Company: SYY
Filing Date: 2025-10-03
Form Type: PX14A6G
Source: 0001214659-25-014588
Chunk: 1

Company: SYSCO CORP
Filing Date: 2025-10-03
Form: PX14A6G
Chunk 1
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to objective evaluation and oversight of management’s performance, increasing management accountability and improving the ability
of the Board to monitor whether management’s actions are in the best interests of the Company and its stockholders” and “enhances
the effectiveness of the Board as a whole.”

With Sysco governance committee member Sheila Taltonon its Board, Wintrust Financialsaid “strong corporate governance
is a critical component of our success” and listed having an independent Chair as an example of its governance “best practices.”
It further explained: “The Board has a non-executive Chairman. This position is independent from management. The Chairman leads
the Board meetings as well as meetings of the independent Directors. The CEO is a member of the Board and participates in its meetings.
The Board believes that this leadership structure is appropriate for the Company at this time because it allows for independent oversight
of management, increases management accountability and encourages an objective evaluation of management’s performance relative to
compensation. In addition, the Board recognizes that acting as Chairman of the Board is a particularly time-intensive responsibility.
Separating these roles allows the CEO to focus solely on his duties, which the Board believes better serves the Company. Separation of
the roles of Chairman and CEO also promotes risk management, enhances the independence of the Board from management, and mitigates potential
conflicts of interest between the Board and management.”

With Ali Dibadjon its Board, Janus Hendersontouts having an independent Chair—which necessarily means the role has been separated from management—as one of its governance “highlights.” It says this structure “facilitates effective, independent Board oversight of management and the Company’s strategic direction” and that at this time, its current leadership structure “in which the roles of Chair and CEO are separated, effectively enables the Board to carry out its duties.”

Will Jill Golder on its Board and governance committee, ABM
Industries in 2025 stated of its separation the roles of Chair and CEO that the structure “best serves the Board’s ability
to carry out its roles and responsibilities on behalf of ABM’s stockholders, including the Board’s oversight of ABM’s
management and ABM’s overall corporate governance.” It further said, “The Board also believes that the current structure
allows our Chief Executive Officer to focus on most effectively managing ABM.”

With Bradley Halverson on its Board, Lear Corporation emphasizes
under its “corporate governance highlights” that it “maintain[s] separate Chairperson of the Board and CEO roles.” As