RICHMOND, Va.--(BUSINESS WIRE)--
Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC)
today announced that its President & Chief Executive Officer, George L.
Holm, was appointed Chairman of PFG’s Board of Directors, effective on
January 31, 2019. Mr. Holm will succeed Douglas M. Steenland, who
resigned from his position as Chairman of the Board and as a member of
the Board on January 30, 2019. Mr. Steenland had been Chairman of the
Board since 2010.
In connection with Mr. Steenland’s resignation, the Board also appointed
current director Manuel A. Fernandez to serve as Lead Independent
Director of the Board.
“George has shown great leadership over the last decade guiding PFG from
a privately-held company to a public company and has grown the Company
significantly,” said Mr. Fernandez. “On behalf of the Board of
Directors, we are pleased to appoint George as Chairman of PFG. We have
strong confidence in George’s ability to lead the Company’s strategic
vision. I would also like to thank Doug for his leadership of our Board.”
“I want to express my sincere appreciation for Doug’s leadership. His
contributions have been invaluable to PFG and the management team. He
has served and offered guidance to Performance Food Group for nearly a
decade helping us navigate our transition to a public company,” said Mr.
Holm.
Mr. Holm will continue to serve as PFG’s President & CEO, a role he has
served in since May 2008. Over that period, PFG’s net sales have grown
from approximately $10 billion in fiscal 2009 to approximately $17.6
billion in fiscal 2018.
About Performance Food Group Company
Built on the many proud histories of our family of companies,
Performance Food Group is a customer-centric foodservice distribution
leader headquartered in Richmond, Virginia. Grounded by roots that date
back to a grocery peddler in 1885, PFG today has a nationwide network of
approximately 75 distribution centers, 15,000-plus talented associates
and more than 5,000 valued suppliers across the country. With the goal
of helping our customers thrive, we market and deliver quality food and
related products to over 150,000 locations including independent and
chain restaurants, schools, business and industry locations, healthcare
facilities, vending distributors, office coffee service distributors,
big box retailers and theaters. Building strong relationships is core to
PFG’s success – from connecting associates with great career
opportunities to connecting valued suppliers and quality products with
PFG’s broad and diverse customer base. To learn more about PFG and our
divisions, Performance Foodservice, PFG Customized and Vistar, visit pfgc.com.
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Investor Contact:
Michael D. Neese
VP, Investor
Relations
(804) 287-8126
michael.neese@pfgc.com
Media Contact:
Trisha Meade
Communications & Engagement
Manager
(804) 285-5390
communications@pfgc.com
Source: Performance Food Group Company