Business News

Sysco chief operating officer to take over as CEO in 2018

Key Points
  • Sysco President and COO Tom Bené will take the reins in 2018.
  • Current CEO Bill DeLaney will advise Bene through the end of that year.

Sysco announced on Monday that its current president and chief operating officer, Tom Bené, will become CEO on Jan. 1, 2018.

Bené said in a statement that he is excited and honored by this opportunity.

His predecessor, Bill DeLaney, will advise Bené through the end of 2018.

Bené joined the company in 2013 and entered his current roles in 2016. Before Sysco, Bené was a PepsiCo employee for more than 20 years.

WATCH: Cramer says Sysco call one of most frightening he's ever been on

Cramer: This was one of the most frightening conference calls I've been on
VIDEO0:5700:57
Cramer: This was one of the most frightening conference calls I've been on