Richard L Bond is an American businessman.Bloomberg BusinessWeek
/ref>
/ref> He is the former President and CEO of

Tyson Foods, Inc. Tyson Foods, Inc. is an American multinational corporation, based in Springdale, Arkansas, that operates in the food industry. The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A. It annual ...

(TSN).Lauren Etter, Joann S. Lublin, Scott Kilmann
CEO Quits at Meat Giant Tyson
''

The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'', January 5, 2009

Biography

Early life

Richard Bond graduated from

Elizabethtown College Elizabethtown College (informally E-town) is a private college in Elizabethtown, Pennsylvania. History Founding and early years Founded in 1899, Elizabethtown College is one of many higher learning institutions founded in the 19th century by c ...

, where he received a Bachelor of Science in Business Administration.

Career

He became President of

IBP, Inc. Tyson Fresh Meats, Inc., formerly IBP, Inc. and Iowa Beef Processors, Inc., is an American meat packing company based in Dakota Dunes, South Dakota, United States. IBP was the United States' biggest beef packer and its number two pork processor. ...

, a Midwestern hog and cattle slaughtering giant, which was in 2001 acquired by Tyson Foods. He was appointed Co-Chief Operating Officer and Group President, Fresh Meats and Retail, - an appointment the ''

Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'' described as intended to reassure investors, and then became President and Chief Operating Officer in 2003. Mr. Bond worked under Don Tyson's son,

John H. Tyson John Tyson (born September 5, 1953) is an American billionaire heir and businessman.M. Alex JohnsonWalking the walk, on the assembly line ''NBC News'', 3/24/2005 He was chief executive officer (CEO) of the family business, Tyson Foods (), from ...

, until 2006, when Mr. Bond was rewarded with the CEO job. While CEO of Tyson Foods in 2008, he earned a total compensation of $4,777,807, which included a base salary of $1,251,204; options granted of $2,610,000; and other compensation of $916,603.Equilar 2008 CEO Compensation for Richard L. Bond
/ref> He left Tyson Foods on January 5, 2009, reportedly amidst tensions with Don Tyson. He had reported in November 2008 that Tyson's finances were worsening. Industry observers said that Bond, who has a reputation as a cost cutter, debated with Mr. Tyson, who is said to more aggressively seek market share, over whether to cut chicken production to improve prices.

References

{{DEFAULTSORT:Bond, Richard Living people Elizabethtown College alumni American chief executives of food industry companies Tyson Foods people Year of birth missing (living people)