Published on 14 Nov 2022 on Market Watch
‘Embarrassed’ Tyson Foods CFO apologizes to investors for arrest
Tyson Foods Inc. reported mixed fourth-quarter results Monday as chicken prices soared while beef slumped — but perhaps the most interesting part of the post-earnings conference call was Chief Financial Officer John Tyson’s comments about being arrested barely a month after starting the job.
“I’m embarrassed, and I want to let you know that I take full responsibility for my actions,” John Tyson said, according to a FactSet transcript. “I also want to apologize to our investors, as I have to our employees.”