Tyson Names Chicken Boss New CEO in Latest C-Suite Shakeup
- King to be Tyson’s fifth CEO in as many years as Banks leaves
- Tyson says Banks is leaving CEO job for personal reasons
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A revolving door in America’s biggest meat company has spun once again. Tyson Foods Inc. named Donnie King as chief executive officer to replace Dean Banks. King becomes Tyson’s fifth CEO in as many years.
Banks, who had been in the top job for eight months, is leaving for “personal reasons,” the Springdale, Arkansas-based company said Wednesday in a statement. King, most recently chief operating officer and president of poultry, becomes CEO effective immediately.