(March 25) The chairman and chief executive officer of foodservice giant Sysco Corp., Houston, will step down at the end of 2002.

Charles Cotros will retire after a 28-year career at the company. Richard Schnieders, also a Sysco veteran and the company’s president and chief operating officer, will succeed Cotros.

Cotros joined Sysco in 1974, when the company merged with his family’s business, Tri-State General Food Supply, Memphis, Tenn. Since Cotros was named a corporate officer, in 1988, the company’s sales have increased from $4 billion to $21.8 billion.

Schnieders joined Sysco in 1982. He has served in various other leadership roles at the company, including executive vice president of foodservice operations and director and senior vice president of merchandising sales and multiunit accounts. He took over as president from Cotros in April 2000.