Performance Food Group

Performance Food Group Introduces Black Inclusion Group Associate Resource Group

Retrieved on: 
Wednesday, January 11, 2023

Performance Food Group Company (PFG) (NYSE: PFGC) recently launched its second enterprise Associate Resource Group (ARG), the Black Inclusion Group (BIG), as part of its Diversity, Inclusion and Belonging initiatives.

Key Points: 
  • Performance Food Group Company (PFG) (NYSE: PFGC) recently launched its second enterprise Associate Resource Group (ARG), the Black Inclusion Group (BIG), as part of its Diversity, Inclusion and Belonging initiatives.
  • Led by co-chairs Tameka McCoy, Regional Director, Human Resources, and Scott Cosby, Sales Director, Convenience, Foodservice, BIG’s purpose is to advocate for the inclusion, advancement, and empowerment of Black/African American associates at PFG.
  • “The introduction of our newest ARG, BIG, allows us to continue our work to provide equitable development and growth opportunities for all PFG associates.
  • Mills, Vice President of Diversity, Inclusion & Belonging, PFG.

Performance Food Group Company to Participate in 2023 ICR Conference; Reports Preliminary Fiscal Second Quarter of 2023 Financial Results; Increases Fiscal 2023 Adjusted EBITDA Outlook

Retrieved on: 
Monday, January 9, 2023

Performance Food Group Company (PFG) (NYSE: PFGC) is participating in the 2023 ICR Conference today, as previously announced.

Key Points: 
  • Performance Food Group Company (PFG) (NYSE: PFGC) is participating in the 2023 ICR Conference today, as previously announced.
  • Ahead of the conference, PFG is announcing preliminary fiscal second quarter of 2023 financial results and is increasing its financial outlook for the full fiscal year 2023.
  • Please see the “Full Fiscal Year 2023 Outlook” and “Preliminary Financial Data” sections of this release for further discussion on Adjusted EBITDA.
  • The preliminary financial results disclosed in this release are PFG’s preliminary estimates of certain financial results for the fiscal second quarter of 2023, which are based on currently available information.

Performance Food Group Company to Participate in the 2023 ICR Conference

Retrieved on: 
Tuesday, December 27, 2022

Performance Food Group Company (PFG) (NYSE:PFGC) today announced that George Holm, PFG Chairman & Chief Executive Officer and Patrick Hatcher, President & Chief Operating Officer of Vistar and incoming PFG Chief Financial Officer, will participate in the 2023 ICR Conference.

Key Points: 
  • Performance Food Group Company (PFG) (NYSE:PFGC) today announced that George Holm, PFG Chairman & Chief Executive Officer and Patrick Hatcher, President & Chief Operating Officer of Vistar and incoming PFG Chief Financial Officer, will participate in the 2023 ICR Conference.
  • PFG will webcast its fireside chat live on Monday, January 9, 2023, at 12:30 p.m.
  • The live webcast will be available in listen-only mode on investors.pfgc.com.
  • An archived replay of the webcast will be available later that same day.

New Philanthropic Organization Launches to Support Coal Communities

Retrieved on: 
Tuesday, December 20, 2022

LEXINGTON, Ky., Dec. 20, 2022 /PRNewswire/ --America's coal-producing communities are fundamental to the growth and success of the country, but are too often overlooked for the support they need. For this reason, Ramaco Resources, Inc. (Ramaco) (NASDAQ: METC) today announced the formation of the Ramaco Foundation, a philanthropic organization that will invest in the regions where its employees work in West Virginia, Virginia and Wyoming through grant-making and partnerships with local nonprofit organizations.

Key Points: 
  • "We are proud to be a member of these communities, and for this opportunity to give back and support their success."
  • The Foundation's activities will be focused on southern West Virginia, southwestern Virginia, and Sheridan County, Wyoming, where the company has operations.
  • Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania.
  • Contiguous to the Wyoming mine, it operates a research and pilot facility focused on the production of advanced carbon products and materials from coal.

Mauloa Names New Chief Operating Officer and Advisory Board Members

Retrieved on: 
Wednesday, December 14, 2022

Mauloa, the private investment firm built for business owners, today announced the appointment of David Flyer as the firms Chief Operating Officer.

Key Points: 
  • Mauloa, the private investment firm built for business owners, today announced the appointment of David Flyer as the firms Chief Operating Officer.
  • David joins Mauloa from BOWA, one of the leading luxury home remodeling firms in the country, where he was President and Chief Operating Officer.
  • Mauloa has also finalized the composition of its advisory board, whose 10 members provide hands-on advice and guidance to the management teams of Mauloa portfolio companies.
  • The Advisory Board provides the management teams of Mauloa portfolio companies with insight, expertise, and access to high-level professional relationships.

US Foods Announces Dave Flitman as Chief Executive Officer

Retrieved on: 
Monday, November 28, 2022

US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced that Dave Flitman will become Chief Executive Officer (CEO) effective Jan. 5, 2023.

Key Points: 
  • US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced that Dave Flitman will become Chief Executive Officer (CEO) effective Jan. 5, 2023.
  • After a thoughtful and thorough search for the future leader of our great company, I am thrilled that Dave Flitman will join US Foods as Chief Executive Officer and a member of our talented Board, said Bob Dutkowsky, Executive Chairman, US Foods.
  • On behalf of our Board, I am delighted to welcome Dave to the US Foods team.
  • He was President and Chief Executive Officer at BMC Stock Holdings prior to the merger of the two companies.

Performance Food Group Company Announces $300 Million Share Repurchase Program

Retrieved on: 
Wednesday, November 16, 2022

“The decision to authorize this share repurchase program underscores the confidence PFG’s Board of Directors has in our business momentum, financial position and free cash flow profile,” said Jim Hope, PFG’s Executive Vice President and Chief Financial Officer. “This share repurchase program provides an opportunity to return capital to shareholders, while we continue to execute our main strategic priorities -- sustained, profitable, sales growth, adjusted EBITDA margin expansion and lower leverage.”

Key Points: 
  • Performance Food Group Company (PFG) (NYSE:PFGC) today announced that its Board of Directors authorized a share repurchase program for up to $300 million of the Company's common stock with a four-year term.
  • This program replaces the previously authorized $250 million share repurchase program.
  • The share repurchase program may be amended, suspended or discontinued at any time at the Companys discretion, subject to compliance with applicable laws, and does not commit the Company to repurchase any specified number of shares of its common stock.
  • 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.

Jarrod Gray Joins Morgan Samuels as Chief Financial and Operations Officer

Retrieved on: 
Wednesday, November 16, 2022

NASHVILLE, Tenn., Nov. 16, 2022 /PRNewswire/ -- Morgan Samuels , a leading retained executive search firm, announces that Jarrod Gray has been appointed as the firm's Chief Financial and Operations Officer.

Key Points: 
  • NASHVILLE, Tenn., Nov. 16, 2022 /PRNewswire/ -- Morgan Samuels , a leading retained executive search firm, announces that Jarrod Gray has been appointed as the firm's Chief Financial and Operations Officer.
  • Jarrod has more than 15 years of experience serving as a senior financial executive in distribution and manufacturing environments.
  • Jarrod joins Morgan Samuels from The Merchants Company, recently acquired by Performance Food Group where he led the firm's financial exit and transition efforts for HR, Accounting and IT functions.
  • Bert Hensley, CEO of Morgan Samuels: "We are delighted to have Jarrod on our team.

Performance Food Group Company to Host Webcast of First-Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, October 26, 2022

Performance Food Group Company (PFG) (NYSE:PFGC) will host a live audio webcast at 9 a.m.

Key Points: 
  • Performance Food Group Company (PFG) (NYSE:PFGC) will host a live audio webcast at 9 a.m.
  • ET Wednesday, Nov. 9, to discuss first-quarter fiscal 2023 financial results.
  • PFG will issue a news release with those results at approximately 7 a.m.
  • 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.

Advana Selects Vistar Media as Full Stack Technology Partner

Retrieved on: 
Monday, October 24, 2022

NEW YORK, Oct. 24, 2022 /PRNewswire-PRWeb/ -- Vistar Media, the leading global provider of software for digital out-of-home (DOOH), today announced its full suite of digital signage technology will power Advana's global network of point-of-sale screens and digital signage.

Key Points: 
  • Using Vistar's integrated solutions will enhance the performance of the Advana network, and give Advana the ability to increase yield across DOOH supply-side platforms (SSP) through Vistar's mediation product.
  • This all in one solution empowers the Advana team to focus on growing and improving its network while Vistar handles the underlying advertising and content infrastructure.
  • "We're excited for Advana to select Vistar as its technology partner to transform the retail experience."
  • Vistar Media is a geospatial technology company bridging the space between advertising ecosystems and consumer movement patterns.