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AI brief of an SEC Form 8-K · Tyson Foods (TSN)

Tyson Foods names director Jeff Schomburger as CEO, effective October 4, 2026

Neutral Impact 4 of 5 leadership Written later

Tyson Foods said director Jeff Schomburger will succeed Donnie King as President and Chief Executive Officer on October 4, 2026, after joining the company as a senior executive on July 1, 2026. King will step down as CEO but remain on the Board, and the company reaffirmed its fiscal 2026 total company guidance. The filing gives no earnings results, so the change is a leadership transition whose effect on shareholders will depend on how the company performs under new leadership.

Key points

  • Schomburger's employment agreement provides a $1,600,000 annual base salary, a 200% annual incentive target and an $11,000,000 annual long-term incentive target.
  • His initial restricted stock unit award has a grant date fair value of $2,800,000 and vests in one-third tranches each year over three years.
  • Severance on termination without cause or for good reason is two years' base salary plus two years' target cash bonus, plus up to 18 months of medical coverage.
  • The company reaffirmed its previously issued total company guidance for fiscal 2026.

The filing

CompanyTyson Foods (TSN)
Form8-K, current report
Filed with the SECMay 28, 2026, 8:04 AM ET
Accession number0000100493-26-000026

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.