Food distributor Sysco adds two board members to advance AI transformation
· CNA · JoinRead a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST
Aug 20 : Sysco on Thursday said it has appointed two new directors with artificial intelligence and industry expertise, while also strengthening board oversight, as the food distributor pushes ahead with its AI-driven transformation.
The move comes as food and restaurant companies increasingly adopt AI tools to improve demand forecasting, inventory management, supply-chain planning and customer service.
Here are the details:
• Jason Murray, CEO of logistics technology firm Shipium and a former Amazon executive, and Tom Ondrof, former CFO of food service company Aramark, will join the board on September 1, increasing its size to 13 directors.
CNA Games
Guess Word
Crack the word, one row at a time
Buzzword
Create words using the given letters
Mini Sudoku
Tiny puzzle, mighty brain teaser
Mini Crossword
Small grid, big challenge
Word Search
Spot as many words as you can
Show More
Show Less
• The Houston-based company also said its Technology Committee has been renamed the Artificial Intelligence Transformation & Technology Committee, with Murray joining the panel.
• The company expects $100 million in savings from AI, automation and process improvements in fiscal 2027, contributing to revenue growth of 6 per cent to 7 per cent and adjusted EPS growth of 9 per cent to 11 per cent, per its August outlook.
• Sysco said long-time shareholder D.E. Shaw supports its AI initiatives and expects to participate in the capital raise for the company's planned acquisition of Jetro Restaurant Depot.
Newsletter
Week in Review
Subscribe to our Chief Editor’s Week in Review
Our chief editor shares analysis and picks of the week's biggest news every Saturday.
Sign up for our newsletters
Get our pick of top stories and thought-provoking articles in your inbox
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app