Sysco Corporation is a global leader in foodservice distribution, serving millions of customers worldwide. At the helm of this industry giant is Kevin P. Hourican, who has been leading Sysco as CEO since February 2020. In April 2024, he also assumed the role of Chair of the Board.
This blog dives deep into Kevin Hourican’s career journey, net worth, and compensation to provide readers with detailed insights into his leadership and financial rewards. Whether you’re curious about corporate leadership or looking for transparency in executive pay, this post will answer all your questions.
Kevin P. Hourican: The Leader of Sysco Corporation
Kevin Hourican is not just the CEO of Sysco; he is a transformative leader who has driven significant growth and innovation for the company. With decades of experience in executive roles across major corporations, Kevin brings a wealth of expertise to Sysco.
Current Role
As the Chair of the Board and CEO of Sysco, Kevin Hourican oversees all aspects of the company’s operations, strategy, and growth. His leadership focuses on improving customer experiences, driving profitable sales growth, and expanding Sysco’s reach in specialty distribution and international markets.
Tenure at Sysco
Kevin became Sysco’s CEO in February 2020, a challenging time marked by the onset of the COVID-19 pandemic. Despite the hurdles, he led the company through a large-scale transformation, focusing on customer-centric strategies and consistent market share gains. In April 2024, he was appointed Chair of the Board, further solidifying his leadership role.
Kevin Hourican’s Career Journey
Before joining Sysco, Kevin Hourican held executive roles in other major corporations, gaining expertise in corporate strategy, supply chain management, and customer service. His previous experiences have shaped his leadership style and contributed to Sysco’s success.
CVS Health Corporation
Kevin served as Executive Vice President and President of CVS Pharmacy, overseeing CVS Health’s massive $85 billion retail business.
- Managed 9,900 retail stores and over 200,000 employees.
- Directed merchandising, marketing, supply chain, real estate, pharmacy operations, and clinical care services.
- Focused on pharmacy growth and customer engagement, which helped CVS maintain its leadership position in the healthcare retail market.
Macy’s
Before CVS, Kevin held executive leadership roles at Macy’s, where he gained expertise in corporate strategy, distribution, supply chain management, and marketing. His work at Macy’s further refined his skills in customer-focused strategies and operational excellence.
Kevin Hourican’s Leadership Impact at Sysco
Under Kevin’s leadership, Sysco has achieved record-breaking financial performance and consistent market share gains. His focus on customer satisfaction and operational efficiency has elevated Sysco’s position in the foodservice distribution industry.
Key Achievements
- Customer-Focused Transformation:
- Improved customer support systems to enhance satisfaction and loyalty.
- Expanded Sysco’s specialty distribution reach, catering to niche markets.
- International Expansion:
- Penetrated new international markets, boosting Sysco’s global presence.
- Financial Growth:
- Led Sysco to achieve record-breaking financial performance, despite industry challenges.
- Market Share Gains:
- Consistently increased Sysco’s market share through innovative strategies and customer-centric initiatives.
Kevin Hourican’s Net Worth
Kevin Hourican’s financial success is a reflection of his leadership at Sysco and previous roles in major corporations. His net worth has grown significantly over the years, driven by salary, bonuses, stock ownership, and equity awards.
Current Net Worth
As of September 3, 2025, Kevin Hourican’s net worth is estimated at $50.1 million.
- He owns 465,095 shares of Sysco (SYY) stock, which is a major contributor to his wealth.
Historical Net Worth
In October 2022, his net worth was approximately $33.5 million, showcasing significant growth over the past few years.
Stock Ownership
Kevin has a substantial stake in Sysco through stock ownership:
- Owns 468,500 shares of Sysco stock (recently updated).
- Previously sold 150,037 shares, further diversifying his wealth.
Kevin Hourican’s Compensation Breakdown
Executive compensation is often a topic of interest and debate. Kevin Hourican’s earnings as Sysco CEO reflect his leadership responsibilities and the company’s performance.
Total Compensation in 2024
Kevin’s total compensation for 2024 was $15,598,250, broken down as follows:
- Base Salary: $1,341,760.
- Performance Bonuses: A significant portion tied to Sysco’s financial performance and strategic achievements.
- Equity Awards: Stock options and grants that align his earnings with Sysco’s long-term success.
Comparison with Industry Standards
Kevin’s compensation is competitive within the foodservice distribution industry. It reflects Sysco’s leadership position and his role in driving growth and profitability.
Sysco’s Financial Performance Under Kevin Hourican
Sysco’s financial results play a crucial role in determining Kevin Hourican’s compensation. His leadership has contributed to both challenges and successes for the company.
Net Income
Sysco’s net income decreased to $1.83 billion in 2025. Despite this decline, the company maintained strong operational performance and customer loyalty.
Total Assets
Sysco’s total assets increased in 2025, showcasing growth in infrastructure and global reach.
Comparison with Other Industry Leaders
How does Kevin Hourican’s pay and net worth compare to other CEOs in the foodservice distribution industry? Let’s look at some key comparisons:
- US Foods CEO: Typically earns slightly less compensation due to Sysco’s larger market share and global presence.
- Performance Food Group CEO: Similar pay structure but lower overall compensation compared to Sysco’s CEO.
- Kroger CEO: Higher compensation due to Kroger’s broader retail focus and larger scale.
Kevin’s earnings are aligned with Sysco’s leadership position in the industry, making his compensation competitive yet reasonable.
Public Opinion on CEO Salaries
Executive compensation often sparks debate, especially in industries like foodservice distribution. Here’s a look at different perspectives:
Supporters’ View
- High pay is justified for CEOs who drive growth and innovation.
- Kevin Hourican’s compensation reflects his contributions to Sysco’s success.
Critics’ View
- Critics argue for a balance between CEO pay and employee wages.
- The gap between executive and employee compensation raises concerns about income inequality.
Historical CEO Compensation at Sysco
Kevin Hourican’s earnings as CEO are consistent with Sysco’s history of rewarding strong leadership. Previous CEOs earned similar compensation packages, reflecting the company’s commitment to attracting top talent.
Key Insights into Kevin Hourican’s Leadership
Kevin Hourican’s leadership at Sysco is defined by customer-centric strategies, operational efficiency, and global expansion. His compensation and net worth reflect his ability to drive growth and innovation in a competitive industry.
Why CEO Compensation Is High
- Leadership Responsibilities: CEOs oversee all aspects of company operations and strategy.
- Performance-Based Pay: Bonuses and equity awards align earnings with company success.
- Industry Standards: Competitive pay is necessary to attract and retain top talent.
FAQs
- Who is the CEO of Sysco?
Kevin P. Hourican is the CEO of Sysco Corporation, a role he has held since February 2020.
- What is Kevin Hourican’s annual salary?
His base salary in 2024 was $1,341,760, with total compensation of $15.6 million.
- How much is Kevin Hourican’s net worth?
His net worth is estimated at $50.1 million as of September 2025.
- How does Kevin Hourican’s pay compare to other industry CEOs?
His compensation is competitive and aligned with Sysco’s leadership position in the foodservice distribution industry.
- What factors determine Kevin Hourican’s compensation?
His pay is tied to Sysco’s financial performance, customer satisfaction, and shareholder returns.
Conclusion
Kevin P. Hourican’s journey from executive roles at CVS and Macy’s to leading Sysco as CEO is a testament to his expertise and leadership. With a net worth of $50.1 million and total compensation of $15.6 million, his earnings reflect his contributions to Sysco’s growth and innovation.