Sysco Corp. (SYY) Taps Pepsi (PEP) Exec. Karna as SVP of Finance
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Dividend Yield: 3.2%
Revenue Growth %: +3.7%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 3.2%
Revenue Growth %: +3.7%
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Sysco Corporation (NYSE: SYY) announced today that Ajoy H. Karna has been named senior vice president of Finance for the corporation, effective immediately.
For the past 11 years, Karna served in various financial leadership positions at PepsiCo (NYSE: PEP) and its Frito Lay subsidiary. At Frito Lay, he was senior vice president and vice president of Finance and was responsible for field finance, national customer finance, foodservice finance, brand finance, pricing and selling/G&A. He also was senior vice president-Mergers and Acquisitions, in PepsiCo's corporate group between 2006 and 2009. Prior to that, he served in numerous roles of increasing responsibility for nine years at The Quaker Oats Company until it merged with PepsiCo in 2001.
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For the past 11 years, Karna served in various financial leadership positions at PepsiCo (NYSE: PEP) and its Frito Lay subsidiary. At Frito Lay, he was senior vice president and vice president of Finance and was responsible for field finance, national customer finance, foodservice finance, brand finance, pricing and selling/G&A. He also was senior vice president-Mergers and Acquisitions, in PepsiCo's corporate group between 2006 and 2009. Prior to that, he served in numerous roles of increasing responsibility for nine years at The Quaker Oats Company until it merged with PepsiCo in 2001.
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