Aaron E. Alt has been named vice president and chief financial officer of Sysco Corp., effective Dec. 7.

Mr. Alt joins Sysco from Sally Beauty Holdings, wher he was CFO and senior vice president as well as president of Sally Beauty Supply. Before that, he spent eight years with Target Corp., most recently as senior vice president of operations. He also was chief executive officer of Target Canada, senior vice president of grocery transformation and senior vice president of finance for the company. Prior to his time with Target, Mr. Alt was senior vice president and general manager of Ball Park Brands for Hillshire Brands and senior vice president and CFO of North American retail and foodservice for Sara Lee Corp. Earlier in his career, he was a partner at law firm Kirkland & Ellis.

“I’m pleased to welcome Aaron to our executive leadership team,” said Kevin Hourican, Sysco’s president and CEO. “He brings with him experience overseeing customer-centric businesses, a dynamic and flexible leadership approach as well as a proven ability to drive value creation at large organizations. The addition of Aaron to our executive leadership team will further Sysco’s ability to serve our customers and drive accelerated, profitable growth.”

Additionally, Joel Grade, currently executive vice president and CFO of Sysco, has been promoted to the newly created role of executive vice president of business development. In his new role, Mr. Grade will be tasked with accelerating organic and inorganic sales growth through new business development, including strengthening future mergers and acquisitions capabilities, the company said.

Mr. Grade has been with Sysco for nearly 24 years, in roles including senior vice president of finance, chief accounting officer, senior vice president of foodservice operations and CFO of Canadian operations.

 “I’m confident that, with his depth of expertise in our industry and his strong financial and operations experience, Joel will be instrumental in accelerating our growth and market leadership position in his new role,” Mr. Hourican said.