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July 04, 2015 5:01 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, President and Director
Age: 60
Chief Financial Officer and Director
Age: 49
Chief Operating Officer
Age: 50
Baltimore Division President
Division President of U.S. Foodservice-Los Angeles
Compensation as of Fiscal Year 2015.

US Foods, Inc. Key Developments

Sysco Corporation, US Foods, Inc. - M&A Call

To discuss additional details about the termination of the merger agreement, the share repurchase program, debt redemption and operational initiatives

US Foods, Inc. Enters into Amendment No. 4 to its Existing $1,100,000,000 ABL Credit Agreement

On June 19, 2015, US Foods Inc., as the borrower, entered into Amendment No. 4 to the company's existing $1,100,000,000 ABL Credit Agreement, dated as of June 3, 2007, as amended, among the company, certain subsidiaries of the company, the several lenders party thereto, Citicorp North America, Inc., as administrative agent, collateral agent and issuing lender for the lenders thereunder, Deutsche Bank Securities Inc., as syndication agent, and Natixis, as senior managing agent. The Amendment became effective as of June 19, 2015 and amended the ABL Credit Facility to, among other things: Extend the maturity date from May 11, 2016 to May 11, 2017.

US Foods to Close Distribution Center in Maryland, Cut 350 Jobs

US Foods is planning to close its distribution center in Severn, Anne Arundel County, in the US state of Maryland, putting over 350 jobs at risk. The operations from the Severn facility will be moved to other facilities including a center in Manassas, Virginia. The closure of US Foods' facility is the latest in the series of closures announced by various companies in the state including Unilever in Baltimore; Safran Labinal Power Systems in Salisbury; and Diageo.

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February 2, 2015
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