HOUSTON, TX (Sept. 10) Sysco Corp. has announced that R. Chris Kreidler will join the company as executive vice president and chief financial officer. Kreidler, formerly executive vice president and cfo at C&S Wholesale Grocers, will join Sysco on October 5, 2009, and assume the cfo responsibilities from Sysco's ceo Bill DeLaney. DeLaney has carried both titles since the board of directors appointed him ceo in March of this year.
Prior to joining C&S — the second largest U.S. food wholesaler and one of America's largest private companies — in 2007, Kreidler was a senior finance executive at Yum! Brands Inc. He joined the company's predecessor, PepsiCo, in 1996 and progressed through increasingly responsible finance roles, culminating in his position as senior vice president, corporate strategy and treasurer, in which he had global responsibility for strategy, treasury, M&A, and risk management.
"Chris brings us a wealth of food industry finance experience," said DeLaney. "His broad-based financial background will complement the capabilities of our management team and better position Sysco to capitalize on future opportunities."