HOUSTON, Feb. 14, 2008 (PRIME NEWSWIRE) -- SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, announced today that Philip J. Seipp, who is currently president and chief executive officer of Sysco Food Services of Minnesota, Inc., has been promoted to chairman of the company until his retirement June 28, 2008. Timothy K. Hogan, who is president and CEO of SYSCO's New Mexico subsidiary, will succeed Mr. Seipp as president and CEO. The promotions are effective March 31, 2008.
Mr. Seipp, 65, has enjoyed a distinguished 27-year career in the foodservice distribution industry, having served in a leadership capacity from 1981 to 1988 at CFS Continental, the foodservice businesses of Staley Continental, prior to becoming associated with SYSCO. When SYSCO acquired CFS Continental in 1988, Mr. Seipp became president and CEO of the Minnesota operation. He and his wife, Kathy, have four adult children and four grandchildren and reside in Burnsville, Minnesota.
Sysco Food Services of Minnesota, Inc. provides products and services to foodservice operations including restaurants, country clubs, healthcare and educational institutions, lodging establishments, business and industry locations and other foodservice operations throughout the state.
SYSCO is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers that prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. For the fiscal year 2007, the company generated $35.0 billion in sales. For more information about SYSCO visit www.sysco.com.
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