SYSCO Corporation (NYSE: SYY) announced today that Peter G. Carantza has been named executive vice president of Sysco Food Services of Southeast Florida, LLC, a SYSCO Corporation subsidiary located in Riviera Beach, Florida. Currently, Mr. Carantza is senior vice president of marketing and merchandising for Sysco Food Services of Jacksonville, Inc., a SYSCO subsidiary located in Jacksonville, Florida. His promotion is effective July 2, the beginning of SYSCO’s fiscal year 2001.
Richard J. Schnieders, executive vice president and chief operating officer of SYSCO, said Mr. Carantza, 43, joined SYSCO’s Jacksonville, Florida operation in 1979 as a marketing associate and advanced to district sales manager in 1983. He was promoted to director of marketing in 1987, then vice president of merchandising and marketing in 1989. He was named to his current position in 1995.
Mr. Carantza, a native of Jacksonville, Florida, earned a bachelor of science degree in marketing and business management from Jacksonville University in 1978. He and his wife Betty have two teenaged children and will be relocating to Palm Beach County in June.
Sysco Food Services of Southeast Florida, LLC provides food and related products to restaurants, healthcare and educational institutions, lodging establishments and other foodservice operations throughout portions of central and southeast Florida.
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.