Sysco Corporation: Stephen F. Smith Announces Plans to Retire
Sysco Corporation (NYSE:SYY) announced today that Stephen F. Smith, the company's executive vice president, south and west U.S. foodservice operations, plans to retire effective July 3, 2010, the end of Sysco's fiscal year, reports www.megafishnet.com with reference to Sysco.
Beginning with the new fiscal year, Michael W. Green, currently executive vice president, northeast and north central U.S. foodservice operations, will assume responsibility for managing all U.S. broadline activities as executive vice president, foodservice operations.
William J. DeLaney, Sysco's president and chief executive officer, said, "We are deeply appreciative of the countless contributions Steve has brought to our company. We all wish Steve and his wife Jan a long and happy retirement."
Smith, 59, will retire following a distinguished 30-year career during which he led several Sysco operating companies. In 2002, Smith was named senior vice president of operations, southeast region, and in 2008 was promoted to his current position.
Green, 50, joined Sysco Chicago in 1991 and was named executive vice president of the Chicago operation the following year. He moved to Sysco Detroit in 1994 as president and CEO and was promoted to senior vice president operations, midwest region in 2004. Green assumed his current responsibilities in 2008. He is a graduate of Purdue University.
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. The company operates 186 distribution facilities serving approximately 400,000 customers. For the fiscal year 2009 that ended June 27, 2009, the company generated more than $36 billion in sales.