Tyson Foods’ New CFO Demonstrates How to Fail Up
1 min readPhoto: The Tyson Foods Berry Street Plant that’s located in Springdale, AR. Photo credit: UCS. Article by Karen Perry Stillerman. Union of Concerned Scientists – November 17, 2022.
In a remarkable display of nepotism, meat and poultry giant and “family business” Tyson Foods recently promoted the 32-year-old son of its chairman to the position of chief financial officer (CFO), making him the youngest CFO of a Fortune 500 company. It’s a job that commands a seven-figure salary-and-bonus package and puts the inexperienced young scion in charge of the meat conglomerate’s finances. And it comes on the heels of a decidedly less-than-stellar track record in his previous job at Tyson. […]