Sysco Corp. (SYY) Announces Resignations of Nelson Peltz and Joshua D. Frank from Board

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Sysco Announces Changes to the Board of Directors

August 20, 2021 5:00 PM EDT

Nelson Peltz and Josh Frank to Step Down from the Board

Trian Expresses Confidence in Leadership, Business Transformation and Continued Operating Momentum

HOUSTON, Aug. 20, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, today announced that Nelson Peltz, chief executive officer and a founding partner, and Joshua D. Frank, partner and co-head of research, of Trian Fund Management, L.P. (Trian), have informed the Company that they are stepping down from the Board. Peltz and Frank indicated... More