For the fourth straight year, Tyson Foods, Inc. ranks No. 1 on Fortune magazine’s list of the World’s Most Admired Companies in the Food Production category.
The annual survey, conducted by Fortune and Korn Ferry, is given to top executives, directors and financial analysts to identify the companies that have the strongest reputations within their industries and across all industries.
“We’re proud of our team members who work hard every day to make our company successful. This honor from Fortune is a great recognition of their efforts,” said Noel White, CEO of Tyson Foods. “Sustainable, global growth that drives value for our customers and consumers while feeding the world nutritious, affordable food is at the center of our strategy.”
The company recently announced the launch of the Coalition for Global Protein, a multi-stakeholder initiative to advance the future of sustainable protein.
Fortune’s World's Most Admired Companies list is the definitive report card on corporate reputations. Korn Ferry has collaborated with Fortune annually since 1997 to identify, select and rank the World’s Most Admired Companies and uncover the business practices that make these companies highly regarded among their peers.
To compile the rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services and global competitiveness. Tyson Foods ranks No. 1 in the Food Production category in eight of these.