Sysco Names Ajoy Karna as Senior Vice President International Foodservice Operations - Europe
(Thomson Reuters ONE) -
HOUSTON, March 24, 2017 (GLOBE NEWSWIRE) -- 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 channel for publishing key information to its
investors, some of which may contain material and previously non-public
information. Investors should also follow us at www.twitter.com/SyscoStock and
download the Sysco IR App, available on the iTunes App Store and the Google Play
Market. In addition, investors should continue to review our news releases and
filings with the Securities and Exchange Commission. It is possible 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(at)corp.sysco.com
Camilla Zuckero
Media Contact
T +1 281-899-1839
Zuckero.camilla(at)corp.sysco.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sysco Corporation via GlobeNewswire
Datum: 24.03.2017 - 10:00 Uhr
Sprache: Deutsch
News-ID 532246
Anzahl Zeichen: 5133
contact information:
Kategorie:
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