US Foods Appoints Dave Flitman As New CEO

RTTNews | 1081日前
US Foods Appoints Dave Flitman As New CEO

(RTTNews) - Foodservice distributor US Foods Holding Corp. (USFD) announced Monday that Dave Flitman will become Chief Executive Officer (CEO), effective January 5, 2023. Flitman will also be a member of the US Foods Board of Directors.

Flitman brings more than 35 years of leadership experience in food distribution, supply chain and commercial to build upon US Foods' momentum.

Since April 2021, Flitman has served as President and CEO of Builders FirstSource. He was also President and CEO at BMC Stock Holdings prior to the merger of the two companies. From 2015 to 2018, Flitman was President and CEO of Performance Foodservice, the largest segment of Performance Food Group. Prior to that, he served as COO and President, USA & Latin America at Univar; Senior Executive Vice President at Nalco; Executive Vice President and President, Water and Process Services at Ecolab and President at Allegheny Power.

Flitman began his career at DuPont where he spent two decades in various operational, commercial and global business leadership positions.

With a permanent CEO in place, Bob Dutkowsky will become non-executive Chairman of the US Foods Board of Directors effective Jan. 5, 2023. Interim CEO Andrew Iacobucci, will continue to lead US Foods until Flitman joins the company.

read more
US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported first-quarter net income available to common shareholders of $82 million or $0.33 per share, up from $75 million or $0.32 per share in the prior-year quarter.
RTTNews | 553日前
US Foods Reaffirms FY23 Outlook

US Foods Reaffirms FY23 Outlook

Ahead of the meeting with analysts and investors at the ICR Conference later on Monday, foodservice distributor US Foods Holding Corp. (USFD) reaffirmed its adjusted earnings and adjusted EBITDA guidance for the full-year 2023.
RTTNews | 675日前
US Foods Q2 Net Profit Declines; Reaffirms FY22 Adj. EPS Outlook

US Foods Q2 Net Profit Declines; Reaffirms FY22 Adj. EPS Outlook

Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported second quarter net income available to common shareholders of $61 million or $0.27 per share, up from $46 million or $0.20 per share in the prior-year quarter.
RTTNews | 1190日前
European Economic News Preview: Eurozone GDP Data Due

European Economic News Preview: Eurozone GDP Data Due

Flash GDP estimate and foreign trade from the euro area and final inflation figures from France are due on Friday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE publishes final inflation data for October. According to flash estimate, consumer price inflation eased to 1.0 percent from 1.2 percent in September.
RTTNews | 2時3分前
Indian Shares Follow Global Peers Lower

Indian Shares Follow Global Peers Lower

Indian shares opened lower on Friday, mirroring weak cues from global markets as uncertainty persists over Federal Reserve interest-rate cuts and stretched valuations in technology stocks.
RTTNews | 3時13分前
Australian Market Maintains Early Sharp Losses In Mid-market

Australian Market Maintains Early Sharp Losses In Mid-market

The Australian stock market is maintaining its early sharp losses in mid-market moves on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,650 level, with weakness across all sectors led by mining and technology stocks.
RTTNews | 4時31分前
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, reflecting uncertainty whether key U.S. economic reports will be released following the end of the longest government shutdown in U.S. history, which could alter the US Fed's decision on interest rates. Asian markets ended mostly higher on Thursday.
RTTNews | 4時52分前