Tyson Foods Pays Former COO Devin Cole $10.58M Separation

Tyson Foods entered into a separation agreement with former Chief Operating Officer Devin Cole, who stepped down on June 15, 2026. Under the agreement, Mr. Cole will receive a lump sum cash payment of $10,578,900. He will forfeit all outstanding performance stock, while existing time-based equity awards will be treated in accordance with their original terms. This payment is subject to Mr. Cole's release of claims against the company and reaffirmation of his restrictive covenants.