Tyson Foods Inc. (NYSE: TSN) announced that Phillip Thomas will be appointed Vice President, Controller and Chief Accounting Officer, effective April 6, 2026.

Thomas, 51, currently serves as Vice President and Controller, a position he has held since December 2023. He previously held the role of Vice President, Controller and Chief Accounting Officer from July 2020 to December 2023.

In connection with Thomas' appointment, Lori Bondar will step down from her role as Chief Accounting Officer. Bondar will remain with the company as Senior Vice President to assist with the transition and plans to retire before the end of the fiscal year.

Thomas joined Tyson Foods in 2008 as Senior Director Financial Reporting and was promoted to Vice President and Assistant Controller in March 2014. In his new role, he will receive an annual base salary of $360,574 and remain eligible for the company's annual incentive plan with a target of 55% of his base salary.

The executive will also participate in the company's long-term incentive program with an annual target award of $175,000, structured as 75% restricted stock units and 25% performance stock.