US Foods names CEO Dave Flitman as board chair
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US Foods Holding Corp. (NYSE: USFD) announced that its board of directors approved a leadership transition, with Chief Executive Officer Dave Flitman assuming the additional role of chair of the board. David Tehle, who previously served as chair, transitioned to the role of lead independent director of the board.
The foodservice distributor said the changes took effect immediately. Flitman will continue leading daily operations while working with the board on long-term strategic direction. Tehle will maintain oversight responsibilities and work with the chair and full board on independent oversight and corporate governance.
Tehle stated that the board believes combining strategic oversight with day-to-day management will accelerate the company's long-term growth potential. He cited Flitman's performance over the past three and a half years, noting improvements in safety performance, market share gains, supply chain productivity and customer service levels.
Flitman expressed gratitude for the board's confidence and said he looks forward to continued collaboration to deliver value for customers and shareholders. He thanked Tehle for his partnership as board chair and ongoing support in the new role.
US Foods operates as one of the largest foodservice distributors in the United States, serving approximately 250,000 customer locations through more than 70 broadline locations and more than 90 cash and carry stores. The company employs about 30,000 associates and is headquartered in Rosemont, Illinois.
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