Sysco Corp 8-K, filed Sep 20, 2022
Sysco Corp (SYY)
About this 8-K
Sysco Corp filed this 8-K on September 20, 2022, reporting on events of September 16, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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SECTION 5 – CORPORATE GOVERNANCE AND MANAGEMENT
| ITEM 5.02 | DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. |
Appointment of Interim Chief Accounting Officer
On September 16, 2022, the Board of Directors (the “Board”) of Sysco Corporation (“Sysco” or the “Company”) appointed Ms. Anita A. Zielinski, Senior Vice President and Chief Accounting Officer, to her new role as Senior Vice President, Chief Financial Officer – US Foodservice Operations of the Company, effective September 26, 2022 (the “Effective Date”). The Company has commenced a search for her successor and will make an announcement when her successor has been appointed. Ms. Zielinski has served as Sysco’s Chief Accounting Officer for five years, having previously worked for Ernst & Young, LLP, a public accounting firm, for over 20 years. Ms. Zielinski will broaden her financial impact at Sysco by moving into the Company’s largest business unit chief financial officer position.
Mr. Scott B. Stone, the Company’s Vice President, Financial Reporting, has been appointed by the Board to serve as interim Chief Accounting Officer from the Effective Date until the appointment of Ms. Zielinski’s successor. Mr. Stone has served as the Company’s Vice President, Financial Reporting since July 2011. Prior to joining Sysco in April 2006, Mr. Stone had served as a Senior Manager of Deloitte & Touche, LLP, a public accounting firm, from September 1996 to March 2006.
Mr. Stone does not have a written employment agreement. There is no arrangement or understanding with any person pursuant to which Mr. Stone is being elected as interim Chief Accounting Officer. There are no family relationships between Mr. Stone and any director or executive officer of the Company, and he is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.
Retirement of Director John Cassaday
On September 20, 2022, the Board announced that Mr. John M. Cassaday, a member of the Board and the Chair of the Compensation and Leadership Development Committee of the Board, will retire from his service as a director at the time of Sysco’s 2022 Annual Meeting of Stockholders, currently scheduled for November 18, 2022.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Sysco Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Sysco Corporation | ||||||
| Date: September 20, 2022 | By: | /s/ Gerald W. Clanton | ||||
| Gerald W. Clanton | ||||||
| Vice President, Legal, Deputy General Counsel and Assistant Corporate Secretary | ||||||
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