Performance Food Group Company (NYSE:PFGC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed, an underwritten secondary offering (the “Offering”) by certain selling stockholders of 14,092,206 shares of common stock, par value $0.01 per share, of Performance Food Group Company (the “Company”) closed on May 18, 2017. In connection with the completion of the Offering, on June 13, 2017, Prakash Melwani, a director affiliated with The Blackstone Group L.P., resigned from his position as a member of the Board of Directors of the Company, effective immediately. There are no disagreements between Mr. Melwani and the Company relating to matters concerning the Company’s operations, policies or practices.
About Performance Food Group Company (NYSE:PFGC)
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products. The Company operates through three segments: Performance Foodservice, PFG Customized and Vistar. The Performance Foodservice segment distributes a range of national brands, customer brands, and branded food and food-related products. It sells to independent or street, and multi-unit or chain, restaurants and other institutions. Its PFG Customized segment provides service to family and casual dining restaurant chains, and fast casual and quick service restaurant chains. Its Vistar segment specializes in distributing candy, snacks, beverages and other items nationally to the vending, office coffee service, theater, hospitality and other channels. Its products include a range of frozen foods, such as meats, fully prepared appetizers and entrees, and desserts; a range of canned and dry foods; fresh meats; dairy products; beverage products, and snack and other products.