US Foods (USFD) Issues Letter to Shareholders

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Go back to US Foods (USFD) Issues Letter to Shareholders

US Foods Sends Letter to Shareholders

May 3, 2022 8:30 AM EDT

Corrects Sachem Heads Misrepresentations

Urges Shareholders to Vote For All of US Foods Directors on the WHITE Proxy Card

ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) (US Foods or the Company), one of the largest foodservice distributors in the United States, today sent a letter to shareholders in connection with its upcoming 2022 Annual Meeting of Shareholders (Annual Meeting) scheduled for May 18, 2022, addressing several of Sachem Head Capital Management LPs (Sachem Head) false or misleading assertions.

The US Foods Board of Directors unanimously... More