Sysco Announces Executive Leadership Changes
October 16 2020 - 8:00AM
Sysco Corporation (NYSE: SYY), the leading global foodservice
distribution company, announced today that Judith Sansone will join
the company as executive vice president and chief commercial
officer, effective Oct. 26, 2020.
In this newly created executive role, Sansone will lead Sysco’s
overall commercial strategies, including responsibility for
merchandising, marketing, pricing, digital sales enablement,
customer loyalty program development, customer personalization and
exploring new channel sales development. Sansone will coordinate
company-wide efforts to profitably grow sales by better serving
customers with best-in-class merchandising, marketing and
personalized engagement. She will also work collaboratively with
Sysco’s field-based sales organization to acquire new business and
increase sales with existing customers through these strategic
efforts.
“I am very pleased to welcome Judy to Sysco. She is an
experienced and highly talented leader who consistently delivers
results and drives transformative change,” said Kevin Hourican,
Sysco’s president and chief executive officer. “Under Judy’s
leadership, I am confident that we will accelerate our profitable
sales growth by building a best-in-industry merchandising,
marketing and digital customer engagement strategy. We will
leverage our robust customer purchasing data to provide
personalized assortments, pricing and promotional marketing to our
customers. Increasing personalization of our go-to-market strategy
will enable Sysco to profitably grow our sales and better serve our
customers.”
Sansone has over 30 years of experience in the retail industry
where she developed an innovation mindset and willingness to make
bold decisions that will complement Sysco’s current efforts to
transform its business, delight customers and increase market
share. In her most recent role as chief merchandising officer with
CVS Health, she was accountable for the growth strategy and P&L
management of the $20 billion front-of-store business. Sansone
directly managed merchandising, pricing, store design, website
activities and the loyalty program. She designed the merchandising
strategy to transform the retail store from a traditional
convenience store to a health and beauty destination. Judy
delivered industry-leading sales growth in health and beauty and
profitably grew market share.
In addition, Sysco also announced today that Michael Foster will
be stepping down from his position as executive vice president and
chief information and technology officer, effective Dec. 31, 2020,
to pursue other opportunities. Sysco is grateful for Foster’s
leadership, integrity and service, including the implementation of
prudent technology cost reductions, advancement of Sysco’s
ecommerce platform (Shop) and a successful transition to a
broad-based remote work environment. The company expects a smooth
transition and to announce Foster’s replacement soon.
About SyscoSysco is the global leader in
selling, marketing and distributing food products to restaurants,
healthcare and educational facilities, lodging establishments and
other customers who prepare meals away from home. Its family of
products also includes equipment and supplies for the foodservice
and hospitality industries. With more than 57,000 associates, the
company operates 326 distribution facilities worldwide and serves
more than 625,000 customer locations. For fiscal 2020 that ended
June 27, 2020, the company generated sales of more than $52
billion. Information about our CSR program, including Sysco’s 2019
Corporate Social Responsibility Report, can be found at
www.sysco.com/csr2019report.
For more information, visit www.sysco.com or connect
with Sysco on Facebook
at www.facebook.com/SyscoCorporation or Twitter
at https://twitter.com/Sysco. For important news and
information regarding Sysco, visit the Investor Relations section
of the company’s Internet home page at investors.sysco.com,
which Sysco plans to use as a primary channel for publishing key
information to its investors, some of which may contain material
and previously non-public information. Investors should also follow
us at www.twitter.com/SyscoStock and download the Sysco
IR App, available on the iTunes App Store and
the Google Play Market. In addition, investors should continue
to review our news releases and filings with the SEC. It is
possible that the information we disclose through any of these
channels of distribution could be deemed to be material
information.
For more information contact:
Shannon MutschlerMedia ContactMutschler.Shannon@corp.sysco.comT
281-584-4059
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