Tyson Foods President and CEO Dean Banks is leaving the company for personal reasons, he said Wednesday Banks was immediately succeeded by Donnie King King is a 36-year veteran of the company who most recently served as its COO Now, King must contend with declining employee attendance and ongoing pandemic issues
(Reuters) - Tyson Foods Inc said on Wednesday Chief Executive Officer Dean Banks is leaving the company due to personal reasons and will be succeeded by Chief Operating Officer Donnie King.
Tyson Foods says it’s raising wages to combat absenteeism and worker turnover at its plants as U.S. demand for chicken soars Tyson Foods says it’s raising wages to combat absenteeism and worker turnover at its plants as U.S. demand for chicken soars.The Springdale, Arkansas-based company, which processes 20% of U.S. beef, chicken and pork, said Monday that absentee rates are around 50% higher than they were before the pandemic.
Tyson Foods (TSN.N) is laying off a certain type of rooster from its U.S. chicken business after a surprising discovery that eggs fertilized by the male bird hatch less often, resulting in fewer chickens.The world's largest meat producer by sales will install a replacement across its breeding program by this fall to boost production, Donnie King, president of Tyson's poultry business, said on Monday.
Tyson Foods plans to invest $48 million in its poultry operation in Pine Bluff.Company officials say nearly 70 jobs will be created by the project, which is expected to be complete by late 2021.“The demand for convenient, high-quality chicken products continues to grow and we’re investing in projects that meet the needs of our customers and consumers,” said Donnie King, chief operating officer for Tyson Foods.