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AI brief of an SEC Form 8-K · Performance Food (PFGC)

Performance Food Group names Scott McPherson president and COO effective Jan. 1, 2025

Neutral Impact 3 of 5 leadership Written later

Performance Food Group said its board appointed Scott McPherson as president and chief operating officer, effective January 1, 2025, and Craig Hoskins as executive vice president and chief development officer on the same date. Hoskins will lead integration of the recently acquired Cheney Brothers and Jose Santiago businesses, and McPherson's pay package was set in connection with the changes.

Key points

  • Board appointed both executives on December 13, 2024; changes take effect January 1, 2025.
  • McPherson's base salary increased to $750,000 per year, effective December 29, 2024, with a long-term equity award target of $2,500,000.
  • McPherson received a $450,000 time-based restricted stock grant vesting in three equal installments on January 1, 2026, 2027 and 2028.
  • Hoskins, currently president and COO, will lead integration of Cheney Brothers Inc. and Jose Santiago Inc.

The filing

CompanyPerformance Food (PFGC)
Form8-K, current report
Filed with the SECDec 16, 2024, 7:00 AM ET
Accession number0000950170-24-136382

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 16, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.