Tyson Foods appointed Wes Morris as COO, effective June 15, succeeding Devin Cole, to enhance operational excellence.
Quiver AI Summary
Tyson Foods, Inc. announced the appointment of Wes Morris as Chief Operating Officer (COO), effective June 15, 2026. Morris, who has over 20 years of experience at Tyson, will manage the company's various business segments, including Chicken, Beef, Pork, Prepared Foods, and International. His previous leadership roles include serving as president of the Prepared Foods and Poultry divisions, and his appointment reflects the company's focus on operational excellence. Incoming CEO Jeff Schomburger emphasized Morris's track record in executing operational priorities, while Morris expressed enthusiasm for contributing to the company's strategic priorities and growth plan. The announcement comes with the retirement of Devin Cole, who was thanked for his contributions to the company.
Potential Positives
- The appointment of Wes Morris as Chief Operating Officer (COO) highlights Tyson Foods' emphasis on leadership continuity and operational excellence.
- Morris's 20 years of experience within the company, including leadership roles in key segments, signals a strong understanding of Tyson's operations and strategic priorities.
- Jeff Schomburger, the incoming President and CEO, endorses Morris's capabilities, reinforcing confidence in management's ability to execute the company's growth plan.
- The transition in leadership occurs at a pivotal moment for the company, suggesting a proactive approach to maintaining strong operational discipline during changes.
Potential Negatives
- Devin Cole's retirement may raise concerns about leadership stability and continuity within the company as a significant long-term executive departs.
- The necessity of appointing a new COO could indicate previous operational challenges within Tyson Foods that the company needs to address.
- The timing of the COO appointment amidst a leadership transition could suggest internal restructuring, which may lead to uncertainties among stakeholders and employees.
FAQ
Who is the new COO of Tyson Foods?
Wes Morris has been appointed as the new Chief Operating Officer (COO) of Tyson Foods.
What are the responsibilities of the COO at Tyson Foods?
The COO will oversee Tyson Foods' business segments, including Chicken, Beef, Pork, Prepared Foods, and International.
When does Wes Morris begin his role as COO?
Wes Morris is set to begin his role as COO on June 15, 2026.
What is Wes Morris's experience with Tyson Foods?
Morris has over 20 years of experience at Tyson, holding prior leadership roles in Prepared Foods and Poultry.
What is Tyson Foods' mission statement?
Tyson Foods' mission is "We Feed the World Like Family™," committed to providing high-quality food safely and affordably.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TSN Revenue
$TSN had revenues of $13.7B in Q2 2026. This is an increase of 4.43% from the same period in the prior year.
You can track TSN financials on Quiver Quantitative's TSN stock page.
You can access data on TSN stock through the Quiver Quantitative API.
$TSN Hedge Fund Activity
We have seen 477 institutional investors add shares of $TSN stock to their portfolio, and 425 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 3,554,478 shares (+inf%) to their portfolio in Q1 2026, for an estimated $227,735,405
- AQR CAPITAL MANAGEMENT LLC added 1,879,027 shares (+23.2%) to their portfolio in Q1 2026, for an estimated $120,389,259
- PZENA INVESTMENT MANAGEMENT LLC added 1,845,200 shares (+12.1%) to their portfolio in Q1 2026, for an estimated $118,221,963
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 1,650,177 shares (-93.7%) from their portfolio in Q1 2026, for an estimated $105,726,840
- MILLENNIUM MANAGEMENT LLC removed 1,492,511 shares (-39.4%) from their portfolio in Q1 2026, for an estimated $95,625,179
- CITADEL ADVISORS LLC removed 1,414,439 shares (-59.6%) from their portfolio in Q1 2026, for an estimated $90,623,106
- JANE STREET GROUP, LLC added 1,282,737 shares (+661.2%) to their portfolio in Q1 2026, for an estimated $82,184,959
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$TSN Analyst Ratings
Wall Street analysts have issued reports on $TSN in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BMO Capital issued a "Outperform" rating on 01/08/2026
To track analyst ratings and price targets for $TSN, check out Quiver Quantitative's $TSN forecast page.
$TSN Price Targets
Multiple analysts have issued price targets for $TSN recently. We have seen 6 analysts offer price targets for $TSN in the last 6 months, with a median target of $72.5.
Here are some recent targets:
- Pooran Sharma from Stephens & Co. set a target price of $70.0 on 05/05/2026
- Michael Lavery from Piper Sandler set a target price of $75.0 on 04/06/2026
- John Baumgartner from Mizuho set a target price of $72.0 on 03/26/2026
- Thomas Palmer from JP Morgan set a target price of $65.0 on 03/24/2026
- Benjamin Theurer from Barclays set a target price of $78.0 on 02/03/2026
- Andrew Strelzik from BMO Capital set a target price of $73.0 on 02/03/2026
Full Release
SPRINGDALE, Ark., June 08, 2026 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) announced today the appointment of Wes Morris as Chief Operating Officer (COO). As COO, Morris will oversee the company’s business segments, including Chicken, Beef, Pork, Prepared Foods and International.
Morris brings more than 20 years of experience with Tyson Foods, including prior leadership roles as president of the Prepared Foods and Poultry businesses. His appointment reinforces the company’s commitment to operational excellence.
“Wes Morris has a proven track record of executing against operational priorities across key segments of our business,” said Jeff Schomburger, incoming President and Chief Executive Officer of Tyson Foods. “His deep understanding of our operations will be critical as we continue to strengthen performance across the enterprise. We remain focused on executing our strategy with discipline and have the right resources and people to win.”
"I'm excited to return at this pivotal moment," said Morris. "We have a strong foundation in place, and I'm committed to operational discipline as the company continues to advance its strategic priorities and execute its growth plan.”
Morris begins his role on June 15. Devin Cole will be retiring from Tyson Foods. The company thanks him for his many contributions.
About Tyson Foods, Inc.
Tyson Foods, Inc. (NYSE: TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. Tyson, it has grown under four generations of family leadership. The Company is unified by this purpose: Tyson Foods. We Feed the World Like Family
™
and has a broad portfolio of iconic products and brands including Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, State Fair®, Aidells® and ibp®. Tyson Foods is dedicated to bringing high-quality food to every table in the world, safely and affordably, now and for future generations. Headquartered in Springdale, Arkansas, the Company is a member of the S&P 500 and Russell 1000 large capitalization indices. It had approximately 133,000 team members on September 27, 2025. Visit
www.tysonfoods.com
.
Media Contact: [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3563b1ef-1224-4279-abbf-315320f8a9e6
