Tyson Foods names new President

United States
Published:  07 November, 2019

The Board of Directors of the U.S. based meat processor has named independent director Dean Banks as President of the company, effective December 20, 2019.

Noel White, currently President and CEO, Tyson Foods, is to continue as CEO, while Dean Banks is to report to White and oversee the company’s business segments. Banks will remain a member of the Tyson Foods Board and will be considered a non‐independent Director. He joins the Tyson Foods enterprise leadership team from X, an Alphabet Inc. company (formerly known as Google [x]), where he has been a member of the leadership team since 2016 and started and led multiple projects.

“At a time of unprecedented change in the protein industry, we’re focussed on capitalising on our diversified business model and innovation to execute our growth strategy”, said White. “As we increasingly integrate advanced technologies into our operations, we’re pleased to add a leader of Dean’s calibre to our leadership team.” Previously, Banks was a Managing Partner of SEED Ventures, a group investing in and developing early stage healthcare technologies, and he has also served as a consultant to Cleveland Clinic Innovations, as the CEO of Occelerator, SVP of Business Development and Strategic Marketing at OrthoHelix, Co‐founder and CEO of Connective Orthopedics, and Vice President at Highland Capital Partners.