Topline
John R. Tyson, the CFO of Tyson Foods and an heir to the Tyson family’s multi-billion-dollar fortune, was arrested over the weekend for a drunken incident less than six weeks after his appointment as the overseer of the meat giant’s finances.
Tyson Foods became embroiled in controversy recently.
Key Facts
Police booked Tyson Sunday for criminal trespassing and public intoxication charges, said authorities in Washington County, Arkansas, home of Tyson Foods’ headquarters.
A woman in Fayetteville, Arkansas, who did not know Tyson, discovered him asleep in her bed early Sunday and called police, according to an arrest report obtained by local NBC affiliate KNWA.
Tyson Foods spokesperson Derek Burleson wrote in an email that the company is “aware of the incident” but declined comment on the “personal matter.”
Key Background
A graduate from Harvard University and Stanford’s Graduate School of Business, the 32-year-old Tyson is the son of Tyson Foods Chairman John H. Tyson and great-grandson of the company’s founder, John W. Tyson. The company tapped the younger Tyson to take over as CFO on September 27, with Tyson stepping into the role on October 2.
Forbes Valuation
We estimate John H. Tyson and his family are worth $3.1 billion, the 926th largest fortune in the world.
Big Number
At least $1.2 million. That’s how much in annual compensation Tyson earns, with a base salary of $650,000 and a performance-based bonus of $585,000 to $715,000, the company said in its announcement of the appointment.
Further Reading
Tyson CFO arrested, allegedly fell asleep in wrong home (KNWA)
Source: https://www.forbes.com/sites/dereksaul/2022/11/07/tyson-foods-cfo—and-heir-to-family-fortune—arrested-for-allegedly-drunkenly-falling-asleep-in-strangers-home/