Core Insights - Performance Food Group (PFG) has announced the promotion of Scott McPherson to CEO, effective January 1, 2026, succeeding George Holm who will transition to executive chair of the board [1][2] Company Leadership Transition - Scott McPherson, who joined PFG in 2021 and became COO in late 2023, will also join PFG's board of directors [2][3] - George Holm will continue to collaborate with McPherson on M&A activities, customer relationships, and the company's strategic direction [2] Executive Background - McPherson has extensive experience in convenience retailing, having previously led PFG's Core-Mark division, a significant player in the U.S. c-store foodservice solutions market [3] - As COO, McPherson has overseen PFG's convenience arm, foodservice business segment, and snacking division, Vistar [3] Strategic Vision - McPherson expressed confidence in the company's growth potential, emphasizing the importance of driving top-line performance and collaborating across diverse segments [4] - PFG has 42 out of its 150 distribution centers in the U.S. dedicated to convenience stores, highlighting its focus on this priority segment [4] - The company offers various turnkey c-store food programs, including Contiga Taqueria, Deli 55, Perfectly Southern, The Red Seal pizzeria, and Tru-Q BBQ [4]
Performance Food Group names new CEO