The appointment means McNamara, who has been a Tyson Foods board member since 2007, will take on additional duties and responsibilities to assist the chairman with board matters, support the executive team on company matters, and focus on key strategic initiatives.
“The board’s appointment of Kevin to vice chairman reflects its commitment to sound governance to sustain the future of our company,” said Chairman John H. Tyson. “We look forward to his expanded participation in the company, especially as we collaborate with the board and executive management to implement our strategy for growth and leadership.”
Other members of Tyson Foods’ board of directors, who were all reelected at the company’s annual meeting of shareholders on February 6, 2020, include Gaurdie E. Banister Jr., Dean Banks, Mike Beebe, Mikel A. Durham, Jonathan D. Mariner, Cheryl S. Miller, Jeffrey K. Schomburger, Robert Thurber, Barbara A. Tyson and Noel White.
McNamara is the founding principal of McNamara Family Ventures, a family investment office providing venture and growth capital to health care companies. He is currently a director at SignifyHealth (formerly CenseoHealth), a nationwide leader in physician in-home health assessments, after having served as its chief Executive Officer from 2015 to June 2018.
McNamara previously served as the vice chairman of Leon Medical Centers, a healthcare provider for Medicare patients. From 2005 to 2009 he was executive vice president, chief financial officer and treasurer of HealthSpring, Inc., a managed care company.
He qualifies as an “audit committee financial expert” under the rules of the U.S. Securities and Exchange Commission (SEC), based upon his experience overseeing financial reporting processes, internal accounting and financial controls, as well as managing independent auditor engagements.