Sysco Appoints Kenny Cheung as Chief Financial Officer and Neil Russell as Chief Administrative Officer; Kevin Hourican Comments
HOUSTON, TX - Chief appointments are a two-for-one deal at Sysco this week. Kenny Cheung has been named as the new Chief Financial Officer, effective April 17, 2023. This means that Interim CFO Neil Russell has been appointed to the newly created position of Chief Administrative Officer.
“I’m thrilled to join Sysco at such an exciting time for the industry and organization,” said Cheung. “The company is well-positioned to continue to grow its industry leading platform and further strengthen its customer-centric approach. I look forward to working with Kevin, the management team, the talented finance team, and Sysco colleagues to help the company execute its strategic vision.”
Cheung has nearly 20 years of financial and operational executive experience, a press release stated. Most recently, he served as Executive Vice President, CFO at The Hertz Corporation, where he led the Global Finance Organization.
He also spent over a decade at Nielsen Holdings, most recently as Global Chief Audit Executive, and prior to that, as a Regional Chief Operating Officer and Regional CFO.
“Kenny is a results-oriented leader with proven financial and operational management qualifications and a track record of driving strong performance with a collaborative approach,” said Kevin Hourican, President and Chief Executive Officer. “He has extensive experience building successful financial organizations that create value for shareholders, and we look forward to partnering with him as we continue to execute our Recipe for Growth strategy.”
In addition to this appointment, Russell has become the new CAO.
“I am proud to have served as Interim CFO and excited to take on the expanded role as Chief Administrative Officer. At Sysco, we recognize that our global leadership position comes with responsibility, and I look forward to leading transformative initiatives that elevate our performance and drive value for stakeholders,” said Russell.
Russell will be responsible for implementing a portfolio of strategic initiatives including the Recipe for Growth. He will work with the executive leadership team to ensure transformational programs are on track and delivering the required financial returns.
“Neil has done an outstanding job as Interim CFO, and we are pleased that he is now taking on the role of Chief Administrative Officer, expanding his responsibilities at Sysco,” Hourican continued. “Neil is an exceptional leader that has made significant contributions to Sysco across his 17 years with the company.”
For more on the announcement, click here.
Congratulations to the newly named Chiefs!
