Performance Food Group
Mr. Craig Howard Hoskins (Pres & COO)
Mr. James D. Hope (Exec. VP & CFO)
Summary
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products. It also sells disposables, cleaning and kitchen supplies, and related products. In addition, the company offers value-added services, such as product selection and procurement, menu development, and operational strategy. It serves independent and chain restaurants, schools, business and industry locations, hospitals, vending distributors, office coffee service distributors, retailers, convenience stores, theaters, hospitality providers, concessionaires, airport gift shops, college bookstores, corrections facilities, and impulse locations, as well as franchises and other institutional customers. Performance Food Group Company was founded in 1885 and is headquartered in Richmond, Virginia.
History
James Capers' original business which was founded on 1885, grew into Pocahontas Foods. The company became Performance Food Group in 1987. In 2008, the company announced it was to be acquired by Wellspring Capital Management and Blackstone Group for $1.3 billion. Two other foodservice companies owned by the private equity firms, snack food distributor Vistar and Italian foodservice company Roma Foods, were then merged into PFG. PFG went public on October 2, 2015, at NYSE with issuing 14.5 million shares at $19 per share. The company is also a Fortune 500 company, which currently ranked at 114 as of 2021.
Mission
We will be the innovative leader in providing customer satisfaction. In partnership with our customers, associates, vendors and sister companies, we will achieve mutually profitable growth. We will continue to operate with honesty and integrity as we support our partners and community.
Vision
Be the best at providing customer satisfaction Be the leader in creating distinctive customer relationships Be the leader in creating a distribution network focused on customer needs All companies will share resources and support each other to better service our customers Be a company focused on our associates' well-being, providing training, development, and good communication, making our associates feel involved and appreciated Be a well-known community supporter in each market
Key Team
Mr. Allen Brent King (Exec. VP, Gen. Counsel & Sec.)
Mr. Patrick T. Hagerty (Exec. VP & Chief Commercial Officer)
Ms. Christine Ranney Vlahcevic (Sr. VP & Chief Accounting Officer)
Mr. Donald S. Bulmer (Exec. VP & Chief Information Officer)
Bill Marshall C.F.A. (VP of Investor Relations)
Scott Golden (Director of Communications & Engagement)
Ms. Erika T. Davis CCP (Exec. VP & Chief HR Officer)
References
Mr. Craig Howard Hoskins (Pres & COO)
Mr. James D. Hope (Exec. VP & CFO)