New CEO Outlines Strategy for Tyson Foods; Bond Proposes $110 Million in Spending Cuts
posted by admin on 30/05/06
Company to return to a "commodity mindset", create an overall culture of "agility" and improve cost management.
., May 25 /PRNewswire-FirstCall/ -- The new CEO of Tyson
Foods (NYSE: TSN) outlined his strategy for returning the company to profitability, which includes at least $110 million in spending cuts, Tyson officials reported today.