Telecom Signaling Industry News

TMCNet:  Sysco Announces Key Executive Appointments

[March 03, 2014]

Sysco Announces Key Executive Appointments

(GlobeNewswire - Canada Via Acquire Media NewsEdge) Russell Libby, EVP-Corporate Affairs & Chief Legal Officer Adam Skorecki, SVP & General Counsel Joel Grade, SVP-Finance & Chief Accounting Officer HOUSTON, March 3, 2014 (GLOBE NEWSWIRE) -- Sysco (NYSE:SYY) announced today that Russell Libby has been named to the new position of executive vice president-Corporate Affairs and Chief Legal Officer. In this expanded role, Libby will oversee the Sysco functions of legal, communications, government relations, compliance, enterprise risk management, business development and corporate social responsibility. He will remain the Corporate Secretary.

Libby had served as Sysco's senior vice president, General Counsel and Corporate Secretary since November 2011. He joined the company in 2007 as assistant vice president-Mergers & Acquisitions and Real Estate.

"Since joining Sysco in 2007, Russell has been a valued and trusted member of the Sysco senior leadership team," said Bill DeLaney, Sysco's president and chief executive officer. "His counsel, unwavering commitment to do the right thing, and ability to steer our company through various challenges have been invaluable. We look forward to many great future contributions under Russell's leadership." Subsequently, Adam Skorecki has been named senior vice president and General Counsel. Skorecki joins Sysco from Arnall Golden Gregory, where he served as a partner in the mergers and acquisitions practice. He will be responsible for the Sysco legal areas that include contracts, litigation, employment, mergers and acquisitions, and ERISA/benefits.

"Adam brings to Sysco a wealth of corporate legal experience that will benefit our organization and stakeholders in a significant manner," Libby said. "We are excited to have Adam join the Sysco team." Additionally, Joel Grade has been named senior vice president-Finance and Chief Accounting Officer, reporting to Chris Kreidler, Sysco's executive vice president and Chief Financial Officer. Grade most recently was senior vice president-U.S. Broadline Operations (West). In his new role, he will oversee the functions of field finance (U.S. and Canada), commercial finance, financial planning and analysis, financial reporting, and shared services accounting.

"Joel is a 15-year Sysco veteran with deep knowledge and leadership experience in accounting, finance and operations," Kreidler said. "He is an excellent addition to Sysco's Finance leadership team." About Sysco Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. The company operates 193 distribution facilities serving approximately 425,000 customers. For Fiscal Year 2013 that ended June 29, 2013, the company generated sales of more than $44 billion. For more information, visit or connect with Sysco on Facebook at or Twitter at

CONTACT: For more information contact: Charley Wilson Vice President, Corporate Communications T: 281-584-2423 Shannon Mutschler Sr. Director, Investor Relations T: 281-584-1439 Source: Sysco Corporation 2014 GlobeNewswire, Inc.

[ Back To Telecom Signaling's Homepage ]

Featured Events

5G NA Signaling Day

November 14-16, 2016
Sheraton Dallas, Dallas, TX

Featured Webcasts

Securing The Signaling Interconnect: Oracle's Perspective On Recent Security Events

Today's telecommunications landscape is changing rapidly, and the "institution" of trust between networks that has been assumed over the decades is no longer relevant. We are now hearing of vulnerabilities in CSP interconnection points that have been known ...

Applications of Wi-Fi Calling

With all of the discussion about faster data access and richer content, it could be assumed that voice services no longer play an important role in the business model of the communications service provider. Join ReThink Technologies Research and Oracle Communications as we explore ...

Featured Whitepapers

Oracle Communications Diameter Signaling Router Main Differentiators

Diameter is the protocol used by network elements in LTE and 3G networks to enable and monetize services, such as voice, video and data. Diameter enables revenue-generating data services; including tiered data plans, loyalty programs, application specific QoS, content provider and Internet of Things (IoT) solutions ...

Multi-Layer Security Protection for Signaling Networks

The sanctity of mobile operators' networks and brands will depend greatly on their ability to deliver QoS guarantees to roaming and interconnect partners, while simultaneously protecting increasingly multimedia-savvy and socially connected ...

Featured Datasheets

Oracle Communications Diameter Signaling Router

Centralizing Diameter routing with cloud deployable Oracle Communications Diameter Signaling Router creates a secure signaling architecture that reduces the cost and complexity of the core network and enables elastic growth, interoperability and rapid introduction ...

Oracle Communications Mobile Security Gateway

The Oracle Communications Mobile Security Gateway is a high performance gateway that allows the Communications Service Provider (CSP) to cost effectively expand network coverage and increase capacity by incorporating Heterogeneous ...

Oracle Communications Evolved Communications Application Server

As service providers drive their networks toward an all-IP and virtualized state, they require the means to design and deliver compelling high definition voice, video and multimedia offers via Voice over LTE (VoLTE) and Voice over WiFi (VoWiFi) ...

Featured Infographic