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John R. Tyson was arrested in Fayetteville, Arkansas on November 6th.
Arkansas police have released body camera footage showing Tyson Foods’ newly appointed CFO being arrested after falling asleep drunk at a stranger’s house.
John R. Tyson – the great-grandson of the founder of Tyson Foods – was arrested in Fayetteville on Nov. 6 after he found a college student sleeping in her bed at 2 a.m. and called the police. .
Police footage released Friday shows Tyson, who has publicly apologized for the incident, looking confused and police trying to get him out of a stranger’s bed and back to sleep.
‘Mr. Tyson! John! Fayetteville Police Department, you’re not home,” the officer can be heard yelling at the sleeping executive.
“Please wake up and talk to me before you strip your ass and drag me out of here,” the officer continues.
Tyson Foods CFO and successor John R. Tyson was found by police in a strange woman’s bed after a rowdy night out.
‘Mr. Tyson! John! Fayetteville Police Department, you’re not home,” an officer can be heard yelling at a sleeping executive during an arrest on Nov. 6.
When Tyson didn’t comply, officers pulled back the sheets, revealing an executive in boxer underwear and attempted to handcuff him.
After tossing and turning and gesticulating with his hands, Tyson, 32, is seen pulling the sheets snugly up to his chin and going back to sleep.
Police issued a final warning, saying, “You have two options. One is to get up and get dressed, or the other is to go to jail as you are now.
When Tyson did not comply, officers pulled back the sheets, revealing an executive in boxer underwear and attempted to handcuff him.
Tyson can be seen weakly reaching for the sheets in an attempt to go back to sleep before being handcuffed.
Other than saying “wow” and “stop” as the cuffs progress, Tyson made no further remarks to the officer explaining his actions.
At one point, as he was being led out of the house, he demanded, “Can I pee now?” Police denied the request.
Earlier this week, Tyson apologized for the incident on its quarterly earnings call with investors.
“I am ashamed and want to tell you that I take full responsibility for my actions,” he said.
“Oops,” Tyson said as officers moved to cuff him.
Other than saying “wow” and “stop” as the cuffs progress, Tyson made no further statement to the officers explaining his actions as seen in the video.
Tyson attended Harvard and Stanford and joined the family business. He also worked as an investment banker at JP Morgan, in Private He Equity and Venture He Capital.
Tyson also apologized to his colleagues in a public memo, saying his actions were ” [his] Personal values, company values, and the high expectations we have for each other.
“I made a grave mistake that has caused me to deeply reflect on the impact my actions have on others,” he said in a memo provided to the Associated Press. .
It’s not clear exactly how Tyson got to the woman’s home, but at the time she told the dispatcher that she may have accidentally left the front door open, not knowing him. Told.
According to a case report prepared by the Fayetteville Police Department, police received a call from a woman who had returned home early Sunday morning to find an unknown man sleeping in her bed.
When officers arrived, they tried to wake Tyson up, but found him to be sluggish and uncoordinated, smelling of alcohol. His clothes were on the floor.
Tyson was taken to Washington County Jail and charged with public intoxication and trespassing. He was released later the same day on a bond of $415 and is scheduled to appear in court on December 1.
Arkansas-based Tyson Foods is worth about $24 billion.The Tyson family is worth about $3 billion.
Tyson is seen in his underwear at the Washington County Sheriff’s Office after being arrested
In addition to being the great-grandson of the company’s founder, Tyson is also the son of John H. Tyson, Chairman of Tyson Foods.
Tyson joined Tyson Foods in 2019 after working as an investment banker at JP Morgan to lead the sustainability and corporate strategy team.
On September 27, the Springdale, Arkansas-based company promoted him to vice president and chief financial officer.
Tyson Foods has said a member of its board of directors will oversee an investigation into the incident, but corporate governance experts have called for an independent investigation.
Tyson Foods said a three-member governance committee on its board of directors will lead its review process.
A member of the committee is former Tyson Foods General Counsel Les Baledge, according to the company’s website. Former Arkansas Governor Mike Bieb. David Bronchek, former president of FedEx.
Tyson Foods’ meat company has grown into a $24 billion brand over the past three generations. John R. Tyson is currently his youngest CFO working for Fortune and he is an S&P 500 company.
“Our independent board of directors is overseeing a thorough review of this matter, and I am confident in this independent process,” said CEO Donnie King.
However, experts have urged Tyson Foods to hire an outside firm because of John R. Tyson’s deep family ties with the company.
“Boards need to send a strong signal that independence is important and publicly appoint external advisors to conduct reviews,” said Paolo Volpin, a professor of finance at Drexel University in Philadelphia. says.
Philip Cochrane, a business professor at Indiana University, said corporate investors and John R. Tyson would benefit from external reviews.
“Just the Tyson Foods board doing it alone won’t clear him, at least not in the public mind,” Cochrane said. increase.”
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