Sysco Management

Management criteria checks 3/4

Sysco's CEO is Kevin Hourican, appointed in Feb 2020, has a tenure of 4.75 years. total yearly compensation is $15.60M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.065% of the company’s shares, worth $24.46M. The average tenure of the management team and the board of directors is 2.5 years and 4.8 years respectively.

Key information

Kevin Hourican

Chief executive officer

US$15.6m

Total compensation

CEO salary percentage	8.6%
CEO tenure	4.8yrs
CEO ownership	0.06%
Management average tenure	2.5yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Hourican's remuneration changed compared to Sysco's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 28 2024	n/a	n/a	US$2b
Jun 29 2024	US$16m	US$1m	US$2b
Mar 30 2024	n/a	n/a	US$2b
Dec 30 2023	n/a	n/a	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jul 01 2023	US$14m	US$1m	US$2b
Apr 01 2023	n/a	n/a	US$2b
Dec 31 2022	n/a	n/a	US$1b
Oct 01 2022	n/a	n/a	US$1b
Jul 02 2022	US$14m	US$1m	US$1b
Apr 02 2022	n/a	n/a	US$1b
Jan 01 2022	n/a	n/a	US$785m
Oct 02 2021	n/a	n/a	US$685m
Jul 03 2021	US$23m	US$1m	US$524m
Mar 27 2021	n/a	n/a	-US$245m
Dec 26 2020	n/a	n/a	-US$338m
Sep 26 2020	n/a	n/a	-US$21m
Jun 27 2020	US$26m	US$527k	US$215m

Compensation vs Market: Kevin's total compensation ($USD15.60M) is above average for companies of similar size in the UK market ($USD5.77M).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.

CEO

Kevin Hourican (51 yo)

4.8yrs

Tenure

US$15,598,250

Compensation

Mr. Kevin P. Hourican is Independent Outside Director at Tapestry, Inc. since February 29, 2024. He has been Chief Executive Officer at Sysco Corporation since February 1, 2020 and serves as its Director s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Hourican	CEO & Chairman	4.8yrs	US$15.60m	0.065% $ 24.5m
Kenny Cheung	CFO & Executive VP	1.6yrs	US$4.31m	0.00086% $ 323.8k
Greg Bertrand	Executive VP & Global Chief Operating Officer	1.2yrs	US$4.98m	0.012% $ 4.5m
Thomas Peck	Executive VP	3.8yrs	US$4.01m	0.0068% $ 2.6m
Ronald Phillips	Executive VP & Chief HR Officer	3.5yrs	US$3.46m	0.0030% $ 1.1m
Jennifer Johnson	Senior VP & Chief Accounting Officer	1.1yrs	no data	0.0024% $ 918.7k
Neil Russell	Senior VP of Corporate Affairs & Chief Administrative Officer	1.6yrs	US$2.23m	0.0059% $ 2.2m
Kevin Kim	Vice President of Investor Relations	no data	no data	no data
Eve Mcfadden	Senior VP of Legal	5.8yrs	no data	0.0079% $ 3.0m
Jose Colondres	Vice President of Compliance	8.9yrs	no data	no data
Gregory Keller	Senior Vice President of National Accounts	1.2yrs	no data	0.0031% $ 1.2m
William Mastrosimone	Market Chief Financial Officer of Pacific	no data	no data	no data

2.5yrs

Average Tenure

53yo

Average Age

Experienced Management: 0LC6's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Hourican	CEO & Chairman	4.8yrs	US$15.60m	0.065% $ 24.5m
Larry Glasscock	Lead Independent Director	14.2yrs	US$352.44k	0.019% $ 7.3m
Sheila Talton	Independent Director	7.2yrs	US$332.44k	0.0026% $ 994.0k
Daniel Brutto	Independent Director	8.2yrs	US$332.44k	0.0072% $ 2.7m
Bradley Halverson	Independent Director	8.2yrs	US$341.19k	0.0058% $ 2.2m
John Hinshaw	Independent Director	6.6yrs	US$317.44k	0.000010% $ 3.8k
Ali Dibadj	Independent Director	2.8yrs	US$312.44k	0.0024% $ 892.4k
Jill Golder	Independent Director	2.8yrs	US$312.44k	0.0016% $ 606.2k
Roberto de Oliveira Marques	Independent Director	less than a year	no data	0.00057% $ 214.6k
Alison Paul	Independent Director	2.8yrs	US$332.44k	0.0019% $ 722.9k
Francesca Debiase	Independent Director	less than a year	US$287.44k	0% $ 0

4.8yrs

Average Tenure

63yo

Average Age

Experienced Board: 0LC6's board of directors are considered experienced (4.8 years average tenure).

Sysco Management

Management criteria checks 3/4

Key information

Recent management updates

Sysco Corporation, Annual General Meeting, Nov 15, 2024

High number of new directors

Sysco Corporation Appoints Roberto Marques to It's Board of Directors

Sysco Corporation Announces Board and Committee Changes

Sysco Corporation Announces Executive Changes

Sysco Corporation Announces Executive Changes

Recent updates

First quarter dividend of US$0.51 announced

Sysco Corporation Declares Regular Quarterly Cash Dividend, Payable on January 24, 2025

Sysco Corporation Reiterates Financial Guidance for the Fiscal Year 2025

First quarter 2025 earnings released: EPS: US$1.00 (vs US$1.00 in 1Q 2024)

Sysco Corporation Announces the Nationwide Launch of 19 Innovative, Labor-Saving Concepts Available Exclusively for Sysco Customers Through the Company's Cutting Edge Solutions Platform

Sysco Corporation, Annual General Meeting, Nov 15, 2024

Upcoming dividend of US$0.51 per share

High number of new directors

Full year 2024 earnings released: EPS: US$3.90 (vs US$3.49 in FY 2023)

Fourth quarter dividend of US$0.51 announced

Sysco Corporation Appoints Roberto Marques to It's Board of Directors

Full year 2024 earnings released: EPS: US$3.90 (vs US$3.49 in FY 2023)

Sysco Corporation to Report Q4, 2024 Results on Jul 30, 2024

Third quarter 2024 earnings released: EPS: US$0.85 (vs US$0.85 in 3Q 2023)

Sysco Corporation Announces Board and Committee Changes

Dividend of US$0.51 announced

Sysco Corporation Increases Quarterly Cash Dividend, Payable on July 26, 2024

Sysco Corporation to Report Q3, 2024 Results on Apr 30, 2024

Upcoming dividend of US$0.50 per share

Second quarter dividend of US$0.50 announced

Sysco Corporation Declares Quarterly Cash Dividend, Payable on April 26, 2024

Second quarter 2024 earnings released: EPS: US$0.82 (vs US$0.28 in 2Q 2023)

Sysco Corporation Reiterates Earnings Guidance for the Fiscal Year 2024

Sysco Corporation to Report Q2, 2024 Results on Jan 30, 2024

Upcoming dividend of US$0.50 per share at 2.7% yield

Sysco Corporation Launches One Planet. One Table., Featuring the U.S. Foodservice Assortment of Certified and Sustainably Focused Products

Sysco Corporation Declares Quarterly Dividend Payment, Payable on January 26, 2024

Sysco Corporation Announces Executive Changes

First quarter 2024 earnings released: EPS: US$1.00 (vs US$0.92 in 1Q 2023)

Sysco Corporation Announces Executive Changes

Sysco Corporation (NYSE:SYY) agreed to acquire Edward Don & Company, LLC.

Sysco Corporation (NYSE:SYY) agreed to acquire Edward Don & Company, LLC.

Sysco Corporation to Report Q1, 2024 Results on Oct 31, 2023

Sysco Corporation, Annual General Meeting, Nov 17, 2023

Upcoming dividend of US$0.50 per share at 3.1% yield

Sysco Corporation Announces Retirement of Dr. Hans-Joachim Koerber as Member of the Board, Effective November 17, 2023

Sysco Corporation Announces Executive Changes, Effective from September 1, 2023

Sysco Corporation Declares Regular Quarterly Cash Dividend, Payable on October 27, 2023

Full year 2023 earnings released: EPS: US$3.49 (vs US$2.66 in FY 2022)

Sysco Corporation to Report Q4, 2023 Results on Aug 01, 2023

Upcoming dividend of US$0.50 per share at 2.7% yield

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: US$0.85 (vs US$0.60 in 3Q 2022)

Upcoming dividend of US$0.49 per share at 2.6% yield

Independent Director recently sold US$191k worth of stock

Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.33 in 2Q 2022)

Sysco Corporation to Report Q2, 2023 Results on Jan 31, 2023

Upcoming dividend of US$0.49 per share

Aaron Alt Will Step Down as Executive Vice President of Sysco Corporation

Sysco Corporation Announces Executive Changes

Sysco Corporation Declares Quarterly Cash Dividend, Payable on January 27, 2023

First quarter 2023 earnings released: EPS: US$0.92 (vs US$0.74 in 1Q 2022)

Sysco Corporation to Report Q1, 2023 Results on Nov 01, 2022

Upcoming dividend of US$0.49 per share

Sysco Corporation Announces Management Changes

Sysco Corporation Declares Regular Quarterly Cash Dividend, Payable on October 28, 2022

Full year 2022 earnings released: EPS: US$2.66 (vs US$1.03 in FY 2021)

Paulo Peereboom Joins Sysco Corporation as Executive Vice President & President, Foodservice Operations - International

Upcoming dividend of US$0.49 per share

Third quarter 2022 earnings released: EPS: US$0.60 (vs US$0.17 in 3Q 2021)

Sysco Corporation to Report Q3, 2022 Results on May 10, 2022

Upcoming dividend of US$0.47 per share

Investor sentiment deteriorated over the past week

Sysco Corporation Accepts Ms. Lundquist’s Resignation

Sysco Declares Quarterly Dividend, Payable on April 22, 2022

Sysco Corporation (NYSE:SYY) completed the acquisition of The Coastal Companies from from Arlon Food and Agriculture Partners LP, a fund managed by Continental Grain Company Corp. and Rabo Corporate Investments B.V.

Independent Director recently sold US$186k worth of stock

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

High number of new directors