Sysco Corporation (NYSE: SYY) announced the appointment of two new independent directors and the formation of an Artificial Intelligence Transformation & Technology Committee, effective September 1, 2026. The additions expand the company's board to 13 members.
Jason Murray, co-founder and CEO of Shipium Corp., will join the AI committee. Murray brings 19 years of experience at Amazon, where he led supply chain optimization and retail systems development, including Amazon's supply chain data science technology. Tom Ondrof, former executive vice president and CFO of Aramark Corporation, will serve on the Audit Committee. Ondrof previously held leadership roles at Aramark, Performance Food Group, and Compass Group.
Sysco converted its existing Technology Committee into the AI-focused oversight body, which has already begun monthly meetings with management to monitor the company's AI transformation initiatives and technology strategy. The company operates 333 distribution centers across 10 countries, employs 75,000 people, and serves approximately 670,000 customer locations.
The board changes coincide with Sysco's fiscal 2027 guidance, issued on August 4, 2026, projecting revenue growth of 6% to 7% on a 53-week basis. Adjusted earnings per share are expected to rise 9% to 11%. The outlook incorporates a $100 million cost-savings program driven by AI-driven process improvements, automation, and operating efficiencies.
Sysco disclosed a long-standing relationship with D. E. Shaw Group, which has been an investor for more than a decade and is expected to participate in the capital raise for the pending acquisition of Jetro Restaurant Depot. Sysco reported sales exceeding $84 billion in fiscal year 2026, which ended June 27, 2026.
