Tyson Foods Names Stewart Glendinning Chief Financial Officer
November 08 2017 - 5:15PM
Tyson Foods, Inc. (NYSE:TSN) today announced that Stewart F.
Glendinning has been appointed Chief Financial Officer, effective
February 10, 2018. Dennis Leatherby, who has served Tyson
Foods as Chief Financial Officer since 2008, will remain in that
capacity until that date. To ensure a smooth transition,
Glendinning will join the company on December 11, 2017, and
Leatherby will stay with the company until April 2018.
Glendinning joins Tyson Foods from Molson Coors Brewing Company,
where he served as President & CEO, International. He began his
career at Molson Coors in 2005 as Chief Financial Officer, UK and
subsequently held the positions of Global Chief Financial Officer,
President & CEO, UK and President & CEO, Canada. Prior to
that, Glendinning served in senior financial positions with The
Hackett Group and KPMG.
“Stewart’s background in both finance and operations will be an
important asset to our team as we continue Tyson Foods’
transformation to a modern food company,” said Tom Hayes, President
and CEO of Tyson Foods. “In the past year, we have made great
progress in building our strategy to grow through differentiated
capabilities, deliver ongoing financial fitness through continuous
improvement and to sustain our company and our world for future
generations. Stewart’s expertise will add depth and dimension as we
continue to focus on providing sustainable food at scale to deliver
value to all of our stakeholders.
“During his 28 years at Tyson Foods, especially his almost
decade as CFO, Dennis has been a critical factor in our growth,
helping guide the strategic repositioning of the company and our
acquisition program during his tenure,” added Hayes. “On behalf of
our board, our executive team and the entire Tyson Foods family, I
want to thank him for his countless contributions during his long
and distinguished tenure.”
“Tyson Foods is primed to launch its next phase of growth and
now is the right time for me to pursue the next chapter in my life,
including spending more time with my extremely supportive family
and friends,” stated Dennis Leatherby. “I am extremely proud of
what this organization has been able to achieve in my nearly three
decades here and I am honored to have been part of a fabulous
leadership team. Many more good things are ahead for this great
company.”
“This is an exciting time for Tyson Foods, with incredible
opportunities to build on the breadth and scope of its standing as
one of the world’s premier food companies,” said Stewart
Glendinning. “I look forward to working with Tom as part of his
leadership team to help realize the company’s strategic and
operational goals and to support brands that have been such an
important part of how we eat for generations.”
About Tyson Foods, Inc. Tyson Foods Inc.
(NYSE:TSN) is one of the world’s largest food companies and a
recognized leader in protein. Founded in 1935 by John W. Tyson and
grown under three generations of family leadership, the company has
a broad portfolio of products and brands like Tyson®, Jimmy Dean®,
Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp® and State
Fair®. Tyson Foods innovates continually to make protein more
sustainable, tailor food for everywhere it’s available and raise
the world’s expectations for how much good food can do.
Headquartered in Springdale, Arkansas, the company had 114,000 team
members at October 1, 2016. Through its Core Values, Tyson Foods
strives to operate with integrity, create value for its
shareholders, customers, communities and team members and serve as
a steward of the animals, land and environment entrusted to it.
Visit www.tysonfoods.com.
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