Tyson Foods’ Board Names New CEO

Tyson Foods announced Monday the replacement of company President and CEO Tom Hayes.

In a press release, the company say Noel White will take over for Hayes by the end of the month. 

The release goes on to say that Hayes is leaving for personal reasons.

In a statement, John Tyson, chairman of the board of directors, said, “Noel is a proven leader who has played an integral role in our enterprise leadership team for many years. He has run our beef, pork, and poultry businesses and is now helping Tyson Foods capitalize on international opportunities. His deep institutional knowledge and a stellar track record over his more than 30-year career at Tyson Foods and a predecessor company give the board the utmost confidence in his ability to drive the business forward, accelerate global growth and create long-term value for shareholders.”

Mr. Tyson continued, “Tom has accelerated the strategic transformation of Tyson Foods’ product portfolio and played an important role in the company’s continuing development. The board and I thank him for his many contributions to the success of Tyson Foods and wish him well.”

Noel White is set to assume the new leadership role on September 30th.