AI English summary of an SEC filing — figures as filed
Tyson Foods said it appointed Curt Calaway, 50, as Chief Financial Officer on August 29, 2024. He has served as interim Chief Financial Officer since June 2024.
Key points
AI summaryTyson Foods said it appointed Curt Calaway, 50, as Chief Financial Officer on August 29, 2024. He has served as interim Chief Financial Officer since June 2024.
The company said it raised Calaway's annual base salary to $675,000 and his target annual incentive plan award to 110% of his base salary. Both changes are effective as of June 13, 2024, the date of his initial appointment as interim Chief Financial Officer.
The company said Calaway's current target annual long-term incentive award is $300,000. It also said there are no arrangements or understandings with any other persons under which he was selected as an officer, and that he has no family relationships with any of the company's directors or executive officers.
Calaway joined Tyson Foods in 2006, the company said, and has served as Chief Financial Officer for the Prepared Foods business segment and as Senior Vice President and Treasurer. According to the press release, he reports directly to Donnie King, President and Chief Executive Officer, and succeeds John R. Tyson.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Curt Calaway Named Chief Financial Officer
Tyson Foods said it appointed Curt Calaway, 50, as Chief Financial Officer on August 29, 2024. He has served as interim Chief Financial Officer since June 2024.
Source · Based on the filing body and exhibits
Base Salary $675,000 and Target Annual Incentive 110%
The company said it raised Calaway's annual base salary to $675,000 and his target annual incentive plan award to 110% of his base salary. Both changes are effective as of June 13, 2024, the date of his initial appointment as interim Chief Financial Officer.
Source · Based on the filing body and exhibits
Calaway's Current Target Annual Long-Term Incentive
The company said Calaway's current target annual long-term incentive award is $300,000. It also said there are no arrangements or understandings with any other persons under which he was selected as an officer, and that he has no family relationships with any of the company's directors or executive officers.
Source · Based on the filing body and exhibits
Calaway's Background and Reporting Line
Calaway joined Tyson Foods in 2006, the company said, and has served as Chief Financial Officer for the Prepared Foods business segment and as Senior Vice President and Treasurer. According to the press release, he reports directly to Donnie King, President and Chief Executive Officer, and succeeds John R. Tyson.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…