SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Performance Food Group Co. – ‘8-K’ for 8/9/22 – ‘EX-99.1’

On:  Thursday, 8/11/22, at 4:50pm ET   ·   For:  8/9/22   ·   Accession #:  950170-22-16929   ·   File #:  1-37578

Previous ‘8-K’:  ‘8-K’ on / for 6/29/22   ·   Next:  ‘8-K’ on / for 8/17/22   ·   Latest:  ‘8-K’ on 4/22/24 for 4/19/24   ·   3 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/11/22  Performance Food Group Co.        8-K:5,7,9   8/09/22   12:325K                                   Donnelley … Solutions/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     76K 
 2: EX-10.1     Material Contract                                   HTML     80K 
 3: EX-99.1     Miscellaneous Exhibit                               HTML     22K 
 7: R1          Document and Entity Information                     HTML     46K 
10: XML         IDEA XML File -- Filing Summary                      XML     12K 
 8: XML         XBRL Instance -- pfgc-20220809_htm                   XML     15K 
 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      8K 
 4: EX-101.LAB  XBRL Labels -- pfgc-20220809_lab                     XML     40K 
 6: EX-101.PRE  XBRL Presentations -- pfgc-20220809_pre              XML     33K 
 5: EX-101.SCH  XBRL Schema -- pfgc-20220809                         XSD     11K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               11±    17K 
12: ZIP         XBRL Zipped Folder -- 0000950170-22-016929-xbrl      Zip     38K 


‘EX-99.1’   —   Miscellaneous Exhibit


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-99.1  

 

Exhibit 99.1

 

Performance Food Group Company Announces Chief Financial Officer Jim Hope to Retire; Transitioning the Role to Vistar President & Chief Operating Officer Patrick Hatcher Planned for Final Quarter of Calendar 2022

 

August 10, 2022, RICHMOND, Va.Performance Food Group Company (PFG) (NYSE: PFGC) today announced the upcoming retirement of Executive Vice President & Chief Financial Officer Jim Hope and the transition of the role to Patrick Hatcher, Vistar President & Chief Operating Officer during the final quarter of calendar 2022.

“Jim has been a driving force in PFG’s tremendous growth over the past several years. The depth of experience and enthusiasm he has brought to the CFO role has positioned us with the financial strength to deliver significant value to our stakeholders,” said PFG Chairman & CEO George Holm. “Patrick has shown his strength as a leader since joining us in 2010. We were excited to promote him to President & Chief Operating Officer for Vistar and now we are eager to have his talents on PFG’s senior leadership team. With Jim’s mentorship and guidance over the coming months, I am looking forward to a smooth transition as PFG continues our strategic and disciplined financial approach.”

Mr. Hope has had an impressive career in the industry for more than 35 years. Early in his career with PFG, he led efforts to streamline business operations, strengthen internal best practices, develop PFG’s Specialty business and guide procurement and operations strategies. As CFO, he has led PFG’s corporate finance department, overseeing accounting, tax, treasury, internal audit, investor relations and financial planning. Prior to PFG, Mr. Hope held executive leadership roles with Sysco Corporation for 26 years, serving as Executive Vice President of Business Transformation, Senior Vice President of Sales and Operating Company President.

“I have appreciated Jim’s strong voice on my team, along with his expertise and valuable guidance,” added Mr. Holm. “On behalf of the senior leadership team, we wish him well when he embarks on his retirement in the new year.”

Mr. Hatcher is currently President & Chief Operating Office of Vistar. He joined Vistar in 2010 and has held diverse executive leadership roles spanning finance, information technology, sales and marketing, including Vice President, Finance & Chief Financial Officer, Vistar. Prior to joining PFG’s family of companies, Mr. Hatcher spent 10 years with MillerCoors in finance and numerous other functions. He brings global experience from his roles as a senior business development producer for China.com and as an operations manager for South China Brewing Company. He currently serves as the vice chair of the NAMA Board of Directors, the U.S. convenience services industry association.

“We recognize that a strong financial foundation has been key to PFG delivering on our growth strategy and for our shareholders,” said Mr. Holm. “Patrick’s understanding of our business and his expertise in finance make him an excellent choice to serve as the CFO for Performance Food Group.” Mr. Hope added, “This is an exciting time for PFG and with Patrick’s expertise, we will be well-positioned to continue on our successful path. I am confident that the transition period will be seamless and successfully prepare Patrick for his new role.”

Scott McPherson Promoted to PFG Executive Vice President

The company has also promoted Scott McPherson to PFG Executive Vice President and President & CEO of Convenience. With this promotion, Mr. McPherson will also provide executive oversight to the Vistar segment. He will continue to report to PFG President & Chief Operating Officer Craig Hoskins.

“I’m very pleased to add Scott’s vision and voice to PFG’s senior leadership team,” said Mr. Holm. “His leadership of Core-Mark has been a driving force in our fast and successful integration of that business into PFG’s family of companies. With Scott’s expanded scope, I am looking forward to continuing growth, innovation and success for PFG.”

 

 


 

Mr. McPherson held numerous leadership roles with Core-Mark, most recently serving as President & CEO. During his 30-year career with Core-Mark, he has held Senior Vice President roles for the company’s U.S. Division, Corporate Development and Business Operations & Development and served as President and Chief Operating Officer.

About Performance Food Group Company

Performance Food Group is an industry leader and one of the largest food and foodservice distribution companies in North America with more than 150 locations in the U.S. and parts of Canada. Founded and headquartered in Richmond, Virginia, PFG, and our family of companies, market and deliver quality food and related products to 300,000+ locations including independent and chain restaurants; businesses, schools and healthcare facilities; vending and office coffee service distributors; and big box retailers, theaters and convenience stores. PFG’s success as a Fortune 200 company is achieved through our more than 30,000 dedicated associates committed to building strong relationships with the valued customers, suppliers and communities we serve. To learn more about PFG, visit pfgc.com.

 

Investors:

 

Media:

Bill Marshall

 

Scott Golden

VP, Investor Relations

 

Director, Communications & Engagement

804-287-8108

 

804-484-7873

Bill.Marshall@pfgc.com

 

Scott.Golden@pfgc.com

 

 

 



Dates Referenced Herein

This ‘8-K’ Filing    Date    Other Filings
Filed on:8/11/22None on these Dates
8/10/22
For Period end:8/9/22
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/16/23  Performance Food Group Co.        10-K        7/01/23  116:21M                                    Donnelley … Solutions/FA
11/21/22  Performance Food Group Co.        S-3ASR     11/21/22    5:237K                                   Donnelley … Solutions/FA
11/09/22  Performance Food Group Co.        10-Q       10/01/22   71:8.6M                                   Donnelley … Solutions/FA
Top
Filing Submission 0000950170-22-016929   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Fri., Apr. 26, 2:14:42.1pm ET