A new chief executive officer has been named at Tyson Foods.
The Springdale-headquartered meat processor announced Noel White as the company’s new CEO. Tyson Foods also announced that CEO Tom Hayes is leaving the company.
Hayes, who has served as CEO of Tyson Foods since 2016, is reportedly leaving the company for personal reasons. He will leave the company at the end of the month.
Prior to joining Tyson, Hayes managed supply chains for Hillshire Brands. Tyson acquired Hillshire in 2014 in a $7.7 billion deal.
White joined Tyson in 2001 following the company’s acquisition of IBP, a South Dakota-based beef and pork supplier which was the national largest beef packer. He has served in multiple executive roles, including president of Tyson’s poultry business from 2013 to 2017 and president of the beef, pork and international operations.
In a press release, John Tyson, chairman of the board of directors, praised White, citing his knowledge and track record at Tyson Foods as the reasons for his selection as CEO.
“Noel is a proven leader who has played an integral role in our enterprise leadership team for many years. He has run our beef, pork, and poultry businesses and is now helping Tyson Foods capitalize on international opportunities,” Tyson said. “His deep institutional knowledge and a stellar track record over his more than 30-year career at Tyson Foods and a predecessor company give the board the utmost confidence in his ability to drive the business forward, accelerate global growth and create long-term value for shareholders.”
White will assume the role of CEO on Sept. 30 and will join the Tyson Foods board of directors.
(Photos courtesy of Tyson Foods)