Tyson Foods Selects Procter & Gamble Executive as Board Member
December 06 2016 - 4:05PM
An executive for one of the world’s largest consumer packaged goods
companies has been named to the board of directors of Tyson Foods,
Inc. (NYSE:TSN), company officials announced today.
54-year-old Jeffrey K. Schomburger, Global Sales Officer for
Procter & Gamble, has been selected as a new independent
director on the Tyson Foods board, effective December 5, 2016. The
board is expanding from ten to eleven members, and Schomburger will
be one of eight independent directors.
Schomburger has held numerous leadership positions with P&G
since joining the company in 1984, including President of the
Global Walmart team from 2005 to 2015. He started with P&G as a
sales representative and held positions of increasing
responsibility in the company’s paper products business. He
progressed to the company’s customer marketing organization,
managing various assignments in Western Europe, including Vice
President of Sales for Western Europe, before returning to the U.S.
to lead P&G’s Global Walmart business. He was named to his
current position in 2015.
“Jeff’s deep understanding of the branded consumer packaged
goods business and his experience as a leader are among the reasons
our nominating committee recommended him,” said Chairman of the
Board of Directors for Tyson Foods, John Tyson. “We’re pleased to
have him on the board and look forward to his input as we continue
to grow our branded food business.”
A native of Florida, Schomburger graduated with honors from the
University of North Carolina where he earned a Bachelor of Arts
Degree in Economics. He is Chairman of the Cincinnati City Center
Development Corporation and has previously served as United Way
Campaign Chair and on the Executive Board of the Hispanic
Scholarship Fund.
In addition to Schomburger and Chairman John Tyson, other
current members of the Tyson Foods board of directors are Gaurdie
E. Banister Jr.; Mike Beebe; Mikel A. Durham; current Tyson Foods
president and incoming CEO Tom Hayes; Kevin M. McNamara; Brad T.
Sauer; Donnie Smith, Robert Thurber and Barbara A. Tyson.
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
Tyson Foods (NYSE:TSN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Tyson Foods (NYSE:TSN)
Historical Stock Chart
From Jul 2023 to Jul 2024