John Tyson suspended as CFO of Tyson Foods after second arrest

June 13 (UPI) – Tyson Foods CFO John Tyson was suspended following his second arrest on Thursday on charges of drunken driving and reckless driving in Arkansas.

“We are aware that John Randal Tyson, chief financial officer of Tyson Foods, was arrested for alleged drunken driving,” Tyson Foods said in a statement. “Tyson Foods has suspended Mr. Tyson from his duties effective immediately and appointed Curt Calaway as interim chief financial officer.”

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John Tyson, the great-grandson of the founder of Tyson Foods, was arrested two years ago after falling asleep drunk in a house he did not live in. He pleaded guilty at the time and apologized to the company’s investors.

According to court records, Tyson was arrested by University of Arkansas police around 1:30 a.m. Thursday and charged with drunken driving, reckless driving and improper turning.

According to Washington County, Arkansas Sheriff’s Department records, Tyson was released from jail at 10:41 a.m. Thursday on $1,105.00 bail.

According to a Tyson Foods biography, John Tyson oversaw the company’s “worldwide finance and accounting functions and represented the company in matters involving investors, banks, rating agencies, auditing and other financial matters.”

He holds a bachelor’s degree from Harvard University and an MBA from the Stanford Graduate School of Business.

Tyson is also a board member of Winrock International. He joined his family’s company in 2019 and previously worked in investment banking at JP Morgan.

He is a fourth generation member of the Tyson family.