Bene to Succeed DeLaney as Sysco CEO

Bene to Succeed DeLaney as Sysco CEO

Tom Bené, president and chief operating officer, will succeed Bill DeLaney as CEO.

July 18, 2017

Sysco Corporation announced that its President and COO Tom Bené, will succeed current CEO Bill DeLaney effective January 1, 2018, and will join Sysco’s board of directors. DeLaney will serve as an advisor to Bené through December 31, 2018.

Bené joined Sysco in 2013 and held a variety of roles at the company before being appointed president and COO in January 2016. Since that time, Bené has been responsible for overseeing all of Sysco’s business operations, commercial functions and supply chain organization. Prior to joining Sysco, Bené held a variety of positions of increasing responsibility in marketing, sales, operations, franchise development and general management during a 23-year career at PepsiCo, culminating with his role as president of PepsiCo Foodservice.

“Today’s announcement represents the successful culmination of the board’s long-range leadership succession planning process and will result in an orderly transition,” said Sysco Board Chairman Jackie Ward. “The board is confident that our plan provides a natural progression for Sysco to continue to grow and thrive, and Tom is the ideal candidate to succeed Bill. Since joining Sysco in 2013, Tom has been a key member of our team and has proven himself as a strong leader with extensive industry experience. Importantly, with the experience he has gained in the various roles he has held, Tom is intimately familiar with Sysco’s business operations, commercial functions and supply chain organization.”

“Our vision for being our customers’ most valued and trusted business partner will continue to be the core of our success,” Bené said. “With our strong customer focused mindset, supported by operational capabilities, innovative product offerings and value-added services, I am confident that we will continue to drive Sysco’s growth, make it a great place for our associates to work and create shareholder value.”

DeLaney joined Sysco in 1987 and was named chief executive officer in 2009. He has served in several corporate and field leadership positions throughout his Sysco career, including executive vice president and chief financial officer immediately prior to assuming his current role as CEO.

“Bill has been instrumental to Sysco’s success and has taken decisive actions to oversee transformative change at Sysco through a series of investments and impactful commercial, supply chain and administrative initiatives,” Ward said. “Under his leadership, Sysco has established itself as the global leader in selling, marketing and distributing food products and is well-positioned for disciplined, profitable and sustainable growth. We are appreciative that we will continue to benefit from Bill’s expertise as chief executive officer through the remainder of the calendar year. Further, we are pleased that Bill will serve as an advisor and mentor to Tom for the year following and support his efforts to drive even greater value for Sysco’s shareholders.”