Commodities
Drunk Driving Arrest Threatens Tyson Heir’s Future at Meat-Packing Giant
- Great-grandson of Tyson Foods founder was seen as the next CEO
- Corporate governance experts closely watching company response
John R. Tyson
Photographer: Leigh Vogel/Getty ImagesThis article is for subscribers only.
After John R. Tyson’s first arrest involving intoxication, he kept his job with the support of family and Tyson Foods Inc.’s board. Now a drunk-driving charge may jeopardize his path to the top of the largest US meat packer.
The great-grandson of Tyson’s founder was suspended from his role as chief financial officer after being arrested for a second time on Thursday in Fayetteville, Arkansas. He has been considered a potential successor to Chief Executive Officer Donnie King in a position that has historically been held by family members.