SYSCO Corporation (NYSE: SYY) announced today that Mary Beth Moehring has been promoted to vice president, training and organizational development. Mrs. Moehring, who is currently assistant vice president of training and development, will assume her new responsibilities effective July 2, the beginning of SYSCO’s fiscal year 2001.
Richard J. Schnieders, executive vice president and chief operating officer of SYSCO, said Mrs. Moehring, 42, has served at SYSCO throughout her entire business career. In 1980 she joined Sysco Food Services of Dallas as a marketing associate and the following year she transferred to SYSCO’s corporate office in Houston as coordinator of educational programs. In 1985 Mrs. Moehring was named manager of training and development, then progressed to director of training and development in 1994, and in 1996 was named senior director of training and development. The following year she was promoted to her current position. Mrs. Moehring is a graduate of the University of Houston, where she received a bachelor of science degree in hotel and restaurant management. A native of Baltimore, Maryland, she and her husband Bill reside in Houston.
SYSCO is the largest foodservice marketing and distribution organization in North America. Generating projected sales in excess of $19 billion for fiscal 2000, the company provides food and related products and services to about 325,000 to 350,000 customers, including restaurants, healthcare and educational institutions, lodging establishments and other foodservice operations. The SYSCO distribution network, supported by over 39,000 employees, currently extends throughout the entire contiguous United States and Alaska, as well as portions of Canada.
Certain statements made herein are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They include statements regarding fiscal 2000 annualized sales projections. These statements involve risks and uncertainties and are based on current expectations and management’s estimates; actual results may differ materially. Those risks and uncertainties that could impact these statements include the risks relating to the foodservice distribution industry’s sensitivity to economic conditions; the successful completion and integration of acquisitions; the risk of interruption of supplies due to lack of long-term contracts, severe weather, work stoppages or otherwise; and other risk factors detailed in SYSCO’s Form S-3 (File No. 333-34036) filed with the Securities and Exchange Commission on April 5, 2000.
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