickelson
Gary.mickelson@tyson.com
479-290-6111
Investor Contact:
Jon Kathol
jon.kathol@tyson.com
479-290-4235
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