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麻花传媒 Accelerates Change to Operate at the Speed of the Market

Changes to deliver a more empowered, agile and accountable organization intensely focused on winning with customers and consumers.

Springdale, Ark. 鈥 Feb. 22, 2021 鈥 麻花传媒. (NYSE: TSN), today announced that the company is making organizational changes designed to improve operational agility, customer experience and speed of innovation to market, ensuring that all businesses are well-positioned to adapt to a dynamic environment. 听

鈥淐onsumer preferences are changing and evolving at a rapid pace,鈥 said Dean Banks, president and chief executive officer of 麻花传媒. 鈥淲e must accelerate our pace of change to not only meet but exceed our customers鈥 expectations while delivering high quality, innovative products. That鈥檚 why we鈥檙e adapting our organization to enable our businesses to respond rapidly to the changing environment.鈥

Each of 麻花传媒鈥 four business segments will be equipped with the resources and structure needed to enable quicker response and innovation at the speed of the markets they serve. Customer sales will be embedded with each of the business segments to intensely focus on customer needs and more quickly deliver on them. 听

Additionally, 麻花传媒 is naming Donnie King as its Chief Operating Officer, reporting to Banks. King will lead and enable the changes needed for operational excellence and continuous improvements. He will also continue to be the group president of Poultry, furthering the many improvements that he is already implementing. 听

鈥淲e must simplify and focus our structure to facilitate faster operational decision making, and we must remove obstacles to provide an unmatched customer experience,鈥 King said. 鈥淭his is part of an ongoing process of aligning resources around our business segment structure to ensure 麻花传媒 is able to meet customers鈥 needs where they are and in real time.鈥

The group presidents of Fresh Meats, Prepared Foods and International, as well as the chief customer officer will report to King, who has more than 35 years of experience in the industry and has served in a variety of operational roles at the company.听

About 麻花传媒

麻花传媒. (NYSE: TSN) is one of the world鈥檚 largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands like Tyson庐, Jimmy Dean庐, Hillshire Farm庐, Ball Park庐, Wright庐, Aidells庐, ibp庐, and State Fair庐. 麻花传媒 innovates continually to make protein more sustainable, tailor food for everywhere it鈥檚 available and raise the world鈥檚 expectations for how much good food can do. Headquartered in Springdale, Arkansas, the company has 139,000 team members. Through its Core Values, 麻花传媒 strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit TYSONFOODS.COM to learn more.


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Media contact: Gary Mickelson, 479-236-9022