Last $36.40 USD
Change Today -0.03 / -0.08%
Volume 2.9M
As of 4:15 PM 04/24/14 All times are local (Market data is delayed by at least 15 minutes).

sysco corp (SYY) Snapshot

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52 Week High
12/9/13 - $43.40
52 Week Low
10/8/13 - $31.13
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Current Stock Chart for SYSCO CORP (SYY)

sysco corp (SYY) Details

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items comprising paper products, including disposable napkins, plates, and cups; tableware, such as china and silverware; cookware consisting of pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. In addition, it distributes personal care guest amenities, equipment, housekeeping supplies, room accessories, and textiles to the lodging industry. The company offers its products to the restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, lodging establishments, and other foodservice customers through distribution facilities. As of June 29, 2013, it operated 193 distribution facilities in the United States, Bahamas, Canada, Ireland, and Northern Ireland. Sysco Corporation was founded in 1969 and is headquartered in Houston, Texas.

48,100 Employees
Last Reported Date: 08/27/13
Founded in 1969

sysco corp (SYY) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $683.3K
Executive Vice President and President of Foo...
Total Annual Compensation: $691.7K
Chief Technology Officer and Executive Vice P...
Total Annual Compensation: $557.3K
Executive Vice President of Merchandising
Total Annual Compensation: $508.3K
Compensation as of Fiscal Year 2013.

sysco corp (SYY) Key Developments

Sysco Corporation Appoints Adam Skorecki as Senior Vice President and General Counsel, Effective April 7, 2014

Effective April 7, 2014 Mr. Adam Skorecki will assume the title of Senior Vice President and General Counsel at Sysco Corporation. Mr. Skorecki's responsibilities will include contracts, litigation, employment, mergers and acquisitions, and ERISA/benefits. Mr. Skorecki began practicing law in 1973 and joined Arnall Golden Gregory in 1982. Arnall Golden Gregory has worked with Sysco since 1970, when it helped the company go public.

Sysco Corporation Announces Executive Changes

On February 20, 2014, the Board of Directors of Sysco Corporation elected Joel Grade as senior vice president-Finance and Chief Accounting Officer of the Company. G. Mitch Elmer, the Company's Senior Vice President, Controller and Chief Accounting Officer, will continue in his role, and Mr. Grade and Mr. Elmer currently share duties as principal accounting officer of the Company. Mr. Grade, age 43, previously served as Sysco's Senior Vice President, Foodservice Operations (North), a position to which he was appointed in May 2012.

Sysco Corporation Announces Key Executive Appointments

Sysco announced that Russell Libby has been named to the new position of executive vice president-Corporate Affairs and Chief Legal Officer. In this expanded role, Libby will oversee the Sysco functions of legal, communications, government relations, compliance, enterprise risk management, business development and corporate social responsibility. He will remain the Corporate Secretary. Libby had served as Sysco's senior vice president, General Counsel and Corporate Secretary since November 2011. He joined the company in 2007 as assistant vice president-Mergers & Acquisitions and Real Estate. Subsequently, Adam Skorecki has been named senior vice president and General Counsel. Skorecki joins Sysco from Arnall Golden Gregory, where he served as a partner in the mergers and acquisitions practice. He will be responsible for the Sysco legal areas that include contracts, litigation, employment, mergers and acquisitions, and ERISA/benefits. Additionally, Joel Grade has been named senior vice president-Finance and Chief Accounting Officer, reporting to Chris Kreidler, Sysco's executive vice president and Chief Financial Officer. Grade most recently was senior vice president-U.S. Broadline Operations (West). In his new role, he will oversee the functions of field finance (U.S. and Canada), commercial finance, financial planning and analysis, financial reporting, and shared services accounting.


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Valuation SYY Industry Range
Price/Earnings 22.0x
Price/Sales 0.5x
Price/Book 4.0x
Price/Cash Flow 21.7x
TEV/Sales 0.4x

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