Tyson chief surprises with exit amid concerns over chicken pricing
Thu, Nov 24, 2016 - 5:50 AM
Mr Smith (above) is stepping down on Dec 31 and will be succeeded by president Mr Hayes.
Tyson, the largest US chicken producer, is among companies named as defendants in a series of lawsuits filed since September.
THE planned departure of Tyson Foods Inc's chief executive officer triggered the biggest selloff in the stock since the financial crisis as analysts questioned the timing amid mounting concern that US benchmark chicken prices may have been inflated.