---
schema_version: "secwatch.filing_event.v1"
accession: "0000096021-23-000042"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2023-03-28T23:59:59+00:00"
generated_at: "2026-06-17T14:11:35.548871+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000096021-23-000042
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2023-03-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96021/000009602123000042/0000096021-23-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000009602123000042/syy-20230324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096021-23-000042
- JSON: https://secwatch.observer/filing/0000096021-23-000042.json
- Plain text: https://secwatch.observer/filing/0000096021-23-000042.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000009602123000042/0000096021-23-000042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.