Tyson’s CEO Signs Contract For $1.15 Million Base Salary

Tyson Foods veteran Noel White took over as CEO of the meat giant effective Sept. 30, after the abrupt resignation of Tom Hayes, who held that role for just under two years.

White signed a contract Oct. 4 amending his compensation and benefits in accordance with his new duties as CEO. The new contract was filed with the Securities and Exchange late Friday (Oct. 5).

White will earn a base salary of $1.15 million, slightly more than Hayes earned according to the most recent Proxy filing. Hayes earned a base salary last year of $1.105 million, with perks and performance bonuses taking his total compensation up to $8.9 million.    MORE

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