LOS ANGELES, May 11 /PRNewswire-FirstCall/ -- A report by a prominent
Hispanic organization ranks Tyson Foods, Inc. (NYSE: TSN) among the top 20
companies in the country for its inclusion of Hispanics throughout its
business.
The Hispanic Association on Corporate Responsibility (HACR) this week
released its first Corporate Index, ranking Hispanic inclusion by Fortune 100
companies. The Index, which was announced at the Association's Symposium on
Corporate Responsibility, lists Tyson at number 18. IBM ranked first.
The HACR assessment measured the inclusion of Hispanics in such areas as
executive leadership, corporate governance, workforce representation, Hispanic
community reciprocity and Hispanic supplier outreach and development.
"We're gratified by the results of this assessment, which reflects the
progress our company has made in our efforts to include and serve the Hispanic
community," said John Tyson, chairman and chief executive officer of Tyson
Foods. Approximately one-third of Tyson's 114,000 Team Members are Hispanic.
"Our organization is focused on encouraging Fortune 100 companies to
include Hispanics in their board rooms, executive offices, and throughout
their business models," said Alfonso E. Martinez, president and CEO of HACR.
"We're pleased Tyson has demonstrated a commitment to this important effort
and are proud to include the company in our Index."
Last year, Tyson appointed the company's first Hispanic board member.
Albert C. Zapanta, president and CEO of the United States-Mexico Chamber of
Commerce, is now one of five independent directors on the company's board.
Zapanta was recognized by HACR as a 2005 honoree. He was one of five Hispanic
leaders on the boards of Fortune 100 companies who were recognized by the
Association.
In 2004, J. Alberto Gonzalez-Pita was named Tyson's Executive Vice
President and General Counsel of Tyson Foods. He serves as Tyson's chief
legal officer overseeing all legal matters involving the company.
Other examples of Tyson's Hispanic inclusion efforts include:
* Tyson's Core Values -- Through its Core Values, Tyson "strives to be a
company of diverse people working together" and also strives to
operate "with integrity and trust in all we do."
* Leadership and Organizational Development Department -- An on-going
Tyson goal is to identify and prepare people, including Hispanic Team
Members, to become future leaders through the company's Emerging
Leaders and Mentoring programs.
* Tyson Leadership College -- The company provides training to
developing management and leadership skills. This includes classes on
values and ethics, communications, coaching and problem-solving.
* Tyson Workforce Home Benefit Program -- The company launched a
$50 million initiative in 2004 designed to help Tyson Team Members
obtain the financial assistance and expertise needed to buy a home.
* Newcomers Financial Literacy Program -- Some Tyson plants provide
classes designed to help workers learn how to develop a credit
history, buy a home, write a check or participate in the retirement
savings program.
* Tyson Supplier Diversity Program -- Tyson offers equal opportunity to
all potential suppliers of goods and services. For example, the
company tracks procurement with Hispanic-owned firms and has a
procurement goal that targets Hispanic suppliers.
* Hispanic Marketing/Contributions -- Tyson has product marketing
efforts that target the growing Hispanic marketplace. The company
also makes charitable donations that specifically benefit the Hispanic
community.
About HACR
Founded in 1986 as a coalition of 14 prominent national Hispanic
organizations, the Hispanic Association on Corporate Responsibility is a
nonprofit, tax-exempt, 501 (c) 3 organization, headquartered in Washington,
D.C. HACR's mission is to ensure the inclusion of Hispanics in corporate
America at a level commensurate with their economic contributions. HACR
focuses on four areas of corporate responsibility and market reciprocity.
They are: Employment, Procurement, Philanthropy, and Governance.
HACR Coalition Organizations include The Hispanic Association on Corporate
Responsibility, American GI Forum of the United States, ASPIRA Association,
Inc., Congressional Hispanic Caucus Institute, Congressional Hispanic
Leadership Institute, Cuban American National Council, Hispanic Association of
Colleges and Universities, League of United Latin American Citizens, MANA, A
National Latina Organization, MENToR, The National Hispanic Employee
Association, National Association of Hispanic Publications, National Council
of La Raza, National Puerto Rican Coalition, SER-Jobs for Progress National,
Inc., and the United States Hispanic Chamber of Commerce.
About Tyson Foods
Tyson Foods, Inc., founded in 1935 with headquarters in Springdale,
Arkansas, is the world's largest processor and marketer of chicken, beef, and
pork and the second-largest food company in the Fortune 500. The company
produces a wide variety of protein-based and prepared food products, which are
marketed under the "Powered by Tyson(TM)" strategy. Tyson is the recognized
market leader in the retail and foodservice markets it serves, providing
products and service to customers throughout the United States and more than
80 countries. Tyson has approximately 114,000 Team Members employed at more
than 300 facilities and offices in the United States and around the world.
SOURCE Tyson Foods, Inc.
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Related links:
http://www.tyson.com
CONTACT:
Gary Mickelson of Tyson Foods, Inc.,
+1-479-290-6111
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