Performance Food Group Announces Appointment of President & CEO George L. Holm to Chairman of the Board
and Manuel A. Fernandez as Lead Independent Director
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.
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
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