April 25, 2018 1:14 AM 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 It offers a range of fresh, frozen and dry food, and non-food products with approximately 400,000 stock-keeping units. The company serves independently owned single and multi-unit restaurants, regional restaurant concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations. The company was formerly known as U.S. Foodservice, Inc. and changed its name to US Foods, Inc. in September 2011. US Foods, Inc. was founded in 1853 and is headquartered in Rosemont, Illinois. US Foods, Inc. operates as a subs...

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.

Chairman & CEO
Age: 55
Chief Financial Officer
Age: 44
Chief Compliance Officer, Executive Vice President and General Counsel
Age: 49
Senior Vice President of Food Safety and Quality Assurance
Executive Vice President of Nationally Managed Business
Age: 52
Compensation as of Fiscal Year 2017.

US Foods, Inc. Key Developments

US Foods, Inc. Presents at 18th Annual Employee Health Care Conference, Mar-27-2018 10:40 AM

US Foods, Inc. Presents at 18th Annual Employee Health Care Conference, Mar-27-2018 10:40 AM. Venue: Hilton San Diego Bayfront, San Diego, California, United States. Speakers: Joseph Toniolo, Sr. Director, Health & Welfare Plans.

US Foods, Inc. Presents at Conference Board’s 18th Annual Employee Health Care Conference, Mar-08-2018 10:40 AM

US Foods, Inc. Presents at Conference Board’s 18th Annual Employee Health Care Conference, Mar-08-2018 10:40 AM. Venue: New York Marriott Marquis, 1535 Broadway, New York, United States. Speakers: Hassan Azar, SVP HR, Total Rewards.

US Foods Enters into an Amendment to Existing Term Loan Credit Agreement

On November 30, 2017, US Foods, Inc., the several lenders party thereto, Citicorp North America, Inc., as administrative agent and collateral agent, and Citibank, N.A., as new term loan lender, entered into an amendment (the Fourth Amendment") to US Foods' existing term loan credit agreement (the Existing Credit Agreement", as amended by the Fourth Amendment, the Credit Agreement"), to, among other things, amend certain pricing terms of its outstanding term loans in an aggregate principal amount of $2.173 billion. The Fourth Amendment lowers the applicable margins to 2.50% for LIBOR borrowings and 1.50% for ABR borrowings, which can be further reduced to 2.25% for LIBOR borrowings and 1.25% for ABR borrowings if the consolidated secured leverage ratio is equal to or less than 1.75:1.00 at the end of the most recent fiscal quarter, as determined by reference to a pricing grid. The LIBOR floor" for term loan borrowings bearing interest based on LIBOR is reduced to 0.00%.

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