Sysco Names Ajoy Karna as Senior Vice President International Foodservice Operations - Europe
March 24 2017 - 4:00AM
Sysco Corporation (NYSE:SYY) today announced that Ajoy H. Karna has
been named senior vice president, international foodservice
operations – Europe, effective April 17, 2017. Karna will be
responsible for Brakes Group, which encompasses Sysco’s operations
in Europe, including the United Kingdom, Ireland, France, Sweden,
Spain, Belgium and Luxembourg. Ken McMeikan, CEO of Brakes Group,
will remain with the Company for a brief transition period.
“Since joining Sysco in 2012, Ajoy has
demonstrated strong leadership abilities and has had a positive
impact on our overall business, both domestically and
internationally,” said Tom Bené, Sysco's president and chief
operating officer. “His responsibilities have been broad ranging,
including treasury, capital strategy, and the execution of mergers
and acquisitions; and he was most recently responsible for leading
finance across all of Sysco’s operating units and led the
transition and alignment of the Sysco and Brakes Group Finance
teams. We will leverage Ajoy’s track record of driving
results, strategic thinking and collaborative leadership style, in
partnership with the solid leadership and deep operating experience
of the Brakes team, to position us for continued growth across all
of Europe.”
In his new role, Karna will report directly to
Tom Bené.
“We appreciate Ken’s leadership and his
contribution to the successful transition of Brakes Group since
joining with Sysco,” said Sysco’s chief executive officer, Bill
DeLaney. “Under Ken’s direction, Brakes Group has enjoyed solid
progress. We wish him well in his future endeavors.”
Prior to joining Sysco, Karna served in various
leadership positions at PepsiCo, gaining domestic and international
experience in a variety of areas. At Frito Lay, he was senior vice
president of Finance and had oversight of the company’s field,
customer, foodservice, brand finance, and pricing finance teams. He
also was senior vice president, mergers and acquisitions, in
PepsiCo’s corporate group between 2006 and 2009. Prior to
that, he served in numerous roles of increasing responsibility at
Frito Lay and The Quaker Oats Company.
Karna graduated from Georgetown University with
a Bachelor of Science degree in finance and the J.L. Kellogg
Graduate School of Management at Northwestern University with a
Master of Business Administration degree.
About Sysco
Sysco 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 198 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. Subsequent to fiscal year 2016, the company completed the
acquisition of the Brakes Group, a leading European foodservice
distributor with operations in the United Kingdom, Ireland, France,
Sweden, Spain, Belgium and Luxembourg.
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
www.investors.sysco.com, which Sysco plans to use as a primary
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www.twitter.com/SyscoStock and download the Sysco IR App, available
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investors should continue to review our news releases and filings
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that the information we disclose through any of these channels of
distribution could be deemed to be material information.
For more information contact:
Neil Russell
Investor Contact
T +1 281-584-1308
Russell.neil@corp.sysco.com
Camilla Zuckero
Media Contact
T +1 281-899-1839
Zuckero.camilla@corp.sysco.com
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