Tyson Foods Holds Annual Meeting
On February 10, 2022, Tyson Foods (NYSE: TSN) held its annual shareholder meeting, where a diverse board of directors was elected.
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Rhea-AI Summary
On February 10, 2022, Tyson Foods (NYSE: TSN) held its annual shareholder meeting, where a diverse board of directors was elected. Among the 13 directors, four are women and three are ethnically diverse. Chairman John H. Tyson was reelected, along with several other board members, including Donnie King, the company's CEO. Shareholders also ratified PricewaterhouseCoopers LLP as the independent accounting firm for the 2022 fiscal year and voted against a proposal to report on sustainable packaging efforts.
Positive
- Diverse board elected: 4 women and 3 ethnically diverse members.
- Donnie King, the CEO, was elected to the board.
Negative
- Shareholder proposal for sustainable packaging report was rejected.
Details
News Market Reaction – TSN
The recorded move for TSN in the trading session of this news was -0.85%.
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Shareholders Elect Slate of Diverse Directors
SPRINGDALE, Ark., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Tyson Foods (NYSE: TSN) held a virtual annual meeting of shareholders earlier today to address company business following its successful first quarter results.
Tyson shareholders elected a diverse board: As noted in the company’s most recent proxy statement, of the 13 directors, four are women, three are ethnically diverse and nine are independent. Chairman John H. Tyson was reelected to the board of directors, as were Les R. Baledge, Mike Beebe, Maria Claudia Borras, David J. Bronczek, Mikel A. Durham, Jonathan D. Mariner, Kevin M. McNamara, Cheryl S. Miller, Jeffrey K. Schomburger, Barbara A. Tyson and Noel White. Shareholders also elected Donnie King, president & CEO of Tyson Foods, to the board.
Shareholders also ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the company for the 2022 fiscal year. They also voted against a shareholder proposal requesting a report on the company’s sustainable packaging efforts.
About Tyson Foods, Inc.
Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under four generations of family leadership, the Company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp® and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the Company had approximately 137,000 team members on October 2, 2021. Through its Core Values, Tyson Foods 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 www.tysonfoods.com.
Contact: Gary Mickelson, 479-236-9022
Category: IR, NEWSROOM
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