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Sysco CEO to step down

Sysco Corp. said Jan. 13 that Tom Bené will step down from the role of president and CEO on Jan. 31.

Bené will continue with the company as an executive adviser until March 1.

The Texas-based food distributor's board chose Kevin Hourican to replace Bené, effective Feb. 1.

In a statement announcing the changes, Sysco said the moves will "enable the company to accelerate performance, fully capitalize on its scale advantages and drive meaningful operating improvements."

Hourican previously was executive vice president at CVS Health Corp. and president of CVS Pharmacy Inc.

Sysco's board also elected lead independent director Ed Shirley to replace Bené as its executive chair. Brad Halverson will become the new lead independent director. Halverson joined Sysco's board in 2016.

Both these appointments are effective Jan. 13.