July 23, 2014 at 2:10 p.m.
Tyson, SEC settle charges (4/30/05)
Business Roundup
Tyson Foods Inc. has agreed to pay $1.5 million to settle charges by the Securities and Exchange Commission that the company failed to disclose millions of dollars worth of perks received by former senior chairman Don Tyson, The Wall Street Journal reported Friday.
According to the SEC’s complaint, between 1997 and 2001, Don Tyson received $3 million in benefits from the Arkansas-based company, which operates Tyson Foods-Mexican Original in Portland.
He has agreed to pay $700,000 to settle the civil complaint by the SEC and $1.5 million to reimburse the company, The Journal said.
Tyson, 74, continues to serve as a director of the corporation. His son, John Tyson, is now chairman and chief executive officer.
SCHOLARSHIP AWARDED
A Jay County High School senior has been awarded a $1,000 scholarship by a Portland fast food restaurant.
Krista Ross was given the scholarship through the Burger King Scholars program, which began in 2001. Since the scholarship program started, $500,000 has been awarded to students in northern Indiana and Michigan.
To earn the scholarship, Ross had to maintain at least a 2.5 grade point average, work part time and be involved in extracurricular or community service activities.
The awards are made possible through the partnership between Burger King Restaurants operated by Quality Dining, Inc. and the Burger King McLamore Foundation, Miami, Fla. This year 124 $1,000 scholarships will be awarded.
The foundation was established in 1997 in memory of Burger King’s co-founder James W. McLamore. The mission of the program is to provide educational opportunities to deserving youths.
TEAM REWARDED
Sprint’s community relations team members in Portland recently were awarded a grant in reward for their community efforts.
The team gave the $250 grant to Jay-Randolph Developmental Services. The 10 team members include Susie Smith, John Evans, Ken Hill, Bill Baughn, Bill Money, Leland LeMaster, Phil Rowles, Mike Smith, Glen Theurer and Jack Moore.
To help the community, the team collected more than 1,097 pounds of food for Sprint’s Let’s Tackle Hunger Food Drive and raised funds for the Helping Hand Food Pantry. Team members also installed communications wiring at the Jay Community Center and supported the United Way of Jay County.
“It’s my privilege to recognize and thank these employees for the big difference they’re making in our communities through the CRT program,” corporate relations director Ralph Reid said in a press release. “Employees who give their time, energy and commitment to volunteerism make a difference in the world by carrying the spirit of Sprint beyond our doors and into our communities.”
“When we accepted our positions at Sprint, we accepted Sprint’s commitment to the community,” Sprint public affairs manager Jack Moore said. “I’m thrilled to work with a team that takes that commitment to the next level by freely giving up (its) time to contribute to the betterment of our community and enjoy doing it.”
WAL-MART OPENING
The new Winchester Wal-Mart Supercenter will open Wednesday, May 25.
The 110,000-square-foot facility was built southwest of town on 5.5 acres along U.S. 27. The new store will have an expanded line of merchandise that includes groceries.
The Wal-Mart store recently hired 180 new employees, bringing the work force up to 260.
COMPUTER WORKSHOPS
Ball State University in Muncie will be holding one-day workshops for high school juniors and seniors and their teachers on computer security problems.
The session will be held Wednesday, May 11, through Friday, May 13, from 4 to 6 p.m. The classes are sponsored by the Miller College of Business.
Those who attend will learn about common security breaches and how to prevent the most dangerous and prevalent attacks to computer systems. Each person who completes the workshop will receive a certificate.
Register online at www.bsu.edu/cob/isom/registration. The class is free for the first 30 people who register. For more information, contact Terri Best at (765) 285-5300.
SCHOLARSHIP DONATION
A St. Henry, Ohio corporation recently donated $250 to a scholarship fund at Wright State University Lake Campus in Celina, Ohio.
Bruns Building and Development Corporation donated the money for the Academic Excellence Scholarship fund. The university awards the scholarship annually to a graduating high school senior at each area high school, who plans to attend the institution.
Seventeen students were awarded the scholarship for the 2004-05 academic year. The award pays $3,000 the first year and is renewable for $1,000 the second year.
PAHMIER TO SPEAK
A pediatric nurse practitioner will be speaking at Bluffton Regional Medical Center’s Mothers Meeting Wednesday at 9:45 a.m.
Meg Pahmier will discuss “The Strong-Willed Child” at the meeting. The event will be held at the Bluffton Regional South Campus second floor educational center, 1100 S. Main St., Bluffton.
Meetings are free, and baby-sitting is provided. For more information, contact Lynne Apple at (260) 919-3143.
ECIWIB MEETING
The Board Development Committee of the East Central Indiana Workforce Investment Board will meet Friday, May 6, from noon to 2 p.m.
The meeting will be held at the Muncie WorkOne Center, 201 E. Charles St., in the first floor training room.
Inform Stephanie Goodman of attendance plans by 9 a.m. Wednesday by calling (765) 741-5863 or (800) 483-2742, ext. 100.[[In-content Ad]]
According to the SEC’s complaint, between 1997 and 2001, Don Tyson received $3 million in benefits from the Arkansas-based company, which operates Tyson Foods-Mexican Original in Portland.
He has agreed to pay $700,000 to settle the civil complaint by the SEC and $1.5 million to reimburse the company, The Journal said.
Tyson, 74, continues to serve as a director of the corporation. His son, John Tyson, is now chairman and chief executive officer.
SCHOLARSHIP AWARDED
A Jay County High School senior has been awarded a $1,000 scholarship by a Portland fast food restaurant.
Krista Ross was given the scholarship through the Burger King Scholars program, which began in 2001. Since the scholarship program started, $500,000 has been awarded to students in northern Indiana and Michigan.
To earn the scholarship, Ross had to maintain at least a 2.5 grade point average, work part time and be involved in extracurricular or community service activities.
The awards are made possible through the partnership between Burger King Restaurants operated by Quality Dining, Inc. and the Burger King McLamore Foundation, Miami, Fla. This year 124 $1,000 scholarships will be awarded.
The foundation was established in 1997 in memory of Burger King’s co-founder James W. McLamore. The mission of the program is to provide educational opportunities to deserving youths.
TEAM REWARDED
Sprint’s community relations team members in Portland recently were awarded a grant in reward for their community efforts.
The team gave the $250 grant to Jay-Randolph Developmental Services. The 10 team members include Susie Smith, John Evans, Ken Hill, Bill Baughn, Bill Money, Leland LeMaster, Phil Rowles, Mike Smith, Glen Theurer and Jack Moore.
To help the community, the team collected more than 1,097 pounds of food for Sprint’s Let’s Tackle Hunger Food Drive and raised funds for the Helping Hand Food Pantry. Team members also installed communications wiring at the Jay Community Center and supported the United Way of Jay County.
“It’s my privilege to recognize and thank these employees for the big difference they’re making in our communities through the CRT program,” corporate relations director Ralph Reid said in a press release. “Employees who give their time, energy and commitment to volunteerism make a difference in the world by carrying the spirit of Sprint beyond our doors and into our communities.”
“When we accepted our positions at Sprint, we accepted Sprint’s commitment to the community,” Sprint public affairs manager Jack Moore said. “I’m thrilled to work with a team that takes that commitment to the next level by freely giving up (its) time to contribute to the betterment of our community and enjoy doing it.”
WAL-MART OPENING
The new Winchester Wal-Mart Supercenter will open Wednesday, May 25.
The 110,000-square-foot facility was built southwest of town on 5.5 acres along U.S. 27. The new store will have an expanded line of merchandise that includes groceries.
The Wal-Mart store recently hired 180 new employees, bringing the work force up to 260.
COMPUTER WORKSHOPS
Ball State University in Muncie will be holding one-day workshops for high school juniors and seniors and their teachers on computer security problems.
The session will be held Wednesday, May 11, through Friday, May 13, from 4 to 6 p.m. The classes are sponsored by the Miller College of Business.
Those who attend will learn about common security breaches and how to prevent the most dangerous and prevalent attacks to computer systems. Each person who completes the workshop will receive a certificate.
Register online at www.bsu.edu/cob/isom/registration. The class is free for the first 30 people who register. For more information, contact Terri Best at (765) 285-5300.
SCHOLARSHIP DONATION
A St. Henry, Ohio corporation recently donated $250 to a scholarship fund at Wright State University Lake Campus in Celina, Ohio.
Bruns Building and Development Corporation donated the money for the Academic Excellence Scholarship fund. The university awards the scholarship annually to a graduating high school senior at each area high school, who plans to attend the institution.
Seventeen students were awarded the scholarship for the 2004-05 academic year. The award pays $3,000 the first year and is renewable for $1,000 the second year.
PAHMIER TO SPEAK
A pediatric nurse practitioner will be speaking at Bluffton Regional Medical Center’s Mothers Meeting Wednesday at 9:45 a.m.
Meg Pahmier will discuss “The Strong-Willed Child” at the meeting. The event will be held at the Bluffton Regional South Campus second floor educational center, 1100 S. Main St., Bluffton.
Meetings are free, and baby-sitting is provided. For more information, contact Lynne Apple at (260) 919-3143.
ECIWIB MEETING
The Board Development Committee of the East Central Indiana Workforce Investment Board will meet Friday, May 6, from noon to 2 p.m.
The meeting will be held at the Muncie WorkOne Center, 201 E. Charles St., in the first floor training room.
Inform Stephanie Goodman of attendance plans by 9 a.m. Wednesday by calling (765) 741-5863 or (800) 483-2742, ext. 100.[[In-content Ad]]
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