People: Sysco Corp (SYY)
20 Oct 2017
Mr. William J. DeLaney, III, is no longer Chief Executive Officer, Director of Sysco Corporation effective December 31, 2017. Mr. DeLaney earned a Bachelor of Business Administration degree from the University of Notre Dame, and a Master of Business Administration degree from the Wharton Graduate Division of the University of Pennsylvania. Mr. DeLaney has worked in various capacities at Sysco and its subsidiaries for more than 25 years. Through various accounting, finance, operations and management positions within Sysco and its operating companies, Mr. DeLaney has gained valuable insight into the foodservice industry, as well as Sysco’s competitive advantages and how to further build upon them. Throughout his career, Mr. DeLaney has developed experience and knowledge in the areas of leadership and management development, corporate strategy development, finance and accounting and distribution and supply chain management. Further, the Corporate Governance and Nominating Committee and the Board believe that it is appropriate and beneficial to Sysco to have its Chief Executive Officer serve as management’s voice on the Board.
|Total Annual Compensation, USD||7,266,920|
|Restricted Stock Awards, USD||2,031,330|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||4,781,560|
|Fiscal Year Total, USD||14,079,800|