I guess I'll be the lone discenting voice and say I don't think it's that bad. Bob Parsons has always run his company the way he wants, and he has particular freedom to do so since he has zero investors and is the sole owner. He does certain things for shock value, such as the super bowl commercials, which by the way caused outage with a completely different demographic of people.
Slaughtering an elephant might offend some of your sensibilities, but hunting in Africa is wide spread and as long as the elephant is not endangered, I don't think your outrage has a leg to stand on. The elephant was used as food and now crops are protected.
There are much worse things going on in America's food industry then this. In fact if anything if that elephant could feed the village I'd say this was actually a good thing.
I can understand how this might offend vegetarians but even then, it's not like the animal was wasted.