Activist investor gets two seats on Sysco board

Activist investor gets two seats on Sysco board

Nelson Peltz's Trian Fund Management now owns 7 percent of Sysco stock

Sysco Corp. gave Nelson Peltz two seats to the company’s board Thursday, just a week after it was revealed that the activist investor had taken a position in the Houston-based food distributor.

Peltz, CEO and founding partner of Trian Fund Management, along with Trian partner Josh Frank, were named to Sysco’s board of directors, effective on Friday. The move will give Sysco 12 board members.

“We are firmly committed to enhan

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