Tyson Foods is replacing its CEO with a former Procter & Gamble executive from its own board

Jeff Schomburger, who has served on the Tyson board since 2016, will take over as president and CEO on Oct. 4

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Tyson Foods named Jeff Schomburger as its next president and CEO on Thursday, tapping a board member and former Procter & Gamble $PG executive to succeed Donnie King, who has spent more than four decades at the company.

Oct. 4, 2026 will mark Schomburger's first day in the role, with a handoff period starting in July leading up to that date, the company said. Once he exits the CEO role, King is expected to retain his........

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