On May 28, 2026, Tyson Foods, Inc. announced that Jeffrey K. Schomburger will be joining the Company as a senior executive, effective July 1, 2026, and will serve as the Company?s president, effective October 4, 2026. Mr. Schomburger, 64, currently serves as a member of our Board of Directors (the ?Board?) since 2016 and as Lead Independent Director since November 2025. Schomburger brings deep customer and consumer brand experience to the role, having held multiple senior leadership positions throughout his 35-year tenure at Procter & Gamble, retiring as its Global Sales Officer from 2015 to 2019.
He previously held numerous leadership positions with P&G since joining the company in 1984, including President of P&G?s global Walmart team from 2005 to 2015. During his decade on the Board of Directors, Schomburger has served on multiple committees, including Compensation, Audit and Strategy and Acquisitions, becoming Chair of Strategy and Acquisitions in 2021. He has served as Lead Independent Director on the Board since 2025, working closely with King, providing Board oversight and engaging directly with leaders across the Tyson Foods business.
Jeff Schomburger to Succeed Donnie King as President. In connection with Mr. Schomburger?s appointment as the Company?s CEO, Donnie King will step down from the role of President, effective October 4, 2026 and is expected to remain with the Company and assist in the leadership transition. It is expected that Mr. King will remain on the Board.
King will work closely with Schomburger to ensure a smooth leadership transition over the next several months. During his tenure as CEO, King successfully led the company through the COVID-19 pandemic, and improved execution across the business to substantially grow profit and strengthen the balance sheet. He meaningfully enhanced Tyson Foods?
strategic direction by accelerating innovation and driving significant efficiency, including bringing together all corporate staff at the company?s World Headquarters in Springdale, Arkansas.
