Sysco Adds Two Directors and Expands Board Oversight of AI Strategy
Filed with the SEC on · Summarized by InvestorsBot
Sysco appointed Jason Murray and former Aramark CFO Tom Ondrof to its board effective September 1, 2026, increasing the board to 13 directors; Murray will join the AI Transformation and Technology Committee, while Ondrof will join the Audit Committee. The renamed committee will meet monthly with management, supporting a fiscal 2027 outlook of 6% to 7% revenue growth and 9% to 11% adjusted EPS growth that includes a $100 million AI-enabled cost-savings program. Sysco also said D. E. Shaw expects to participate in the capital raise for its pending acquisition of Jetro Restaurant Depot, though no raise amount or transaction closing date was provided.