Tyson Foods, under new CEO Jeff Schomburger, is intensifying its expansion into Southeast Asia, particularly targeting Thailand and Malaysia, as the company positions itself to capture the majority of poultry growth expected across Asian markets over the next decade.
- Tyson Foods is focusing on Southeast Asia expansion, with particular interest in Thailand and Malaysia as key growth markets.
- The vast majority of poultry growth over the next decade is projected to come from Asian markets, making the region strategically critical.
- New CEO Jeff Schomburger, who takes office October 4, brings international business experience from his previous role as global sales officer at Procter & Gamble.
- Tyson's Asian business is currently stable and predictable, with the company now optimizing existing assets before expanding its footprint further.
- Tyson Foods is the world's second-largest broiler producer and operates across poultry, pork, beef, and turkey production.
Jeff Schomburger, CEO-elect for Tyson Foods, said the company is continuing to look at international growth opportunities, particularly in Southeast Asia.
During the Barclays 19th Annual Global Consumer Conference on September 10, Schomburger, who as a former global sales officer for Procter & Gamble brings international business experience to Tyson Foods, was asked if there were particular geographies where Tyson would like to further its presence.
Schomburger said Tyson Foods has traditionally focused on Asia, "and particularly Southeast Asia."
Jeff SchomburgerTyson Foods
"We still like those markets. The vast majority of the poultry growth over the next decade is going to come from the Asian markets. What we've done in the past two or three years is really focused on optimizing the assets we have, and that's returned very nice returns for the company," he said.
Tyson's business in Asia is now what Schomburger described as stable and relatively predictable, but expanding its footprint there is certainly being examined.
"We really like Thailand. We like Malaysia and a few other markets, and we're going through the strategic process of really figuring out where we're going to play and how we're going to win even faster in Asia," Schomburger said.
Schomburger officially takes over as president and CEO of Tyson Foods on October 4, succeeding Donnie King, who has held that position since 2021. While Schomburger will be new to his upcoming roles, he has already been with the company since 2016. He has served as lead independent director on the board since 2025 and, according to a previously issued Tyson Foods press release, has worked closely with King on board oversight and engagement with leaders across the business.
Tyson Foods, headquartered in Springdale, Arkansas, is the world's second-largest broiler producer and 11th-largest feed producer. The company is also involved in turkey, pork and beef production.
