| ITEM 5.02 | DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. |
Departure of Chief Financial Officer (Item 5.02(b))
On December 10, 2022, Mr. Aaron E. Alt, the Executive Vice President and Chief Financial Officer of Sysco Corporation (“Sysco” or the “Company”), resigned from his position with the Company effective January 6, 2023 (the “Effective Date”).
Appointment of Interim Chief Financial Officer (Item 5.02(c))
Mr. Neil A. Russell, the Company’s Senior Vice President, Corporate Affairs and Chief Communications Officer, has been appointed by the Board to serve as interim Chief Financial Officer from the Effective Date until the appointment of Mr. Alt’s successor. Mr. Russell brings previous experience leading financial planning & analysis, treasury, investor relations, mergers & acquisitions, and has experience working in revenue management, audit and strategy.
Previously, Mr. Russell served as Vice President, Corporate Affairs from June 2019 to November 2020, Vice President, Investor Relations and Communications and Treasurer from May 2018 to June 2019 and Vice President, Investor Relations and Communications from July 2015 to May 2018. Prior to joining Sysco in August 2007 as Vice President – Investor Relations, Mr. Russell served as the Director – Investor Relations for Delta Air Lines from September 1998 to July 2007.
| ITEM 7.01 | REGULATION FD DISCLOSURE |
On December 15, 2022, the Company issued a press release announcing the departure of Mr. Alt and the appointment of Mr. Russell as described above.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated into this Item 7.01 by reference. The information in this Item 7.01 is being furnished, not filed, pursuant to Item 7.01 of Form 8-K.
