Tyson Foods Tops FORTUNE World’s Most Admired List for Food Production
February 16 2017 - 5:13PM
Tyson Foods, Inc. (NYSE:TSN) was recognized today by Fortune
magazine as No. 1 on the World’s Most Admired Companies list in the
Food Production segment, moving up four places from the company’s
2016 ranking.
“We’re extremely proud of the work we’ve done,
but I can tell you that we’re just getting started,” said Tom
Hayes, president and chief executive officer of Tyson Foods. “We’ll
use this momentum to drive positive change and continue to position
the company for future growth.”
Fortune collaborated with its partner Korn
Ferry Hay Group on this survey of corporate reputations. The survey
included about 1,500 candidates: the 1,000 largest U.S. companies
ranked by revenue, along with non-U.S. companies in Fortune’s
Global 500 database that have revenues of $10 billion or more. The
list was then winnowed to the highest-revenue companies in each
industry, a total of 680 in 28 countries. The top-rated companies
were picked from that pool of 680; the executives who voted work at
the companies in that group.
To determine the best-regarded companies in 51
industries, Korn Ferry Hay Group asked executives, directors, and
analysts to rate enterprises in their own industry on nine
criteria, which include ability to attract and retain talented
people, quality of products and services, quality of management,
innovation, social responsibility, use of corporate assets and
long-term investment value. Fortune’s Most Admired Companies lists
are among the most highly respected indicators of corporate
performance and reputation. The Fortune ranking list is available
here.
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’s 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 115 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
114,000 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.
Contact: Gary Mickelson, 479-290-6111, gary.mickelson@tyson.com
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