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Tyson Foods executives' personal use of company planes on the rise

Many companies allow their executives to use the company's corporate jet for personal use, which has been on the rise in recent years, including in Arkansas.

ARKANSAS, USA — John Tyson’s use of Tyson Foods Inc.’s corporate jet for personal travel cost the Springdale protein producer $1.4 million in its fiscal year that ended in Oct. 1.

That amount for Tyson Foods’ chairman was the highest among executives at Arkansas’ publicly traded companies who use a corporate jet for personal trips.

Tyson’s $1.4 million value is nearly 10% more than it was the previous year, according to proxy filings with the U.S. Securities & Exchange Commission.

To read more on Execs' personal use of company planes, our content partner Arkansas Business has the full article here.   

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