Springdale-based Tyson Foods said Wednesday (June 2) that president and CEO Dean Banks has resigned from the company and board for personal reasons. Donnie King, the company’s chief operating officer, has been named as his successor, effective immediately.
“The board and I know that Donnie has a deep understanding of our business, values and culture and the solid leadership skills needed to continue to implement our strategy and deliver strong results,” John H. Tyson, chairman of the board, said in a company news release. “We want to express our appreciation to Dean for his contributions as a board member and executive.”
Banks joined the company as president in 2017 and added the CEO title in October 2020.
TYSON FOODS