Tyson Foods, Inc. (NYSE: TSN), with headquarters in Springdale, Arkansas, is one of the world's largest food companies with leading brands such as Tyson®, Jimmy Dean®, Hillshire Farm®, Sara Lee®, Ball Park®, Wright®, Aidells®, and State Fair®.
We are a recognized market leader in chicken, beef and pork as well as prepared foods, including bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, tortillas and desserts.
team members in fiscal year 2015
reported sales in fiscal year 2015
In which our products are sold
In 13 core categories
Our company was founded in 1935 by John W. Tyson, whose family has continued to lead the business with his son, Don Tyson, guiding the company for many years and grandson, John H. Tyson, serving as the current chairman of the board of directors.
Through our Core Values, Code of Conduct and Team Member Bill of Rights, we strive to operate with integrity and trust and we are committed to creating value for our shareholders, customers and team members. We also strive to be faith-friendly, provide a safe work environment and serve as stewards of the animals, land and environment entrusted to us.
invested in communities
protein donated to hunger relief since 2000
production facilities and offices world-wide
invested in research and development
We are committed to responsible corporate governance, which promotes the long-term interests of shareholders, strengthens the Board of Directors and management accountability, and helps build public trust in our company. We believe maintaining qualified, independent directors with diverse experiences and backgrounds on our Board is an integral part of effective governance.
In fiscal 2015, our Board of Directors consisted of nine members, seven of whom were independent. Of the nine members serving on the board, there were two women and one minority. Additionally, the Board has appointed a non-management lead director.
Additional information about our Board and its committees can be found on our Investor Relations website and in our 2015 Proxy Statement.
Learn more about our corporate governance measures, including our Code of Conduct and Corporate Governance Principles.
With the acquisition of The Hillshire Brands Company in August 2014, we added to our growing list of top-selling brands. Today, we have the No. 1 brands in breakfast sausage; fresh chicken; frozen, fully-cooked chicken; frozen protein breakfast; smoked sausage; hot dogs; corndogs; and super premium sausage.
The depth and breadth of our product portfolio can reach consumers at all meal occasions, at home, and away from home. With an eye to the future, while never forgetting where we came from, our future is bright. And expectations have never been higher at Tyson Foods.
For more information about our company and financial performance, visit our Investor Relations website and review our 2015 Annual Report on Form 10-K.
We work on regulatory and legislative policy issues that can have an impact on our business. We do this through our own involvement as an individual company and through membership in industry associations.
Representatives from all parts of our company impact public policy through direct interaction with policymakers, as well as through participation on industry committees and advisory boards. We believe this interaction ensures our views on key issues such as international trade, food safety, immigration, dietary guidelines, and mandatory country of origin labeling are heard and help shape sound public policy.
Through campaign contributions to candidates for the U.S. House and the U.S. Senate, the Tyson Political Action Committee (TYPAC) helps build and maintain relationships with elected officials who support our industry and company. They understand our business and are grateful that we provide nearly 100,000 U.S.-based jobs. They appreciate the skill and care we dedicate to producing safe, delicious, and nutritious foods at affordable prices.
to candidates for federal offices for the 2015-2016 election cycle in calendar year 2015. TYPAC does not base its contributions on political party affiliation.
Responsible, legal, and sustainable procurement practices are an important part of our commitment to doing business the right way.
At Tyson Foods, our supply chain is diverse. We do business with suppliers of the chicken, cattle, hogs, and turkeys we use to make our food products, as well as suppliers of equipment, ingredients, packaging materials, and other general business services.
In March 2015, Tyson China was recognized as Fresh Supplier of the Year by Walmart China for the second year in a row. We were chosen from more than 3,000 fresh suppliers in China.
Our Supplier Code of Conduct clearly presents the principles and high ethical standards we expect our supply partners to work toward throughout the course of our business relationship. Where appropriate, we strive to include requirements in our supply contracts that emphasize the sustainability objectives shared with our supply partners.
We seek to build relationships with and recognize supply partners who share values similar to ours, especially in these areas:
In fiscal year 2015, we recognized eight best-in-class suppliers at our Supplier of the Year event. Included in the criteria for the recognition are several items that help make our company sustainable and environmentally responsible, such as supply-chain performance, innovation and technology, and customer-service performance.
On May 7, 2015, for the fourth year, we recognized 19 third-party contract carriers as Premier Carriers of the Year. Carriers of the Year are recognized for their commitment to excellence in customer service, communication, safety, innovation and for being strong environmental stewards.
We depend on more than 9,700 independent farm families to supply our plants. We strive to support independent producers in their efforts to run their businesses wisely and to be independent and sustainable enterprises.
We are a founding member of the U.S. Roundtable for Sustainable Beef.
We supply the birds, feed and technical advice, while the farmers care for the chickens by providing the farm, housing and labor. The average farmer has been raising chickens for us for 13 years.
in fiscal 2015 to independent farmers who supply us with livestock and poultry.
They supply our beef plants in the Midwest, South and Pacific Northwest. Our company does not own or operate any feedlots.
These independent farmers supply our pork plants in the Corn Belt. The farmers are expected to raise hogs that meet our standards for high quality pork.
These independent growers supply our turkey plant in the Midwest. We also have 70 contract growers raising turkeys owned and fed by Tyson Foods. All growers are held to the same high standards, raising quality turkeys in the Midwest.
We know that having a diverse group of supply partners makes good business sense. The competitive advantages of embracing the entire business community will continue to grow, and we want qualified and competitive minority, socio-economic disadvantaged, and small business suppliers to share in this growth with us.
The amount we spent with women-owned businesses decreased in fiscal 2015; however our spending with minority-owned businesses increased more than 13 percent as compared to fiscal 2014.
Learn more about how minority-owned and small businesses can connect with us on our supplier diversity page at Tyson Foods.
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