Joel Grade - Sysco Chief Financial Officer, Executive Vice President

SYY Stock  USD 75.65  0.40  0.53%   

President

Mr. Joel T. Grade is Chief Financial Officer, Executive Vice President of the Company since September 2015, having been promoted from Senior Vice President Finance and Chief Accounting Officer, a position he had held since February 2014. Mr. Grade began his career at Sysco as a Staff Auditor in 1996. He was promoted to Assistant ManagerOperations Review in 1999. He transferred to Sysco Austin in 2000 as Controller, was appointed Vice PresidentFinance and CFO of Sysco Chicago in 2002, and became Vice PresidentFinance and CFO of Sysco Canada in 2007. He was promoted to Vice President, Foodservice Operations of Sysco Corporationrationrate and President of Sysco Canada in 2010 and held that position until May 2012, when he was appointed Senior Vice President, Foodservice Operations . since 2020.
Age 50
Tenure 4 years
Address 1390 Enclave Parkway, Houston, TX, United States, 77077-2099
Phone281 584 1390
Webhttps://www.sysco.com

Sysco Management Efficiency

The company has Return on Asset of 0.0747 % which means that on every $100 spent on assets, it made $0.0747 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.0657 %, implying that it generated $1.0657 on every 100 dollars invested. Sysco's management efficiency ratios could be used to measure how well Sysco manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Sysco's Return On Capital Employed is fairly stable compared to the past year. Return On Assets is likely to rise to 0.09 in 2024, whereas Return On Tangible Assets are likely to drop 0.08 in 2024. At this time, Sysco's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 14.7 B in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 317.1 M in 2024.
The company has 11.17 B in debt with debt to equity (D/E) ratio of 8.05, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Sysco has a current ratio of 1.18, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Sysco until it has trouble settling it off, either with new capital or with free cash flow. So, Sysco's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sysco sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sysco to invest in growth at high rates of return. When we think about Sysco's use of debt, we should always consider it together with cash and equity.

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Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas. Sysco Corp operates under Food Distribution classification in the United States and is traded on New York Stock Exchange. It employs 71000 people. Sysco (SYY) is traded on New York Stock Exchange in USA. It is located in 1390 Enclave Parkway, Houston, TX, United States, 77077-2099 and employs 72,000 people. Sysco is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification.

Management Performance

Sysco Leadership Team

Elected by the shareholders, the Sysco's board of directors comprises two types of representatives: Sysco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sysco. The board's role is to monitor Sysco's management team and ensure that shareholders' interests are well served. Sysco's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sysco's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kenny Cheung, CFO VP
Jennifer Johnson, Senior Officer
Alison Paul, Director
Anita Zielinski, Senior Vice President Chief Accounting Officer
Nelson Peltz, Independent Director
Judith Sansone, Executive Vice President Chief Commercial Officer
Kevin Hourican, President, Chief Executive Officer, Director
Greg Bertrand, Executive Vice President - U.S. Foodservice Operations
John Cassaday, Independent Director
Scott Charlton, Executive Vice President - Supply Chain
Jill Golder, Director
William Goetz, Senior Vice President of Sales and Marketing
Michael Foster, Executive Vice President Chief Information and Technology Officer
Thomas Bene, Chairman of the Board, President, Chief Executive Officer
Sheila Talton, Independent Director
Ryan Rumbarger, SVP Operations
Jonathan Golden, Director
Eve McFadden, Senior Vice President, Legal, General Counsel and Corporate Secretary
Ali Dibadj, Director
Ronald Phillips, Chief Human Resource Officer, Executive Vice President
Joseph Hafner, Independent Director
Daniel Brutto, Independent Director
Tim Jorgensen, Executive Vice President and Presidentident - International Foodservice Operations
Nancy Newcomb, Independent Director
Cathy ROBINSON, Executive Vice President and Chief Supply Chain Officer
Neil Russell, Chief Officer
Aaron Alt, Chief Financial Officer, Executive Vice President
Judith Craven, Independent Director
Marie Robinson, Executive Vice President Chief Supply Chain Officer
HansJoachim Koerber, Independent Director
Kevin Kim, Vice Relations
Stephen Higgs, Senior Operations
Wayne Shurts, CTO and Executive VP
Elizabeth Ubell, Senior Support
GREGORY KELLER, Senior Vice President - National Sales and President SYGMA
William Day, Executive VP of Merchandising
Joshua Frank, Independent Director
J JASPER, President and Senior Vice President- US Broadline Foodservice Operations
Larry Glasscock, Independent Director
Scott Stone, Interim Reporting
William Mastrosimone, Market Pacific
Jacquelyn Ward, Non-Executive Chairman of the Board
Ajoy Karna, Senior Vice President - International Foodservice Operations – Europe
John Hinshaw, Independent Director
R Charlton, Executive Vice President - Supply Chain
Russell Libby, Executive VP of Admin. and Corporate Secretary
Stephanie Lundquist, Independent Director
William DeLaney, President CEO, Director
Jose Colondres, Vice Compliance
Paul Moskowitz, Executive Vice President - Human Resources
David DeVane, Market Southwest
Robert Kreidler, Executive VP and Advisor
Bradley Halverson, Lead Independent Director
Joel Grade, Chief Financial Officer, Executive Vice President
Catherine Kayser, Vice President - Corporate Social Responsibility
Brian Todd, Senior Vice President of Merchandising and Marketing
Thomas Peck, Executive Vice President Chief Information and Digital Officer
Edward Shirley, Independent Chairman of the Board
Richard Tilghman, Independent Director

Sysco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Sysco a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Sysco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sysco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sysco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sysco Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Sysco's price analysis, check to measure Sysco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sysco is operating at the current time. Most of Sysco's value examination focuses on studying past and present price action to predict the probability of Sysco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sysco's price. Additionally, you may evaluate how the addition of Sysco to your portfolios can decrease your overall portfolio volatility.
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Is Sysco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sysco. If investors know Sysco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sysco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.948
Dividend Share
1.99
Earnings Share
4.09
Revenue Per Share
153.209
Quarterly Revenue Growth
0.037
The market value of Sysco is measured differently than its book value, which is the value of Sysco that is recorded on the company's balance sheet. Investors also form their own opinion of Sysco's value that differs from its market value or its book value, called intrinsic value, which is Sysco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sysco's market value can be influenced by many factors that don't directly affect Sysco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sysco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sysco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sysco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.