secwatch.observer — SEC 8-K summary
======================================

Issuer:     TYSON FOODS, INC. (TSN)
CIK:        0000100493
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0000100493-23-000131
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Tyson Foods appoints Lori Bondar as SVP and CAO; Thomas steps down
------------------------------------------------------------------

- Appointed Lori Bondar (age 62) as SVP and Chief Accounting Officer effective Dec 4, 2023; previously VP, Controller, CAO and Treasurer at Avery Dennison.
- Phillip Thomas steps down as CAO but remains VP and Controller, focusing on reporting requirements and corporate transformation.
- Compensation includes $500k salary, 70% target incentive, $100k sign-on (repayable in 2 years), $600k savings plan contribution, $1.4M RSU award vesting over 3 years, and $300k annual LTI target.
- Eligible for $12,000 annual Executive Rewards Allowance and relocation benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100493/000010049323000131/0000100493-23-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100493/000010049323000131/tsn-20231204.htm
  HTML page:      https://secwatch.observer/filing/0000100493-23-000131

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer