SPRINGDALE, Ark., June 3 /PRNewswire-FirstCall/ -- David A. Jones has
resigned from the board of directors of Tyson Foods, Inc. (NYSE: TSN)
effectively immediately, company officials reported today.
Jones cited increased responsibilities at Spectrum Brands, where he is
chairman and CEO, as the reason for his decision. He has served on the Tyson
board since 2000.
"My responsibilities at Spectrum Brands have become so much more time
consuming ... that I need to significantly reduce my involvement in other
outside business activities," he wrote in his letter of resignation. "Tyson
Foods has made outstanding progress over the past five years, growing into the
largest protein company in the world while nearly quadrupling in size.
Hopefully, I was able to make a small contribution towards this incredible
success."
"We appreciate David's contributions to the board over the past five years
and will miss his leadership and insight," said John Tyson, chairman and CEO
of Tyson Foods. "We will immediately begin the search for a replacement."
Jones was one of five independent directors on Tyson's ten-member board.
The other board members include Lloyd V. Hackley, Jim Kever, Jo Ann R. Smith,
Albert C. Zapanta, Don Tyson, John Tyson, Leland E. Tollett, Barbara A. Tyson
and Richard L. Bond.
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:
media, Gary Mickelson, +1-479-290-6111, or
investors, Louis Gottsponer, +1-479-290-4826, both of Tyson
Foods, Inc.
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