Tyson Foods has confirmed the appointment of Curt Calaway as its new chief financial officer (CFO), effective immediately. Calaway succeeds John R Tyson, who remains with the company but is currently on health-related leave.

Calaway, who has been with the Arkansas-based protein giant since 2006, most recently served as interim CFO, a position he assumed following John Tyson’s suspension in June 2024.

Bringing nearly three decades of experience across finance, audit and accounting, Calaway will continue to report directly to Donnie King, president and CEO of Tyson Foods.

Prior to his interim role, Calaway served as CFO of Tyson’s Prepared Foods division, where he oversaw financial operations and led the company’s mergers and acquisitions (M&A) strategy and corporate development. He has also held senior leadership positions including senior vice president of finance and treasurer, chief accounting officer, corporate controller, and VP of audit and compliance.

King commented:

“Curt is a proven leader with deep industry knowledge and a wealth of experience in financial strategy and reporting. I am confident Curt will continue to help drive operational excellence and deliver value for our shareholders.”

Calaway’s appointment comes amid ongoing leadership transitions at Tyson Foods, which continues to focus on streamlining operations across its beef, pork, chicken and prepared foods segments, following recent restructuring efforts to improve profitability and supply chain efficiency.