SPRINGDALE, ARK. — Tyson Foods Inc. announced the appointment of two new members to the board of directors, effective May 8.

Olivia Tyson will serve on the Compensation and Leadership Development and Technology Committees, and John Randal Tyson will serve on the Strategy and Acquisitions and Technology Committees.

The two new directors represent the fourth generation of the Tyson family sitting on the board of the company founded by their great-grandfather, John W. Tyson. Both of them have been involved in the company for several years.

Since 2018, Olivia Tyson has served as president of the Tyson Family Foundation. Under her leadership, the foundation has made significant investments in the local community of Northwest Arkansas, including improving food security, arts education and entrepreneurship pipelines in disadvantaged communities.

Additionally, Olivia serves on the Creative Arkansas Cultural Hub and Exchange board of directors and The Momentary Council. She is a co-founder of Tricky Knot, an entertainment development and financing company based in New York. The company has invested in and supported films that have appeared at the Tribeca Film Festival, Cannes Film Festival and South by Southwest.

As a member of the board, Olivia will receive compensation in accordance with Tyson Foods’ current director compensation policy, according to a filing with the US Securities and Exchange Commission (SEC) on May 8.

John Randal Tyson is an executive, investor and non-profit board member who brings several years of direct industry experience to the board. He previously served in multiple executive roles at the company, including chief financial officer and chief strategy officer. Most recently, he served as senior vice president of the company, with an annual base salary of $200,000, according to the SEC filing. His compensation will be prorated for his time served in the role, and he will be awarded restricted stock units valued at $190,000 as of Feb. 7, 2025. The filing stated John R. remains an employee of Tyson Foods but did not elaborate with additional details.

Prior to his tenure as a Tyson Foods executive, John R. worked in investment banking as a private equity and venture capital investor. He is a term member of the Council on Foreign Relations.

John R. earned a bachelor’s degree in economics from Harvard University and a Master of Business Administration from the Stanford Graduate School of Business.

“Barbara and I are proud to welcome Olivia and John Randal to the board,” said Chairman John H. Tyson, father of Olivia and John R. “With their leadership, I am confident that we will continue to uphold the values of generations of the Tyson family and serve as stewards of the company for the long-term benefit of our team members, our communities and our shareholders. We have an industry-leading management team and an exceptional group of outside independent directors with the skillsets and experiences to sustain Tyson’s future success. I am confident about our strategy and excited to step into a new chapter of working with the fourth generation of Tyson family members to help oversee the business.”

With these two appointments, Tyson Foods has increased the size of its board to 15 directors.