COVID Stimulus Watch Individual Entry
Recipient Company:
Sysco Corp
Loan or Loan Guarantee Amount:
$2,408,885
Recipient Details
Ownership Structure: publicly traded (ticker symbol SYY)
Award Details
Award Date: Dec 18, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Sysco
Headquartered in: Texas
Parent Sector: wholesalers
Parent Industry: wholesalers-food products
Employees (prior to pandemic): 69,000
Accountability Issues Since 2010
Employment-related Penalties: $23,317,511
Government-contracting-related Penalties: $4,200,000
Environmental / Healthcare / Safety Penalties: $767,971
Consumer Protection / Financial / Competition-related Penalties: $19,400,000
Ratio of CEO Pay to that of Median Worker: 152 to 1
CEO Compensation: $10,742,679
Worker Median Pay: $70,801
Total Federal, State, and Local Subsidies: $28,127,746
Violation Tracker
Tax / Subsidy Issues
Environment / Safety Issues
Consumer Protection Issues