Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
SPRINGDALE, Ark. - Tyson Foods, Inc. (NYSE:TSN), a $20 billion market cap company and prominent player in the Food Products industry according to InvestingPro, has appointed Sarah Bond, President of Xbox, as a new independent director on its board, effective immediately, according to a company press release.
Bond currently leads Microsoft’s Xbox organization, overseeing hardware, software and services as part of the company’s $23 billion global gaming business. Her responsibilities include strategy, product and engineering, marketing, and commercial operations. The appointment comes as Tyson Foods maintains strong financial metrics, with annual revenue reaching $54.15 billion and a Fair Value assessment indicating potential upside, based on InvestingPro analysis.
Before joining Microsoft in 2017 as a Corporate Vice President, Bond held leadership positions at T-Mobile and McKinsey & Company. She holds a Bachelor of Arts in Economics from Yale University and an MBA from Harvard Business School.
"As our management team, members of the board and the Tyson family got to know Sarah, we immediately felt that she would be a tremendous addition to Tyson Foods," said Chairman John H. Tyson in the statement.
Bond also serves on the board of the University of Southern California School of Cinematic Arts and is Vice Chair of the board of the Entertainment Software Association.
With Bond’s appointment, Tyson Foods’ board now consists of 16 directors, including 10 independent members.
Tyson Foods, founded in 1935, is a major protein producer with brands including Tyson, Jimmy Dean, Hillshire Farm, and Ball Park. The company employs approximately 138,000 people as of September 2024 and has maintained dividend payments for 51 consecutive years, demonstrating long-term financial stability. Discover more comprehensive insights about Tyson Foods in the detailed Pro Research Report, available exclusively on InvestingPro.
In other recent news, Tyson Foods reported stronger-than-expected earnings for the third quarter of 2025. The company achieved an adjusted earnings per share of $0.91, surpassing the analyst forecast of $0.81. Additionally, Tyson Foods’ revenue exceeded expectations, reaching $13.88 billion compared to the anticipated $13.54 billion. This quarter marks the fifth consecutive period of year-over-year growth in sales, operating income, and earnings per share for the company. Bernstein SocGen Group lowered its price target for Tyson Foods to $58.00, citing challenges in the cattle cycle and beef profitability, though they noted the company delivered a solid quarter with better-than-expected profits in the chicken segment. Piper Sandler maintained a Neutral rating and a $58.00 price target on the stock, highlighting the stronger-than-anticipated operating margins in the chicken segment. Furthermore, Tyson Foods announced a quarterly dividend of $0.50 per share on Class A common stock and $0.45 per share on Class B common stock. The company also expanded its share repurchase program, authorizing an additional 43 million shares for repurchase, bringing the total authorized to approximately 50 million shares.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.