Miquelon Named Tyson Foods cfo

Miquelon will report directly to John Tyson, chairman and ceo, and will have responsibility for the company's worldwide finance and accounting functions. This includes representing Tyson Foods on financial matters with investors, auditors and financial regulatory entities.

"Our search has ended with the find of an exceptional financial manager, and we are pleased Wade Miquelon will lead our financial team with a keen sense of the intricacies of operating globally. Wade has an extraordinary national and international financial background that will compliment our strong existing talent," said John Tyson. "During our search, we were extremely fortunate to have the leadership of Dennis Leatherby as our interim CFO. Dennis has performed exceedingly well and we are privileged to have him remain in our senior executive ranks as the company's SVP, Finance and Treasurer."

Miquelon's career spans over 16 years at The Procter & Gamble Co. (P&G) and includes a number of posts of increasing responsibility. Currently, Miquelon is finance chief and general manager for P&G's Western Europe region based in Geneva, Switzerland, with financial oversight of 17 countries representing roughly 25% of P&G's worldwide sales. In this capacity, Miquelon's responsibilities have also included financial oversight of the integration of Gillette's circa $4 billion Western European business.

Prior to his Western Europe role, Miquelon served as cfo and senior director for P&G's 42 country ASEAN, Australia and India (AAI) Region based in Singapore. In this post, his financial and strategic leadership led to the improvement of virtually every financial measure, including increasing cash flow and profit to an all-time high as well as helping to dramatically accelerate top-line growth.

Miquelon's Asian experience also includes serving as cfo of the Thailand, Myanmar, Cambodia and Laos subsidiaries of P&G, which included oversight of P&G's largest and most complex Asian manufacturing facility with exports to 22 countries, and also as Finance Director for P&G's Southeast Asian Beauty Care business. Wade spent seven years at P&G's headquarters in Cincinnati, Ohio, primarily in the late 80s through the mid 90s. His roles there have included group manager of new business development, group manager of mergers & acquisitions, group manager of International Treasury, finance director of Global IT, and a director/partner in establishing and running P&G's Venture Fund.

Miquelon, 41, born and raised in the St. Louis area, earned his MBA in finance and marketing from Washington University and a Bachelor's Degree in civil engineering from Purdue University.


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