Tyson Foods stream­lin­ing its lead­er­ship

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM - NATHAN OWENS

Tyson Foods Inc. is “stream­lin­ing” and re­struc­tur­ing its lead­er­ship team for the sec­ond time this year, the com­pany said Wed­nes­day, in a move to in­crease its agility and de­ci­sion-mak­ing speed af­ter the June ac­qui­si­tion of Ad­vancePierre Foods.

In Fe­bru­ary the Spring­dale-based com­pany un­veiled its new lead­er­ship group that would re­port di­rectly to Tyson Pres­i­dent and Chief Ex­ec­u­tive Of­fi­cer Tom Hayes. This group in­cluded for­mer em­ploy­ees of food com­pa­nies that Tyson ac­quired over re­cent years.

Since then the com­pany has de­cided to ex­per­i­ment with a new lead­er­ship lineup, ef­fec­tive im­me­di­ately.

Three Tyson Foods em­ploy­ees have been pro­moted to group pres­i­dent po­si­tions that over­see each seg­ment of the business — Poultry, Pre­pared Foods, and Fresh Meats (beef and pork). Two

em­ploy­ees will be leav­ing the com­pany, ac­cord­ing to a re­lease sent Wed­nes­day.

Seven em­ploy­ees, who also re­ported di­rectly to Hayes, have main­tained the lead­er­ship po­si­tions they ac­quired in Fe­bru­ary. Th­ese ac­tions are ef­fec­tive im­me­di­ately, ac­cord­ing to the re­lease.

“We’re al­ways look­ing for ways to im­prove the ef­fec­tive­ness of our or­ga­ni­za­tion,” said Tyson Spokesman Gary Mick­el­son in an email. “This stream­lined struc­ture will help us be more ag­ile and en­able faster, bet­ter de­ci­sions.”

Group pres­i­dents will be re­spon­si­ble for growth strat­egy, ex­e­cu­tion and de­vel­op­ing teams in all prod­uct cat­e­gories that their seg­ments serve, ac­cord­ing to the com­pany.

Sally Grimes, Doug Ramsey and Noel White have been se­lected to over­see each seg­ment of Tyson Foods as the group pres­i­dents for Pre­pared Foods, Poultry, and Fresh Meats & In­ter­na­tional, re­spec­tively.

Two Tyson em­ploy­ees will be leav­ing the com­pany: Andy Cal­la­han, pres­i­dent of the North Amer­i­can Food­ser­vice & In­ter­na­tional; and Mon­ica McGurk, chief growth of­fi­cer.

Cal­la­han, for­mer pres­i­dent

of Hill­shire Farms’ re­tail business, merged into Tyson’s lead­er­ship team af­ter the com­pany ac­qui­si­tion in 2014.

Tyson hired McGurk to man­age cor­po­rate strat­egy and new business op­por­tu­ni­ties in April 2016.

In Fe­bru­ary the Spring­dale­based com­pany re­vealed its new lead­er­ship team, which in­cluded Cal­la­han and McGurk.

“We are ex­cited about the

di­rec­tion in which Tyson Foods is headed and look for­ward to shar­ing our third quar­ter re­sults on our earn­ings call,” said Hayes in a the com­pany news re­lease.

Mick­el­son said Wed­nes­day’s an­nounce­ment has noth­ing to do with Mon­day’s sched­uled re­lease of Tyson’s quar­terly earn­ings re­port.

Tyson shares rose 73 cents, or 1.2 per­cent, to close Wed­nes­day at $63.63.

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