US Foods to Split CEO, Chair Roles

The board of directors for one of the largest foodservice distributors in the U.S. has decided to separate the roles of CEO and chair.
Integrated Supply Network

US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the country, will separate the roles of CEO and chair, the company announced.

The change was made following a governance review by the company’s board of directors.

Robert M. Dutkowsky, currently US Foods’ independent lead director, has been elected non-executive chair. Pietro Satriano will continue as CEO and a director.

The board also elected Cheryl A. Bachelder to serve as chair of the Compensation Committee of the Board and Ann E. Ziegler to serve as chair of the Nominating & Corporate Governance Committee of the Board, effective immediately.

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