Tyson Foods has installed the son of its chairman, a scion of the Tyson family, as CFO, as part of an ongoing c-suite shakeup.
John R. Tyson, 32, will take the finance post from Stuart Glendinning effective Oct. 2. Glendinning will become group president of prepared foods, replacing Noelle O’Mara, who has left the company.
Tyson has worked in investment banking, including a stint at JPMorgan Chase. He earned an MBA from Stanford in 2018.
In addition, Tyson Foods named Amy Tu, its chief legal officer, to be head of its international business. She will replace Chris Langholz, who was fired last month.
According to sources quoted by the Wall Street Journal, John Tyson is being groomed for the chairman and CEO roles held by his father and grandfather before him, but would prefer the role of chairman over CEO. The Tyson family controls 71% of the company’s voting stock even though its share of the business amounts to a minority stake, according to the Journal.