Tyson Foods suspends company heir, CFO John R. Tyson after arrest for intoxication

Tyson Foods has suspended the company's chief financial officer, John R. Tyson, after he was arrested for allegedly driving while intoxicated. 

University of Arkansas police in Fayetteville, Arkansas, arrested Tyson, 34, early Thursday for driving under the influence, according to police records. Other charges included careless driving and making an illegal turn. He was released from custody the same day on a $1,105 bond and is scheduled to appear in court on July 15.

Tyson is the great-grandson of the company's founder, John W. Tyson, and son of the food giant's current chairman, John H. Tyson.