US Foods (USFD) Misses Q3 EPS by 1c
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Exclusive-US Foods seeks new top executives amid investor pressure -sources
November 5, 2021 3:08 PM EDTBy Jessica DiNapoli and Svea Herbst-Bayliss
(Reuters) - US Foods Holding Corp is seeking to hire a chief operating officer and replace its chief financial officer as it faces pressure from an activist investment firm to improve its operations, according to people familiar with the matter.
US Foods, the largest U.S. food distributor after Sysco Corp, has been grappling with labor shortages and supply chain issues since the onset of the COVID-19 pandemic.
While demand has picked up in the last few months with customers returning to restaurants it supplies, US Foods' profitability has yet... More
US Foods (USFD) seeking to hire COO, new CFO - Reuters
November 5, 2021 3:01 PM EDTUS Foods (NYSE: USFD) seeking to hire COO, new CFO - Reuters
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