SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 27, 2002
SYSCO CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
1-06544 74-1648137
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(Commission File Number) (IRS Employer Identification No.)
1390 Enclave Parkway, Houston, Texas 77077-2099
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(Address of principal executive offices, including zip code)
(281) 584-1390
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(Registrant's telephone number, including area code)
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(Former name or former address, if changed since last report)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On March 27, 2002, Sysco Corporation ("SYSCO") dismissed Arthur Andersen LLP
("Andersen") as its principal accountant and engaged Ernst & Young LLP ("E&Y")
as its principal accountant. The decision to change principal accountants was
recommended by the Audit Committee and was approved by the Board of Directors of
the Company. The change will be effective immediately. During the past two
fiscal years and through the date of this Current Report, the Company has not
consulted with E&Y on any matter.
Andersen's reports on the consolidated financial statements of the Company for
the past two fiscal years did not contain an adverse opinion or a disclaimer of
opinion, nor were such reports qualified or modified as to uncertainty, audit
scope, or accounting principles. During the past two fiscal years and through
the date of this Current Report, there have been no disagreements with Andersen
on any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which, if not resolved to the
satisfaction of Andersen, would have caused it to make reference to the subject
matter in connection with its reports on the Company's consolidated financial
statements for such years, nor have there been any reportable events as listed
in Item 304(a)(1)(v) of Regulation S-K.
Andersen was provided with a copy of the statements made in the foregoing
paragraph and has furnished a letter addressed to the Commission stating that it
agrees with such statements. A copy of Andersen's letter dated March 27, 2002 is
attached hereto as Exhibit 16.1.
A copy of the press release issued by the Company regarding its change in
accountants is attached hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits.
Exhibit Number Description
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16.1 Letter from Arthur Andersen dated March 27, 2002
99.1 Press Release dated March 27, 2002
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, SYSCO has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
SYSCO CORPORATION
Date: March 27, 2002 By: /s/ John K. Stubblefield, Jr.
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Name: John K. Stubblefield, Jr.
Title: Executive Vice President,
Finance and Administration
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EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION PAGE
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16.1 Letter from Arthur Andersen
dated March 27, 2002 5
99.1 Press Release dated March 27, 2002 6
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