SPRINGDALE, Ark., Aug. 16 /PRNewswire-FirstCall/ -- Tyson Foods, Inc.
(NYSE: TSN) is implementing changes in its management structure designed to
enhance leadership development and succession planning, company officials
reported today.
The changes include modifications in the structure of some of the senior
management teams that report to the company's top three executives, Chairman
and CEO John Tyson, President and Chief Operating Office Dick Bond, and Chief
Administrative Officer and International President Greg Lee. The company will
begin phasing in the changes immediately with completion expected by
October 1.
"We firmly believe these changes will result in a more effective
management structure for our company and enhance our ongoing people
development efforts," said John Tyson. "These modifications are the result of
our internal organization development process, as well as consultation with
our board of directors."
John Tyson, Chairman and CEO
Dick Bond and Greg Lee will continue to report to John Tyson, as will
the following:
* Al Gonzalez-Pita - Executive Vice President and General Counsel
* Dennis Leatherby - Senior Vice President, Finance and Treasurer and
interim Chief Financial Officer
* Archie Schaffer - Senior Vice President, External Relations.
* Ken Kimbro - Senior Vice President, Human Resources
* Jeri Dunn - Senior Vice President, Information Technology
In addition, Donnie Smith has been added as a direct report to John Tyson.
Smith is now Senior Vice President of Project Won, a program focused on
business process changes to support the company's strategic initiatives. He
has previously served as the company's Senior Vice President of Supply Chain
Management.
Dick Bond, President and Chief Operating Officer
Dick Bond's direct reports will now include:
* Bill Lovette has been named Senior Group Vice President of Poultry and
Prepared Foods. His direct reports will include Wendy Davidson, who
has been named to take Lovette's current position as Group Vice
President, Food Service. Others reporting to Lovette will include:
* Chris Daniel, Senior Vice President, Allied Products
* A Group Vice President for Consumer Products will be named after a
review of internal and external candidates.
* Noel White has been named Group Vice President, Fresh Meats Operations
and Commodity Sales effective October 1. He replaces Gene Leman who
will remain in an advisory role until he retires on January 31, 2006.
White is currently Senior Vice President of Fresh Meats Sales and
Marketing.
* Jim Lochner has been named to the new position of Senior Group Vice
President, Margin Optimization, Purchasing and Logistics. He has been
serving as Group Vice President of Purchasing. Reporting to Lochner
will be:
* Jean Beach - Senior Vice President, Commodity Trading and Risk
Management, Price Optimization and Meat Procurement
* Joey White - Vice President, Poultry/Prepared Foods, Production
Planning & Inventory Management
* Tim McGovern, Vice President, Warehouse & Distribution
* Ray Hollingsworth - Vice President, Fresh Meats, Production
Planning and Inventory Management
* Senior Vice President, Purchasing (Open)
* Also reporting to Bond will be Mike Baker, Group Vice President,
Technical Services. Baker's direct reports will include:
* Steve Gordon - Vice President, Engineering
* Patrick Pilkington - Vice President, Live Production Services
* Ted Burnett - Vice President, Operations Support
Greg Lee - Chief Administrative Officer & International President
Greg Lee's direct reports will now include:
* John Lea has been named Senior Group Vice President and Chief
Development Officer, after previously serving as Group Vice President
of Consumer Products. His direct reports will now include:
* Bob Corscadden, Senior Vice President, Chief Marketing Officer
* Hal Carper, Senior Vice President, Research & Development
* Rick Roop, Senior Vice President, Food Quality Assurance
* Kevin Igli, Vice President, Environment, Health & Safety
* A new Group Vice President, International, will be named. Greg Huett,
who currently holds the position, will remain on the job while he
helps identify his replacement and will then move to into another
senior leadership position within the company.
* James Bell - Senior Vice President, Cobb-Vantress
* Jeff Webster - Senior Vice President, Strategic Planning
* Jan Barnsley - Director, Ethics and Compliance
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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