Tyson CFO Suspended Following Second Alcohol-Related Arrest

Tyson Foods Inc. has suspended its Chief Financial Officer, John R. Tyson, following his arrest on Thursday for driving under the influence (DWI).

In an official statement posted on its website, Tyson Foods announced, “We are aware that John Randal Tyson, Chief Financial Officer of Tyson Foods, was arrested for an alleged DWI. Tyson Foods has suspended Mr. Tyson from his duties effective immediately and named Curt Calaway as interim Chief Financial Officer.”

Tyson, 34, was taken into custody early Thursday by University of Arkansas police in Fayetteville. According to a report by the Associated Press, he was also charged with careless driving and making an illegal turn. He was released later that day on a $1,105 bond and is scheduled to appear in court on July 15.

Curt Calaway, who has been with Tyson for 18 years, has been appointed as interim CFO. Calaway previously served as treasurer and senior vice president of finance and corporate development.

This recent incident marks Tyson’s second alcohol-related arrest. In November 2022, he was charged with public intoxication and criminal trespassing after allegedly entering a stranger’s home in Fayetteville and falling asleep in her bed. Tyson pleaded guilty to those charges and paid fines and court fees.

The company is taking these incidents seriously and has moved swiftly to ensure continuity in its financial leadership.