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KH

Kevin Hourican

President and Chief Executive Officer, Sysco Corporation

Appears in 1 story

Notable Quotes

"By bringing Jetro into the Sysco family, we are creating a seamless ecosystem for our customers. We are no longer just a delivery company; we are an omnichannel partner for the entire foodservice industry."

"This is a gem of a company." — describing Restaurant Depot on an investor call, March 30, 2026

Stories

Sysco bets $29 billion on Restaurant Depot to reshape food distribution

Money Moves

Leading Sysco's largest-ever acquisition

Sysco, the company that delivers food to roughly one in every six restaurants in America, announced on March 30 that it would buy Jetro Restaurant Depot—the nation's largest cash-and-carry wholesaler—for $29.1 billion. The deal would combine Sysco's truck-based delivery empire with Restaurant Depot's 166 warehouse stores where independent restaurant owners walk in, load a cart, and pay cash. If approved, it would create an omnichannel food distribution giant serving more than a million customers through both delivery and self-service.

Updated 3 hours ago