Tyson Foods taps former P&G executive to succeed veteran King as CEO - BNN Bloomberg
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Heuristic (v1/v3)
0.00 · CENTER
ML v2 (DistilBERT)
0.249 · RIGHT
Ensemble
0.124 · CENTER
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Article Excerpt
Tyson Foods on Thursday named former Procter & Gamble executive Jeff Schomburger as its new CEO, set to replace Donnie King in the role from October. The shuffle at the top job comes as Tyson’s beef business loses money amid soaring costs for cattle and a persistent drought in the western U.S. that has burned up grazing lands, driving supplies to a 75-year low in 2026. Latest updates on company news here Schomburger, a member of the meatpacker’s board since 2016, had retired as the Global Sales Officer at P&G PG.N in 2019. Donnie King, who has been with the company for over four decades, took …
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May 29, 2026