According to a recent article from Arkansas Business, Tyson Foods Chief Technology Officer Scott Spradley had left the company after five years, the company said in a filing with the US Securities & Exchange Commission on Monday.
No reason was given for Spradley’s departure nor was there any comment from Tyson Foods included with the filing. Tyson Foods said it believes it will have a “separation agreement” with Spradley that will provide him with US$1.4 million in severance pay over the next years along with other benefits that could total more than US$1.9 million.
According to a proxy statement filed with the SEC in December, Spradley earned slightly more than US$4 million in total compensation in 2022, including a base salary of US$696,000, stock awards of US$1.6 million and US$1.1 million in executive incentives.
