Tyson Foods Tops FORTUNE’s World's Most Admired Companies List for Food Production
January 19 2018 - 4:05PM
Tyson Foods, Inc. (NYSE:TSN) was recognized today
by Fortune magazine, for the second consecutive year, as
No. 1 on the World’s Most Admired Companies list in the Food
Production category. The annual survey, conducted by
Fortune and the Hay Group division of Korn Ferry, is given to
top executives, directors and financial analysts, to identify the
companies that have the strongest reputations within their
industries and across all industries.
“We’re proud to be recognized once again as the
World’s Most Admired Company in Food Production. This is a
tremendous accomplishment – and a testament to the great work our
team is doing every day,” said Tom Hayes, president and CEO of
Tyson Foods. “2017 was a record year, and we will use that momentum
to continue raising the world’s expectations for how much good food
can do.”
Tyson Foods developed a new company purpose in 2017 – to raise
the world’s expectations for how much good food can do, and refined
its strategy. New members of the management team joined the company
to help implement the strategy, including a new Chief
Sustainability Officer to advance efforts to produce food more
sustainably and a new Chief Technology Officer to help the company
innovate through new technology. The company also announced a bold
and renewed approach to sustainability focused on improving all
areas of the business.
Fortune’s World's Most Admired Companies list is the definitive
report card on corporate reputations. Hay Group has collaborated
with Fortune annually since 1997 to identify, select and rank the
World’s Most Admired Companies and uncover the business practices
that make these companies highly regarded among their peers. To
compile the rankings, corporate reputation and performance are
measured against nine key attributes: innovation, people
management, use of corporate assets, social responsibility, quality
of management, financial soundness, long-term investment, quality
of products and services, and global competitiveness. Tyson Foods
has an industry ranking of No. 1 for each of these key attributes
of reputation.
The World’s Most Admired Companies list can be found on the
Fortune website. For more information on how the rankings are
determined, view the full methodology on Korn Ferry’s website.
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 has 122,000 team members. 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.
Contact: Caroline Ahn, 312-614-6047, caroline.ahn@tyson.com
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