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February 12, 2016 8:27 PM ET

Food and Staples Retailing

Company Overview of US Foods, Inc.

Company Overview

US Foods, Inc. operates as a foodservice distributor in the United States. The company offers an array of fresh, frozen and dry food, and non-food products with approximately 350,000 stock-keeping units. Its principal product categories include meats and seafood; dry grocery products; refrigerated and frozen grocery products; equipment, disposables, and supplies; dairy; produce; and beverage products. The company primarily serves independently owned single and multi-location restaurants, regional concepts, national chains, hospitals, nursing homes, hotels and motels, country clubs, fitness centers, government and military organizations, colleges and universities, and retail locations. The co...

9399 West Higgins Road

Suite 500

Rosemont, IL 60018

United States

Founded in 1853

25,000 Employees

Phone:

847-720-8000

Key Executives for US Foods, Inc.

Chief Executive Officer and President
Age: 52
Chief Financial Officer and Director
Age: 49
Chief Compliance Officer, Executive Vice President, General Counsel and Director
Age: 50
Senior Vice President of Food Safety and Quality Assurance
Chief Supply Chain Officer
Age: 51
Compensation as of Fiscal Year 2015.

US Foods, Inc. Key Developments

US Foods, Inc. Declares One-Time Special Cash Distribution, Payable on January 8, 2016

On January 4, 2016, the Board of Directors of US Foods, Inc. declared a one-time special cash distribution in the aggregate amount of approximately $375 million on the company’s common stock, to be paid on January 8, 2016 to the stockholders of record of the company’s common stock as of the close of business on January 4, 2016.

USF Holding Corp. Announces Resignation of Edward Liddy as Board of Director

USF Holding Corp. announced that it has received a written letter of resignation from Edward Liddy stating that he resigned effective January 2, 2016 from his position on the Board of Directors of the company. Mr. Liddy resigned to pursue new opportunities.

US Foods Plans to Double the Size of Distribution Center in Fife, Washington

US Foods announced plans to expand its distribution center in Fife, Washington. The expansion project kicks off in late January 2016 and will nearly double the size of its current facility, allowing the company to expand its customer base and better serve chefs, restaurateurs and foodservice operators throughout the Seattle area. The planned expansion will increase the size to more than 216,000 square feet. The majority of additional space will be used for increased product storage to offer customers an expanded product offering and more readily meet their needs. Among the many improvements to the distribution center, will be a kitchen and training center that can be used for product demonstrations and customer ideation and a technology center where US Foods customers can learn about the company's mobile apps and web-based business solutions. The expansion project will also incorporate many energy and environmental improvements, such as a highly efficient cascade refrigeration system and energy saving high-output fluorescent and LED lighting. The company is making every effort to use locally sourced and recycled content furnishings and building materials. The project is expected to be complete in fall 2016.

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