Tyson Foods Raises Eyebrows as CFO Gets Suspended for Second Intoxication Arrest

By Moon Harper | Jun 14, 2024 04:57 AM EDT

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Tyson Foods announced John R. Tyson's suspension on Thursday following the Driving While Intoxicated (DWI) charges in Arkansas and appointed Curt Calaway as the company's temporary Chief Financial Officer (CFO).

Tyson Foods' Controversial Heir: John R. Tyson

Tyson is the 34-year-old son of chairman John H. Tyson and the great-grandson of John W. Tyson, the company's founder, who entered the company with his background in investment banking, private equity, and venture capital that garnered Wall Street's attention in 2019.

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Second Arrest: Three Charges of Driving While Intoxicated (DWI) 

Tyson faces three charges of driving while intoxicated, an improper turn or U-turn, and careless driving, the Washington County Detention Center reported. The University of Arkansas Police Department arrested Tyson, who was subsequently booked into the Washington County Detention Center at 1:32 a.m. on Thursday and was also released nine hours later after posting a bond amounting to $1,105.

First Arrest: Criminal Trespass and Public Intoxication

It was not the first controversy over the CFO's involvement with drunk driving. Tyson also pleaded guilty in November 2022 to criminal trespass and public intoxication after a Fayetteville woman reported him asleep in her bed, just two months after assuming the CFO role at the meat giant.

Tyson was arrested shortly after 2 a.m. on November 7 and charged with criminal trespass and public intoxication. A week later, he issued a public apology to the homeowner and investors for the incident during the company's earnings call. A judge later mandated him to pay a $150 fine for each charge and court costs amounting to $440.

According to a preliminary report, police responded to 445 N. Mock Ave. in Fayetteville at 1:48 a.m. on November 7 following a burglary report from a woman who informed the police that she discovered an unfamiliar man asleep in her bed upon returning home. The woman, who remains unidentified, indicated to the police that she believed the front door had been left unlocked.

Police officers were granted permission to enter the home, where Tyson was discovered asleep in a back bedroom on the first floor. Tyson's clothing was found on the bedroom floor, and the officer identified him from his Arkansas driver's license. According to the report, Tyson just sat up and did not verbally respond when an officer tried to wake him up; instead, he laid back down and attempted to return to sleep. The officer also noted an odor of alcohol emanating from Tyson and observed that his movements were sluggish and uncoordinated. Tyson was immediately arrested and transported to the Washington County Detention Center, where he was later released after posting a $415 bond.

Tyson Foods' headquarters is in Springdale, Arkansas. John R. Tyson was appointed chief financial officer in September.

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