Guest Supply Announces New Company Structure and Updated Name, “Guest Worldwide”
Source: Sysco Corporation
via Globe Newswire - April 10, 2019
SOMERSET, N.J., April 10, 2019 (GLOBE NEWSWIRE) -- Guest Supply, a wholly-owned subsidiary of Sysco Corporation (NYSE:SYY), announced today a restructuring of the Company, including an updated name, Guest Worldwide. The new operating structure will create three distinct business units under the parent Company, Guest Worldwide. The business units include:
· Gilchrist & Soames
o Gilchrist & Soames combines its leading amenity manufacturing capabilities with a passion for pure and innovative bath products, unwavering commitment to environmental stewardship and clean, skin-friendly formulations.
· Manchester Mills
o As one of the world’s leading textile producers, Manchester Mills is thoroughly committed to meeting the ever-changing needs of customers. With a powerful blend of unrivaled expertise and manufacturing flexibility, Manchester Mills delivers uniquely exceptional guest experiences through uncompromising quality and a relentless passion for innovation.
· Guest Supply
o With more than 40 years of experience, Guest Supply is an industry leader in hospitality supplies, serving the world’s top hotel chains and independent properties in over 100 countries as a full-spectrum distribution solution provider.
“Guest Worldwide is a global collective of dynamic, industry-leading companies with more than 40 years of unparalleled experience serving the unique needs of markets in every corner of the world,” said Paul Xenis, president and chief operating officer, Guest Worldwide.
Sandy Romoser, executive vice president, Guest Worldwide, added, “As the industry landscape evolves, we are optimizing our business model and creating a more focused and agile organization to better meet changing customer needs and drive future growth. Operating as a complementary portfolio of businesses will enable us to focus on our customers' unique needs and drive innovation across each business segment, while also leveraging a shared services model to create efficiencies.”
Xenis and Romoser will continue to lead the Guest Supply business unit, in conjunction with the responsibilities associated with their Guest Worldwide roles.
Reporting to Romoser will be Elizabeth McNulty and Roys Laux, who will be leading Manchester Mills and Gilchrist & Soames, respectively, and who will have responsibility for growing the global manufacturing business units to better meet the needs of current and future customers and their consumers.
Elizabeth McNulty has been named senior vice president and general manager, Manchester Mills. McNulty is a respected textile industry leader with more than 25 years of experience and a degree in textile engineering. She joins the Company from Westpoint Home, where she held the role of executive vice president of marketing, brand management, design and product development.
Roys Laux, currently vice president global strategy, Guest Supply, has been named senior vice president & general manager, Gilchrist & Soames. Laux joined Guest Supply in 2015 as the result of Guest Supply’s purchase of Gilchrist & Soames. During her tenure at Gilchrist and Soames, she held the role of vice-president, marketing.
For more information on Guest Worldwide, visit: guestworldwide.com.
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 67,000 associates, the company operates approximately 330 distribution facilities worldwide and serves more than 600,000 customer locations. For fiscal 2018 that ended June 30, 2018, the company generated sales of more than $58 billion.
For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at https://twitter.com/Sysco. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. Investors should also follow us at www.twitter.com/SyscoStock and download the Sysco IR App, available on the iTunes App Store and the Google Play Market. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.
About Guest Worldwide
Guest Worldwide, a Sysco company, has been the leading provider of hospitality products to the lodging industry for more than 40 years with more than 30,000 products sold in more than 25,000 well-known chains and independent properties around the globe. As the only global provider to the hotel and lodging industry, the company maintains relationships with leading hotels around the world. Manufacturing, distribution, and purchasing resources are strategically located in the United States, Canada, Europe, Asia, and the Middle East, ensuring superior product selection and availability, as well as quick and efficient response to meet virtually every need. For more information, visit www.guestworldwide.com.