secwatch.observer — SEC 8-K summary
======================================

Issuer:     SYSCO CORP (SYY)
CIK:        0000096021
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001193125-26-092606
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sysco CFO Kenny Cheung resigns to join Fortune 10 firm; Brandon Sewell named interim CFO; FY26 guidance reaffirmed
--------------------------------------------------------------------------------

- Kenny Cheung resigns as EVP and CFO effective April 17, 2026, to accept a role at a Fortune 10 company.
- Board appoints Brandon Sewell, former Senior VP/CFO of U.S. operations, as interim CFO effective March 6.
- Sewell's interim CFO compensation: $420,000 base salary, 100% target cash incentive, 125% base equity award.
- Sysco reaffirms FY26 adjusted EPS at high end of $4.50-$4.60 range and 3%-5% sales growth.
- Company also confirms Q3 consensus adjusted EPS of $0.94 and USFS local case growth of at least 2.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96021/000119312526092606/0001193125-26-092606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96021/000119312526092606/d25409d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-092606

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer