C. Michael Gray, president and chief executive officer of Performance Food Group (Nasdaq/NM:PFGC), Friday (10 August) announced that Steve Spinner has been promoted to the new position of president of the Company’s Broadline Division. Spinner has served as a broadline regional president responsible for the Company’s broadline food distribution operations in the northeast; and he will continue to be directly responsible for this region. He previously had served as president of AFI Food Service Distributors which the Company acquired in 1997. Prior to his responsibilities at AFI, Spinner was associated with IBM in sales.
Gray commented, “We have attained exceptional growth in our broadline business through internal gains as well as strategic acquisitions. We have solid potential for future expansion and believe that in this new position Steve will help us realize that opportunity. His leadership in heading our northeast operations makes us confident of his ability to assist all of our broadline units in executing our strategy and enhancing our overall competitive position. His focus will also be on ensuring that we use our combined size to maximize our procurement strength with suppliers.”
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Performance Food Group markets and distributes more than 31,000 national and private label food and food-related products to approximately 27,000 restaurants, hotels, cafeterias, schools, healthcare facilities and other institutions. For more information on Performance Food Group, visit www.pfgc.com.
Certain statements made herein are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on current expectations and management’s estimates; actual results may differ materially. The risks and uncertainties which could impact these statements include, but are not limited to, general economic conditions, the relatively low margins and economic sensitivity of the foodservice business, the Company’s reliance on major customers, the ability to identify and successfully complete acquisitions of other foodservice distributors and management of the Company’s planned growth, all as detailed from time to time in the reports filed by the Company with the Securities and Exchange Commission.
