Sysco names Kenny Cheung CFO, Neil Russell as CAO effective April 17, 2023

SYSCO CORP

Kenny Cheung appointed EVP & CFO effective April 17, 2023; previously CFO at Hertz Corp.
Neil Russell transitions from interim CFO to newly created Chief Administrative Officer role.
Cheung receives $765k base salary, $600k sign-on bonus, and FY23 LTI award at 325% of base.
FY23 LTI award for Cheung: 50% PSUs, 30% stock options, 20% RSUs; Russell gets $500k retention RSU.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Neil A. Russell

Senior Vice President and Chief Administrative Officer

SYY · SYSCO CORP

Effective: 2023-04-17
Successor: Kenny Cheung
Filed: March 28, 2023, 7:59 PM ET

Mr. Cheung will succeed Mr. Neil A. Russell, who will be transitioning to serve as the Company’s Senior Vice President and Chief Administrative Officer as of the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Neil A. Russell changed role as Senior Vice President and Chief Administrative Officer at SYSCO CORP.

Action: transitioned
Role: Senior Vice President and Chief Administrative Officer

Exact text from the filing

Mr. Cheung will succeed Mr. Neil A. Russell, who will be transitioning to serve as the Company’s Senior Vice President and Chief Administrative Officer as of the Effective Date.

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SYSCO CORP filing history →

Source: SEC EDGAR

accession 0000096021-23-000042

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