Sysco Announces Election of Three New Directors
September 21 2016 - 4:20PM
Sysco Corporation (NYSE:SYY) announced today that three
newly-elected directors, Daniel Brutto, Bradley Halverson and
Edward Shirley, joined the company’s board of directors, expanding
the size of the board to 15 members. These new directors were
elected in connection with the board’s ongoing refreshment efforts,
which also included the establishment of a 15-year, phased director
tenure limitation. It is the company’s intention, ultimately, to
maintain a board size of 10 to 15 members. All three of the
newly-elected directors will stand for reelection at Sysco’s next
Annual Meeting of Stockholders on Nov. 16, 2016.
Jackie M. Ward, Sysco's chairman of the board, said, "We are
very pleased to welcome Dan, Brad and Ed to our board. The
extensive management and corporate strategy expertise they’ve
amassed during their distinct and distinguished careers, along with
experience in finance, mergers & acquisitions, information
systems, international business and market/brand development, will
be extremely valuable to Sysco and add fresh, new perspective and
leadership capabilities to our board."
Daniel J. Brutto, 60, served as president of
UPS International and senior vice president of UPS, a global
package delivery, supply chain management and freight forwarding
company, from January 2008 until his retirement in June 2013.
Brutto’s 38-year career at UPS provided him with extensive
experience in executive leadership/management, strategy
development, business operations, finance, information systems,
mergers & acquisitions, marketing and international/global
operations.
Bradley M. Halverson, 56, currently serves as
group president, Financial Products and Corporate Services, and
chief financial officer of Caterpillar, the world's leading
manufacturer of construction and mining equipment, diesel and
natural gas engines, industrial gas turbines and diesel‐electric
locomotives. During Halverson’s nearly 30-year career with
Caterpillar, together with his prior service with
PricewaterhouseCoopers LLP, he has developed deep expertise in
accounting, financial reporting and corporate finance, along with
leadership experience in the areas of executive management,
corporate strategy development, mergers & acquisitions, risk
management, information technology systems oversight and
international business.
Edward D. Shirley, 59, served as president and
chief executive officer of Bacardi Limited, a global beverage and
spirits company, from 2012 to 2014. Prior to that, he spent a
combined 32 years with The Procter & Gamble Company, with 27 of
those years spent as a senior executive with The Gillette Company,
a consumer goods company acquired by P&G in 2005. As a result
of his many years of experience with large consumer products
companies, Shirley gained deep expertise in the areas of executive
leadership, strategy development, marketing/brand development and
business operations.
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. The company operates approximately 200
distribution facilities serving approximately 425,000 customers.
For fiscal year 2016 that ended July 2, 2016, the company generated
sales of more than $50 billion. 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 More Information:
Neil Russell
Vice President, Investor Relations and Communications
T: 281-584-1308
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