Tyson Foods Chairman And CEO Earned More In 2017, Other Execs Earn Less

Tyson Foods had a record year of profits, while the stars were mostly aligned for most protein manufacturers last year. Tom Hayes, who was named president of the company in June 2016, added the title of CEO on Jan. 1 this year, following the retirement of Donnie Smith. Hayes was also added to the company’s board of directors in November 2016.

Hayes earned total compensation of $8.905 million in fiscal 2017, ended Sept. 30, an increase of 90% over his earnings the prior year when he served as second in command for the meat giant. To put Hayes’ salary in perspective with his predecessor,  total 2017 compensation was below the $11.471 million Smith earned in fiscal 2016, according to the filing made with the U.S. Securities and Exchange Commission early Wednesday (Dec. 20).   MORE

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