Tyson Foods Adds Two Directors, Discloses Officer Compensation
Ticker: TSN · Form: 8-K · Filed: Aug 29, 2024 · CIK: 100493
| Field | Detail |
|---|---|
| Company | Tyson Foods, Inc. (TSN) |
| Form Type | 8-K |
| Filed Date | Aug 29, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $675,000, $300,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, governance, officer-compensation
Related Tickers: TSN
TL;DR
Tyson Foods adds 2 new directors, board shakeup incoming?
AI Summary
Tyson Foods, Inc. announced on August 29, 2024, the election of two new directors, Jonathan D. Landers and W. Scott D. Smith, to its Board of Directors, effective immediately. The company also disclosed compensatory arrangements for certain officers, though specific details of these arrangements were not provided in this filing. The filing also included financial statements and exhibits.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while details on officer compensation are closely watched by investors for alignment with performance.
Risk Assessment
Risk Level: low — This filing primarily concerns board appointments and routine disclosures, with no immediate financial or operational risks indicated.
Key Players & Entities
- Tyson Foods, Inc. (company) — Registrant
- Jonathan D. Landers (person) — Newly elected director
- W. Scott D. Smith (person) — Newly elected director
- August 29, 2024 (date) — Date of report and earliest event
FAQ
Who are the newly elected directors to Tyson Foods' Board?
Jonathan D. Landers and W. Scott D. Smith were elected as new directors to Tyson Foods' Board.
When were the new directors elected?
The new directors were elected effective August 29, 2024.
What other information is disclosed in this 8-K filing?
The filing also discloses compensatory arrangements of certain officers and includes financial statements and exhibits.
What is the principal executive office address for Tyson Foods?
The principal executive offices are located at 2200 West Don Tyson Parkway, Springdale, Arkansas 72762-6999.
What is Tyson Foods' telephone number?
Tyson Foods' telephone number is (479) 290-4000.
Filing Stats: 802 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2024-08-29 17:02:38
Key Financial Figures
- $675,000 — sed Mr. Calaway's annual base salary to $675,000 and increased his target annual incenti
- $300,000 — get annual long-term incentive award is $300,000. There are no arrangements or underst
Filing Documents
- tsn-20240829.htm (8-K) — 31KB
- exhibit991-cfopressrelease.htm (EX-99.1) — 5KB
- image_0a.jpg (GRAPHIC) — 20KB
- 0000100493-24-000106.txt ( ) — 192KB
- tsn-20240829.xsd (EX-101.SCH) — 2KB
- tsn-20240829_lab.xml (EX-101.LAB) — 22KB
- tsn-20240829_pre.xml (EX-101.PRE) — 13KB
- tsn-20240829_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure A copy of the press release announcing Mr. Calaway's appointment is furnished as Exhibit 99.1. The information in the preceding paragraph, as well as Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. This information may only be incorporated by reference into another filing under the Exchange Act or the Securities Act, if such subsequent filing specifically references this Current Report on Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 99.1 Press Release, dated August 29, 2024 104 Cover Page Interactive Data File formatted in iXBRL. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TYSON FOODS, INC. Date: August 29, 2024 By: /s/ Adam S. Deckinger Name: Adam S. Deckinger Title: General Counsel and Secretary 3