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Dive brief:
- Tyson Foods said his supply chain has remained to violate the company’s behavior code, the second time a senior chief executive has been out of the meat giant for more than a year due to misconduct.
- Brady Stewart, chief supply chain manager, violated the company’s internal rules after assigning Tyson “specific measures” by the executive. Stewart was also upgraded to manage Tyson’s ready -made food business in February.
- In addition to Stuart’s departure, Tyson announced that former Poultry and International President Devin Cole will be the CEO and oversee the prepared food sector. The supply chain functions are reported directly to the CEO of Donney King.
Dive insight:
Shakeup Tyson’s executive almost a year after John R. Tyson, the chief financial officer and grandchildren of the founder of the company, was fired after being arrested for driving.
Two months after the incident, the meat giant replaced Tyson’s heir to Curt Calawaway. On Tuesday, the company announced that more leadership changes will be announced later this month, pointing out that Cole’s appointment reflects “its commitment to planning strong succession and operational excellence”.
“When we go to our new fiscal year, we are intense, and we are still committed to implementing our long -term strategy and managing the company by guiding our culture and original values,” King said in a statement. “I am confident that under the leadership of Davin, our business will continue to flourish.”
Cole was upgraded in February to replace the Poultry President of the Poultry Group of Wes Morris, which will retire next year. The company’s profitable poultry trade increased the sales of 4 % in the third quarter, and more consumers became protein because of their reasonable price.
Stuart’s departure partly struggles Tyson’s plans for the new organizational structure. The company in February, along with Cole, meant part of the succession planning process that the company said at the time that the couple’s leadership was “to help strengthen our foundation, build our brands and global growth”.
As the head of the supply chain, Stuart monitoring the integration of Tyson production and production operations, regulating cold storage capabilities and production in the face of cattle shortage.
Tyson is the latest food company to deal with the misconduct by a senior manager. Nestlé fired his CEO on Monday for an unknown love affair with a direct subordinate, while the chief of the owner of Jim Bio Suntory left after police investigations into potentially illegal supplements.