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Sysco Corp (SYY) has issued an update.
Sysco Corporation announced significant changes to its leadership as Edward D. Shirley resigned from his position as Chair of the Board due to personal health reasons, effective April 30, 2024. The Board expressed gratitude for Shirley’s contributions and simultaneously appointed CEO Kevin P. Hourican as the new Chair, without additional compensation. To maintain independent oversight, Larry C. Glasscock was named as the Lead Independent Director. Additionally, John M. Hinshaw took over Glasscock’s previous role as Chair of the Corporate Governance and Nominating Committee. These strategic appointments aim to strengthen Sysco’s corporate governance and align leadership with shareholder interests.
For an in-depth examination of SYY stock, go to TipRanks’ Stock Analysis page.
