Tyson Foods, Inc. announced that Dean Banks will succeed Noel White as chief executive officer, while maintaining the role of president, effective October 3, 2020. White, who led Tyson through a period of unprecedented volatility and uncertainty when he assumed the CEO role in 2018, will remain with Tyson in a new role as executive vice chairman of the board of directors.

Banks’ expanded role of CEO is part of the board’s deliberate, long-term succession planning. Since joining Tyson Foods as a director in 2017 and his appointment as president in 2019, Banks has worked closely with Tyson leadership to develop a greater understanding of the business and strategic vision for future growth.