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Tyson CEO, other execs see smaller bonuses.

John Tyson John Tyson may refer to:
  • John M. Tyson (1953-), North Carolina Court of Appeals Judge
  • John R. Tyson (1856-1923), United States Representative from Alabama
, the chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Tyson Foods Inc. of Springdale, received a smaller bonus in 2005 than in 2004, according to the meat processor's proxy filed with the Securities & Exchange Commission.

According to the proxy, John Tyson received a salary of about $1.1 million and a bonus of about $3.2 million for 2005. For 2004, he received a salary of about $1 million and a bonus of about $5.4 million.

In all, the CEO's total compensation reached about $5.5 million for the fiscal year, which ended Sept. 30, down from $7.2 million in fiscal 2004.

While all executives received salary increases, most received smaller bonuses. Richard Bond, director, president and COO, received a bonus of about $1.4 million, down from $2.3 million in 2004. Greg W. Lee, chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive  and president of Tyson's international division, received a bonus of $600,000, down from $1 million in 2004. Eugene D. Leman lem·an  
n. Archaic
1. A sweetheart; a lover.

2. A mistress.



[Middle English leofman, lemman : leof, dear (from Old English
, senior group vice president of the fresh meats division, received a bonus of $258,000, down from $500,000 last year.

Only one executive, Dennis Leatherby, senior vice president of finance, treasurer and interim CFO See Chief Financial Officer. , received a larger bonus for 2005 than 2004, taking home $280,000, up from $175,000 last year.
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Title Annotation:AGRICULTURAL BUSINESS
Author:Turner, Lance
Publication:Arkansas Business
Date:Jan 9, 2006
Words:213
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