Sysco Corporation announced that three newly-elected directors, Daniel Brutto, Bradley Halverson and Edward Shirley, joined the company's board of directors, expanding the size of the board to 15 members. These new directors were elected in connection with the board's ongoing refreshment efforts, which also included the establishment of a 15-year, phased director tenure limitation. It is the company's intention, ultimately, to maintain a board size of 10 to 15 members. All three of the newly-elected directors will stand for reelection at Sysco's next Annual Meeting of Stockholders on Nov. 16, 2016. Daniel J. Brutto, 60, served as president of UPS International and senior vice president of UPS, from January 2008 until his retirement in June 2013. Bradley M. Halverson, 56, currently serves as group president, Financial Products and Corporate Services, and chief financial officer of Caterpillar. Edward D. Shirley, 59, served as president and chief executive officer of Bacardi Limited, a global beverage and spirits company, from 2012 to 2014. Prior to that, he spent a combined 32 years with The Procter & Gamble Company, with 27 of those years spent as a senior executive with The Gillette Company, a consumer goods company acquired by P&G in 2005.
Sysco Corporation is North America no. 1 distributor of food products for food industry services and out of home catering sectors. The net sales by market break down as follows:
- restaurant (62%);
- restaurants (66%);
- hospitals and nursing homes (9%);
- schools, universities and government organizations (6%);
- hotels and motels (5%);
- other (14%).
Net sales by family of products break down between fresh and frozen meats (19%), dry and canned products (16%), frozen fruits, vegetables and bakery products (15%), poultry (11%), dairy products (10%), fresh products (8%), paper and disposable products (8%), seafood (5%), beverages (3%) and other (5%).
At the end of June 2021, the group had 326 distribution facilities worldwide.
Net sales break down geographically as follows: the United States (83.1%), Canada (7.6%), the United Kingdom (3.3%), France (2.1%) and other (3.9%).