Reuters exclusively reports US Foods seeks new top executives amid investor pressure; market reacts | Reuters News Agency
Business & Finance

Reuters exclusively reports US Foods seeks new top executives amid investor pressure; market reacts

Reuters exclusively reported that the second-largest U.S. food distributor was seeking to hire a chief operating officer and replace its chief financial officer, as it faces pressure from an activist investment firm to improve its operation.

Market Impact

Shares of US Foods Holding Corp rose 1%



Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: EquitiesFood & Beverage
Regions: Americas
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
Scott Ferguson, Managing Partner and Portfolio Manager for Sachem Head Capital Management LP, presents during the 2018 Sohn Investment Conference in New York City, U.S., April 23, 2018. REUTERS/Brendan McDermid
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