Wes Morris was named Chief Operating Officer of Tyson Foods, Inc., succeeding Devin Cole, effective June 15, 2026. As of November 6, 2026, Tyson Foods, Inc. has reported 5 leadership change filings to the SEC under Item 5.02 of Form 8-K, from April 2, 2026 to June 18, 2026, naming 2 appointments and 2 departures (Form 8-K, June 8, 2026).
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Key facts
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-06-18
- · In / out: Reported · Person: not named in the filing · 8-K/A, 2026-06-17
- · In / out: In · Person: Wes Morris · Role: Chief Operating Officer · Effective: 2026-06-15 · 8-K, 2026-06-08
- · In / out: Out · Person: Donnie King · Role: Chief Executive Officer · Effective: 2026-10-04 · 8-K, 2026-05-28
- · In / out: In · Person: Phillip Thomas · Role: Chief Accounting Officer · Effective: 2026-04-06 · 8-K, 2026-04-02
Tyson Foods, Inc. reported changes in 5 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-04-02 to 2026-06-18. They name 4 people, with 2 appointments and 2 departures. Every row below is cited to the filing it comes from, and this page adds each new change as Tyson Foods, Inc. files it.
Also on the record for Tyson Foods, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| May 12, 2026 | Stake report, Schedule 13G, by STATE STREET CORPORATION | 5.1% of the class | 5%+ stakes | Source |
| April 30, 2026 | Stake report, Schedule 13G, by Vanguard Capital Management | 7.51% of the class | 5%+ stakes | Source |
| April 29, 2026 | Stake report, Schedule 13G, by Vanguard Portfolio Management | 5.49% of the class | 5%+ stakes | Source |
| March 27, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
| February 13, 2026 | Stake report, Schedule 13D/A, by TYSON LIMITED PARTNERSHIP | 99.99% of the class | 5%+ stakes | Source |
| January 29, 2026 | Stake report, Schedule 13G, by PZENA INVESTMENT MANAGEMENT LLC | 5.5% of the class | 5%+ stakes | Source |
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More on Tyson Foods, Inc. and the records around it.
Tyson Foods, Inc. elsewhere on the record
- 5%+ stake filings May 2026
- Who owns it
Companies that share a holder
- PZENA INVESTMENT MANAGEMENT LLC also filed stake reports on 37 other companies: ADVANCE AUTO PARTS INC (Oct 2026), Globant S.A. (Oct 2026), Koppers Holdings Inc. (Oct 2026)
- STATE STREET CORPORATION also filed stake reports on 343 other companies: TRADE DESK INC/THE (Oct 2026), CENTRUS ENERGY CORP (Sep 2026), ACADIA PHARMACEUTICALS INC (Aug 2026)
- Vanguard Portfolio Management also filed stake reports on 941 other companies: Newmark Group Inc (Nov 2026), A10 Networks Inc (Oct 2026), ADT Inc (Oct 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-06-18 | Reported | not named in the filing | 8-K, 2026-06-18 | ||
| 2026-06-17 | Reported | not named in the filing | 8-K/A, 2026-06-17 | ||
| 2026-06-08 | In | Chief Operating Officer | 2026-06-15 | 8-K, 2026-06-08 | |
| 2026-06-08 | Out | Chief Operating Officer | 8-K, 2026-06-08 | ||
| 2026-05-28 | Out | Chief Executive Officer | 2026-10-04 | 8-K, 2026-05-28 | |
| 2026-04-02 | In | Chief Accounting Officer | 2026-04-06 | 8-K, 2026-04-02 |
Who leads Tyson Foods, Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Chief Executive Officer: Donnie King, departure reported, effective 2026-10-04 (filed 2026-05-28). No successor is named in these filings.
- Chief Operating Officer: Wes Morris, appointed, effective 2026-06-15 (filed 2026-06-08).
- Chief Accounting Officer: Phillip Thomas, appointed, effective 2026-04-06 (filed 2026-04-02).
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Find candidates like Chief Operating Officer at Tyson Foods, Inc.Every change, in the filing's words
Reported
Unless otherwise terminated, the Employment Agreement shall renew automatically for successive three-year terms.
- On June 17, 2026, Tyson Foods, Inc. (the "Company") entered into the Third Amended and Restated Employment Agreement (the "Employment Agreement") with Mr. John H. Tyson, Chairman of the Board of Directors after independent directors from the Company's Board of Directors reviewed and approved the Employment Agreement.
- This agreement replaces Mr. Tyson's previous employment agreement dated November 9, 2017.
- Under the Employment Agreement, Mr. Tyson has committed to remain employed with the Company for an initial term ending September 30, 2029.
- During his continued employment with the Company, the Employment Agreement provides for an annual base salary of $3,500,000.
- Subject to the achievement of performance objectives established by the Compensation and Leadership Development Committee (the "CLDC") of the Board of Directors, as applicable, Mr. Tyson is also eligible to participate in (i) the Company's annual incentive programs, with an annual target equal to 300% of his annual base salary and (ii) the Company's long-term incentive plan with an annual target grant date target value of $6,000,000, with 50% of such award as performance stock units and 50% as restricted stock units.
Reported
Tyson Foods, Inc. (the "Company") previously announced in a Current Report on Form 8-K (the "Current Report") filed on June 8, 2026, that Wes Morris had been appointed Chief Operating Officer, effective June 15, 2026, and Devin Cole would step down from his role as Chief Operating Officer effective that same day.
- In connection with Mr. Cole stepping down from his role and his subsequent departure from the Company, the Company and Mr. Cole entered into a separation agreement on June 16, 2026, for the release of claims against the Company.
- Under that agreement, Mr. Cole will receive a lump sum cash payment of $10,578,900.
- He will forfeit all outstanding performance stock upon his departure and each of his existing time-based equity awards will be treated in accordance with the terms of the applicable award agreements.
- The lump sum cash payment is subject to Mr. Cole's release of claims against the Company and the reaffirmation of his commitment to comply with his existing restrictive covenants and confidentiality obligations.
Appointed: Wes Morris, Chief Operating Officer, effective 2026-06-15
On June 8, 2026, Tyson Foods, Inc. ("the Company") announced that it appointed Wes Morris as Chief Operating Officer ("COO"), effective June 15, 2026.
Departing: Devin Cole, Chief Operating Officer
Devin Cole, the Company's Chief Operating Officer, will step down from his role effective the same day.
- Mr. Morris, 60, was most recently the Company's Group President, Poultry from January 2023 to February 2025, and remained an employee of the Company until February 2026.
- Mr. Morris had also served as a consultant to the Company from October 2020 to January 2023.
- Mr. Morris was previously employed by the Company from 1999 until 2017, and has served in many leadership roles, including as President, Prepared Foods Operations.
- The Employment Agreement provides for, among other things, an annual base salary of $1,350,000, participation in the Company's annual performance incentive programs on terms and in amounts as determined by the Compensation and Leadership Development Committee ("CLDC") of the Board, eligibility for equity awards under the Company's equity incentive plans on terms and in amounts as determined by the CLDC, and participation in the Company's benefit plans.
- Mr. Morris's annual incentive target will be 160% of base salary and his annual long-term incentive target will be $5,900,000.
- In connection with Mr. Morris's appointment, the CLDC approved an initial grant on July 10, 2026 (the "Grant Date") of restricted stock units (the "Restricted Stock Unit Award") with a grant date fair value of $1,500,000.
- The Restricted Stock Unit Award vests in one-third tranches each year over three years after the Grant Date, subject to continued employment.
Departing: Donnie King, Chief Executive Officer, effective 2026-10-04
In connection with Mr. Schomburger's appointment as the Company's CEO, Donnie King will step down from the role of Chief Executive Officer, effective October 4, 2026 and is expected to remain with the Company and assist in the leadership transition.
- Appointment of New Chief Executive Officer On May 28, 2026, Tyson Foods, Inc. (the "Company") announced that Jeffrey K. Schomburger will be joining the Company as a senior executive, effective July 1, 2026, and will serve as the Company's Chief Executive Officer, effective October 4, 2026.
- Mr. Schomburger, 64, currently serves as a member of our Board of Directors (the "Board") since 2016 and as Lead Independent Director since November 2025.
- Mr. Schomburger most recently served as Global Sales Officer for The Procter & Gamble Company ("P&G") from 2015 to 2019.
- He previously held numerous leadership positions with P&G since joining the company in 1984, including President of P&G's global Walmart team from 2005 to 2015.
- The Employment Agreement provides for, among other things, an annual base salary of $1,600,000, participation in the Company's annual performance incentive programs on terms and in amounts as determined by the Compensation and Leadership Development Committee ("CLDC") of the Board, eligibility for equity awards under the Company's equity incentive plans on terms and in amounts as determined by the CLDC, and participation in the Company's benefit plans.
- Mr. Schomburger's annual incentive target will be 200% of base salary and his annual long-term incentive target will be $11,000,000.
Appointed: Phillip Thomas, Chief Accounting Officer, effective 2026-04-06
On April 2, 2026, Tyson Foods, Inc. (the "Company") announced that Phillip Thomas will be appointed Vice President, Controller and Chief Accounting Officer, effective April 6, 2026.
- In connection with Mr. Thomas' appointment, Lori Bondar, Senior Vice President and Chief Accounting Officer, will step down from her role as Chief Accounting Officer.
- She will remain with the Company as Senior Vice President to assist with the transition, and plans to retire from the Company prior to the end of this fiscal year.
- Mr. Thomas, 51, was most recently Vice President and Controller since December 2023.
- He previously served as the Company's Vice President, Controller and Chief Accounting Officer from July 2020 to December 2023, Vice President and Assistant Controller from March 2014 to July 2020, and Senior Director Financial Reporting from July 2008 to March 2014.
- As the Company's Vice President, Controller and Chief Accounting Officer, Mr. Thomas will receive an annual base salary of $360,574 and will continue to be eligible to participate in the Company's annual incentive plan, with a target annual incentive of 55% of his base salary.
- Additionally, he continues to be eligible to participate in the Company's long-term incentive program.
- His annual long-term incentive target award is $175,000, with the mix of such award being weighted at 75% restricted stock units and 25% performance stock.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.