Tyson Foods EVP & CTO Scott Spradley departs; IT team assumes duties

TYSON FOODS, INC.

Scott Spradley left the role of EVP, Chief Technology and Automation Officer on Jan 9, 2023.
Responsibilities to be absorbed by existing members of the Information Technology team.
Spradley eligible for severance: $1.4M (2x base salary paid over 24 months), plus $211,538 prorated bonus.
Accelerated vesting of equity valued at ~$1.717M (restricted stock, stock options, performance awards).
Separation agreement includes release of claims and reaffirmation of restrictive covenants.

item 5.02

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Departed

Scott Spradley

Executive Vice President, Chief Technology and Automation Officer

TSN · TYSON FOODS, INC.

Effective: 2023-01-09
Filed: January 9, 2023, 6:59 PM ET

On January 9, 2023, Scott Spradley departed from the role of Executive Vice President, Chief Technology and Automation Officer of Tyson Foods, Inc. (the “Company”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Scott Spradley departed as Executive Vice President, Chief Technology and Automation Officer at TYSON FOODS, INC..

Action: departed
Role: Executive Vice President, Chief Technology and Automation Officer

Exact text from the filing

On January 9, 2023, Scott Spradley departed from the role of Executive Vice President, Chief Technology and Automation Officer of Tyson Foods, Inc. (the “Company”).

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TYSON FOODS, INC. filing history →

Source: SEC EDGAR

accession 0000100493-23-000007

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