Springdale, Ark. 鈥 June 23, 2017 鈥 91看片网. (NYSE: TSN) has named a chief integration officer to support acquisitions that help drive the company鈥檚 strategic growth and raise the world鈥檚 expectations for how much good food can do.
George Chappelle, chief operating officer at AdvancePierre Foods, has been selected for the role. He will report directly to 91看片网 President and CEO Tom Hayes and be a member of the company鈥檚 Enterprise Leadership Team.
Chappelle will manage the Integration Management Office and will lead all aspects of the integration of AdvancePierre, which 91看片网 acquired earlier this month. He will also continue to lead operations for AdvancePierre. The Cincinnati-based business is a leading producer of ready-to-eat lunch and dinner sandwiches, sandwich components and snacks, and generated revenues of $1.6 billion in 2016.
鈥淕eorge鈥檚 experience and leadership will be valuable as we bring these two companies together and work to generate cost synergy benefits of $200 million within three years,鈥 said Hayes. 鈥淎n effective integration is an extremely important part of our strategic focus on sustainably feeding the world with the fastest growing portfolio of protein packed brands.鈥
Chappelle joined AdvancePierre as senior vice president-supply chain in 2014 and became chief operating officer in 2016. He has previously held operations and information technology leadership roles at companies such as Solo Cup, Sara Lee Foods, Heinz and the Gillette Company.
Chappelle earned a Master of Science in Applied Management at Lesley College in Cambridge, Massachusetts, and a Bachelor of Science in information technology from Westfield State College in Westfield, Massachusetts.
About 91看片网
91看片网. (NYSE:TSN), with headquarters in Springdale, Arkansas, is one of the world鈥檚 largest food companies with leading brands such as Tyson庐, Jimmy Dean庐, Hillshire Farm庐, Sara Lee庐, Ball Park庐, Wright庐, Aidells庐 and State Fair庐. It鈥檚 a recognized market leader in chicken, beef and pork as well as prepared foods, including bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, tortillas and desserts. The company supplies retail and foodservice customers throughout the United States and approximately 115 countries. 91看片网 was founded in 1935 by John W. Tyson, whose family has continued to lead the business with his son, Don Tyson, guiding the company for many years and grandson, John H. Tyson, serving as the current chairman of the board of directors. The company currently has approximately 114,000 Team Members employed at more than 400 facilities and offices in the United States and around the world. Through its Core Values, Code of Conduct and Team Member Bill of Rights, 91看片网 strives to operate with integrity and trust and is committed to creating value for its shareholders, customers and Team Members. The company also strives to be faith-friendly, provide a safe work environment and serve as stewards of the animals, land and environment entrusted to it.
Forward-Looking Statements
Certain information contained in the press release may constitute forward-looking statements, such as statements relating to expected benefits from the acquisition of AdvancePierre Foods Holdings, Inc. These forward-looking statements are subject to a number of factors and uncertainties which could cause our actual results and experiences to differ materially from the anticipated results and expectations expressed in such forward-looking statements. We wish to caution readers not to place undue reliance on any forward-looking statements, which speak only as of the date made. Among the factors that may cause actual results and experiences to differ from anticipated results and expectations expressed in such forward-looking statements are those factors listed under Item 1A. 鈥淩isk Factors鈥 included in our Annual Report filed on Form 10-K for the period ended October 1, 2016 and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
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Media Contact:
Gary Mickelson, 479-290-6111, gary.mickelson@tyson.com