The head of Tyson Foods is stepping down after less than a year on the job.
Tyson Foods announcing President and CEO Dean Banks is leaving the company for personal reasons.
Banks was named as CEO in August, but officially took over the position in October.
The company announced Donnie King will succeed Banks, effective immediately. He will be the fifth CEO of Tyson in the last five years.
King was most recently chief operating officer (COO) of Tyson Foods, a role he’s held since February. As COO, King oversaw Tyson Foods’ fresh meats, prepared foods, as well as international businesses. Just prior to that role, King was president of Tyson’s poultry division.
