Sysco announced strategic governance and operating initiatives to accelerate its enterprise-wide AI transformation. Effective September 1, the company will add Jason Murray and Thomas Ondrof to its board, increasing it to 13 members. Murray, co-founder and CEO of Shipium and a former Amazon vice president, will join the Artificial Intelligence Transformation & Technology board committee, while Ondrof, former CFO of Aramark, will serve on the Audit Committee. Sysco also expanded the mandate of its former Technology Committee, renaming it the Artificial Intelligence Transformation & Technology Committee, which will meet monthly with management. The company reaffirmed fiscal 2027 guidance of 6% to 7% revenue growth and 9% to 11% adjusted EPS growth on a 53-week basis, including a $100 million cost-savings program driven by AI-enabled process improvements. Shares of Sysco rose 1.8% in late morning trading.
Sysco CorporationExpands AI committee and reaffirms guidance with AI-driven cost savings.
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