Sysco rises after adding two board members to advance AI transformation
SYY•Sysco shares rise after board changes
Food distributor Sysco's SYY.N shares rise 2.3% to $84.32 in early trading.
- SYY appoints two new directors, Jason Murray and Tom Ondrof, to push AI transformation.
- Co rebrands Technology Committee to Artificial Intelligence Transformation & Technology Committee.
- SYY says D.E. Shaw supports AI initiatives and expects to help raise capital for co's planned acquisition of Jetro Restaurant Depot.
- Stock has risen nearly 12% so far this year, as per last close.
