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MarketScreener Homepage  >  Equities  >  Nyse  >  Sysco Corporation    SYY

SYSCO CORPORATION

(SYY)
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SYSCO CORP : Change in Directors or Principal Officers (form 8-K)

10/16/2020 | 05:03pm EST

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On October 12, 2020, Michael P. Foster, the Executive Vice President, Chief Information and Technology Officer of Sysco Corporation ("Sysco" or the "Company"), and Sysco mutually agreed that Mr. Foster will step down from his officer position with the Company effective December 31, 2020. The severance benefits for which Mr. Foster will be eligible are described in Sysco's Current Report on Form 8-K dated July 15, 2020 and set forth in the form of Severance Letter Agreement for Executive Vice Presidents filed as Exhibit 10.1 thereto. The Company expects to announce Mr. Foster's replacement soon.




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© Edgar Online, source Glimpses

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