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CEOPayWatch

CEO Salary & Executive Compensation

Sysco SYY

CEO: Kevin Hourican · Food Distribution · 72,000 employees

D
Pay-for-Performance
47/100

Kevin Hourican, CEO of Sysco (SYY), earned $13.0M in total compensation in 2024. Sysco receives a Pay-for-Performance grade of D (47/100), with a CEO-to-worker pay ratio of 260:1 and a say-on-pay shareholder approval of 87.4%. The company's 3-year total shareholder return is +0.9%.

How Sysco CEO Pay Compares

Kevin Hourican's $13.0M total compensation is 0% below the Food Distribution industry median of $13.0M. The 260:1 CEO-to-worker pay ratio is 0% lower than the industry average of 260:1.

Kevin Hourican, CEO of Sysco (SYY), received $13.0M in total reported compensation. The package mix typical at this scale: a small base salary, a larger stock-award component, and performance-tied incentives that vest over multiple years based on relative TSR or earnings benchmarks.

The CEO-to-median-worker pay ratio is 260x, meaning Kevin Hourican's $13.0M total comp is roughly that many times the median $50,000 earned by Sysco workers. The ratio is in the mid-range of S&P 500 disclosures and reflects the standard public-company compensation structure. Three-year performance has been roughly flat — TSR of 0.9% alongside 0.0% revenue growth. Flat performance over a multi-year window is where pay-versus-performance debates get the most heated: large compensation packages without commensurate shareholder returns are the modal complaint at annual meetings.

Shareholders supported the compensation package at 87% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Sysco operates in Food Distribution with 72,000 employees and $76.3B in annual revenue, and currently carries a market capitalization of $40.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.

Source: SEC EDGAR — DEF 14A proxy statements for Sysco (SYY).

$13.0M
CEO Total Comp
260:1
CEO-Worker Ratio
87.4%
Say-on-Pay Vote
+0.9%
3yr TSR
$50K
Median Worker Pay

Compensation Breakdown

Kevin Hourican's $13.0M total compensation package for fiscal year 2024 includes $1.3M in base salary, $6.5M in stock awards, $1.6M in option awards, and $1.9M in bonus and non-equity incentives.

Salary$1.3M
Stock Awards$6.5M
Options$1.6M
Non-Equity Incentive$1.9M
Pension$260K
Other$1.4M

Compensation History

YearSalaryBonusStock AwardsOptionsNon-EquityOtherTotal
2024$1.3M-$6.5M$1.6M$1.9M$1.4M$13.0M
2023$1.2M-$6.2M$1.5M$1.9M$1.4M$12.3M
2022$1.2M-$5.8M$1.4M$1.8M$1.3M$11.7M

All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.

Named Executive Officers

Kevin Hourican, CEO of Sysco (SYY), earns $13.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.

Frequently Asked Questions

Kevin Hourican, CEO of Sysco (SYY), earns $13.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.

Sysco has a Pay-for-Performance Score of D (47/100). The company's 3-year total shareholder return is +0.9%, and the say-on-pay shareholder vote passed with 87.4% approval.

The CEO-to-median-worker pay ratio at Sysco is 260:1. The median worker at Sysco earns $50K per year, while CEO Kevin Hourican earns $13.0M in total compensation.

Sysco employs approximately 72,000 people. The company operates in the Food Distribution industry within the Consumer Staples sector, generating $76.3B in annual revenue.

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