SPRINGDALE, Ark., Jan. 19, 2018 (GLOBE NEWSWIRE) --
Tyson Foods, Inc. (NYSE:TSN) was recognized today by Fortune magazine, for the second
consecutive year, as No. 1 on the World’s Most Admired Companies list in the Food Production category. The annual survey,
conducted by Fortune and the Hay Group division of Korn Ferry, is given to top executives, directors and financial
analysts, to identify the companies that have the strongest reputations within their industries and across all industries.
“We’re proud to be recognized once again as the World’s Most Admired Company in Food Production. This is a
tremendous accomplishment – and a testament to the great work our team is doing every day,” said Tom Hayes, president and CEO of
Tyson Foods. “2017 was a record year, and we will use that momentum to continue raising the world’s expectations for how much good
food can do.”
Tyson Foods developed a new company purpose in 2017 – to raise the world’s expectations for how much good food can do, and
refined its strategy. New members of the management team joined the company to help implement the strategy, including a new Chief
Sustainability Officer to advance efforts to produce food more sustainably and a new Chief Technology Officer to help the company
innovate through new technology. The company also announced a bold and renewed approach to sustainability focused on improving all
areas of the business.
Fortune’s World's Most Admired Companies list is the definitive report card on corporate reputations. Hay Group has
collaborated with Fortune annually since 1997 to identify, select and rank the World’s Most Admired Companies and uncover the business practices that make these companies
highly regarded among their peers. To compile the rankings, corporate reputation and performance are measured against nine key
attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial
soundness, long-term investment, quality of products and services, and global competitiveness. Tyson Foods has an industry ranking
of No. 1 for each of these key attributes of reputation.
The World’s Most Admired Companies list can be found on the Fortune website. For more information on how the rankings are determined, view the full methodology on
Korn Ferry’s website.
About Tyson Foods, Inc.
Tyson Foods, Inc. (NYSE:TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by
John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands
like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball
Park®, Wright®, Aidells®, ibp®
and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for
everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas,
the company has 122,000 team members. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its
shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to
it.
Contact: Caroline Ahn, 312-614-6047, caroline.ahn@tyson.com
