| CEO Name | John King |
| Nationality | United States |
| Net Worth Estimation | $10 million |
John King, the former CEO of J. Kings Food Service Professionals, amassed an estimated net worth of around $10 million through decades of leadership, equity ownership, and the profitable acquisition of his company by Sysco Corporation. This valuation factors in his compensation, retained business earnings, and proceeds from the Sysco merger.
John King, CEO of J. Kings Food Service Professionals (now part of Sysco Corporation), has an estimated net worth of $10,000,000, which is 25% higher than the estimated category maximum of $8,000,000. His net worth also matches the specified minimum for foodservice CEOs at $10,000,000 (100%).
Business Category: Foodservice
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
John King Performance in J. Kings Food Service Professionals (now part of Sysco Corporation)
John King, CEO of J. Kings Food Service Professionals, demonstrated strategic leadership by driving operational excellence and expanding market reach prior to its acquisition by Sysco Corporation. His decision-making focused on customer-centric service improvements and supply chain optimization, significantly boosting company performance and profitability. King's impactful leadership facilitated a seamless integration into Sysco, preserving client relationships and enhancing overall enterprise value.
Latest News
Sysco Corporation Acquires J. Kings Food Service Professionals
Sysco Corporation acquired J. Kings Food Service Professionals, a New York-based broadline distributor with $150 million in annual sales, founded over 45 years ago by John King. John King continues as Chief Customer Officer, with Sysco's Greg Bertrand highlighting J. Kings' strong local presence and strategic fit in Sysco's growth plan.
Source: http://www.andnowuknow.com/buyside-news/sysco-acquires-j-kings-food-service-professionals-Greg-Bertrand/jordan-okumura/64364