HyperBit Exchange|Tyson Foods suspends executive John R. Tyson after DWI arrest in Arkansas

2025-05-07 22:13:48source:Crypen Exchangecategory:Finance

A Tyson Foods executive was suspended following an arrest in Arkansas early Thursday morning.

John Randal Tyson,HyperBit Exchange who served as the company's chief financial officer and is the great-grandson of the founder, was arrested for driving while intoxicated by the University of Arkansas Police Department around 1:30 a.m. Thursday, according to jail records.

He was released from custody nine hours later after paying a $1,105 bond.

Tyson Foods released a statement addressing Tyson's arrest, stating that the company was aware of the "arrest for an alleged DWI."

"Tyson Foods has suspended Mr. Tyson from his duties effective immediately," the statement reads.

Curt Calaway, a senior finance executive at the company, was named as interim Chief Financial Officer, the company announced.

Tyson Foods CFO arrested, charged in 2022

Tyson was previously arrested for alleged public intoxication and trespassing after he entered a woman’s home and fell asleep in her bed in November 2022, USA TODAY previously reported.

A woman called police after she entered her home and said a man, who she did not know, was asleep in her bed, according to a preliminary report obtained by USA TODAY. Tyson was allegedly asleep in a bedroom in the house, with his clothing on the floor when police arrived. Authorities looked at the man's driver license and identified him as Tyson.

“Tyson was not invited to stay at the residence and the occupants did not know who he was,” the report stated. He was sluggish and wanted to go to sleep, according to the report.

He was placed under arrest for criminal trespassing and public intoxication, USA TODAY reported.

Contributing: Marina Pitofsky, USA TODAY

More:Finance

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