US Foods Announces Board Leadership Transition; David Tehle and David Flitman Comment
ROSEMONT, IL - US Foods Holding Corp., one of the largest foodservice distributors in the United States, announced that its Board of Directors has approved a Board leadership transition. Effective now, Dave Flitman, currently Chief Executive Officer, assumed the additional role of Chair of the Board. David Tehle, currently Chair, transitioned to the role of Lead Independent Director of the Board.
As Chair of the Board and CEO, Dave Flitman will continue to lead the company’s day-to-day operations, while working closely with the Board to guide the company’s long-term strategic direction.
As Lead Independent Director, David Tehle will retain significant responsibilities, working alongside the Chair and the full Board to continue the Board’s independent oversight role, strong corporate governance practices, and commitment to acting in the best interests of shareholders.
“The Board believes that combining the strategic oversight of the Board with the day-to-day management of the company will accelerate US Foods' long-term growth potential,” said David Tehle, Lead Independent Director. Tehle continued in the recent release, “Dave Flitman is a proven operator with deep foodservice experience. Under his strong leadership over the last three and a half years, US Foods has seen significant improvement in safety performance, share gains, supply chain productivity, and customer service levels, while delivering industry-leading earnings per share growth. At the center of these improvements has been a relentless focus on our customers and helping them Make It. I have great confidence in Dave’s ability to continue guiding the team to deliver long-term shareholder value, and I look forward to continuing to support the Board and leadership team as US Foods builds on its strong momentum.”
“I am honored and grateful for the Board’s confidence and look forward to our continued collaboration as we deliver value for our customers and shareholders, drive consistent share gains across our target customer types, and continue to advance operational excellence and productivity throughout the business,” said Dave Flitman, Chair of the Board and CEO of US Foods. “I want to thank David Tehle for his strong partnership as Chair of the Board, and I appreciate his continued support as he transitions to Lead Independent Director.”
