Timely links to external news and articles, usually valuation related, with occasional commentary.
John R. Tyson, Tyson Foods Inc.’s chief financial officer and son of the meat giant’s chairman, was arrested over the weekend after authorities said he fell asleep in the wrong house.
Mr. Tyson, 32 years old, was found asleep in a woman’s bed at her home in Fayetteville, Ark., on Sunday morning, according to a preliminary arrest report filed by the Fayetteville Police Department.
Mr. Tyson, the great-grandson of Tyson Foods’s founder, was promoted to the CFO role for the $24 billion meat company in September and took over the job at the start of October. He is the youngest chief financial officer serving at a company in the S&P 500 or Fortune 500, according to Crist Kolder, an executive-search firm.
Before taking over as CFO, he had been serving as Tyson’s executive vice president of strategy and chief sustainability officer, roles he still holds.
Absolutly breathtaking that investors in a public company would put up with this nepotism. No one on that board should have any credibility whatsoever. Just imagine how poorly other parts of this company might be running.