Dive Brief:
- John R. Tyson, CFO of Tyson Foods and great-grandson of the company’s founder, pleaded guilty to charges of criminal trespassing and public intoxication,The Wall Street Journal reported.
- The charges against the finance chief stem from his November arrest after an Arkansas woman, according to a police report, found him, an “unknown and unwelcome male,” sleeping in her bed.Body-cam footageof the arrest released by Fayetteville, Arkansas police on Nov. 21 show Tyson being informed he was not in his residence.
- 泰森’s guilty plea comes just a month after heoriginally pleaded not guiltyto the charges. At that time a trial on the matter was scheduled for Feb. 15, according to the Fayetteville District Court.
Dive Insight:
The finance chief agreed to pay $440 total on Tuesday — $150 for each of the charges and fees, according to the Wall Street Journal.
The Fayetteville, Arkansas prosecutor’s office and the company did not immediately respond to requests for comment.
泰森— who was arrested by local police on Nov. 6 — has been making headlines since his appointment to the CFO seat back in October.
Even before his arrest, someexperts expressed concernover the potential for conflicts of interest raised by his family ties. In addition to being an heir to the Tyson fortune, he is also the son of the company chairman. Additionally, Tyson — born in 1988 — is far younger than the average CFO in the U.S.
但经过这两个特点separate reviews of the incident, the meat processing giant’s boardcontinued to back Tyson, saying it had “continued confidence in his ability to lead Tyson Foods as CFO,” CFO Dive previously reported.
Ona November earnings call泰森apologized to investors, saying he was “embarrassed,” and that he took “full responsibility,” for his actions.
泰森Foods is scheduled to report its first quarter earnings on Feb. 6.
