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Tyson Foods announces executive changes following Keystone acquisition

TAGS: Business
Changes will help company take advantage of biggest growth opportunities, value-added foods and international markets.

As part of the integration of recently acquired Keystone Foods and the company’s global growth efforts, Tyson Foods Inc. announced this week changes to the enterprise leadership team that reports directly to president and chief executive officer Noel White, effective Jan. 28, 2019.

Chad Martin, who has served as senior vice president and general manager-Beef Enterprise for Tyson Fresh Meats, is being promoted to group president of Poultry. Martin joined IBP Inc., which later became Tyson Fresh Meats, in 1996. He has since has held a number of management positions in the U.S. and Canada, previously serving as vice president of strategy and margin enhancement for the company’s Beef business. 

Donnie King, who previously worked as president of Tyson's North American operations, is returning to lead the company’s International business as group president of international. King will be responsible for the overall international growth strategy, global business models and overseas operations. King joined Tyson in 1982 and held roles of increasing responsibility until he left the company in 2017. During his tenure, King served as president of Prepared Foods and senior group vice president of Poultry and Prepared Foods.

Doug Ramsey, who has served as group president of Poultry since 2017, will assume the newly created role of president of Global McDonald’s Business, leading the relationship with a key Tyson customer. Ramsey joined Tyson in 1992 and has served as president of Poultry Operations and was senior vice president of Big Bird & Fowl, value added.

“This refinement of our team will help us to take advantage of our biggest growth opportunities, which are value-added foods and international markets,” White said. “I look forward to working with this team to deliver results for our customers, consumers, investors and team members.”

The company also announced that Frank Ravndal, former president and CEO of Keystone Foods, will be leaving to pursue other opportunities. He will remain on through March to assist with the integration process.

Through the Keystone acquisition, Tyson now has eight plants and three innovation centers in China, South Korea, Malaysia, Thailand and Australia that, in addition to the three plants the company already operated in China, will help meet growing international demand for protein.

“We’re very optimistic about the opportunities in the global market. It’s estimated 90% of the global growth in protein demand will be outside of the U.S. and 60% of the total demand will be in Asia,” White said. “Donnie’s previous experience growing both our domestic and international businesses position him to lead all aspects of our international efforts and deliver continuous top- and bottom-line growth.”

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