Retail | Wholesale | Food | Beverage 2023: GEORGE L. HOLM
CHAIRMAN, PRESIDENT AND CEO, PERFORMANCE FOOD GROUP, GOOCHLAND COUNTY
Performance Food Group’s leader since 2008, Holm has worked for more than 40 years in the food service distribution industry. The Goochland-based corporation was ranked No. 91 on the 2023 Fortune 500 list, with $47.19 billion in revenue reported in fiscal year 2022, up from $30.39 billion in 2021.
After holding leadership roles with Sysco, US Foods and Alliant Foodservice, Holm was president and CEO of Vistar, a multichannel food, snack and beverage distributor. In 2008, the Blackstone Group and Wellspring Capital Management purchased PFG and merged it with a subsidiary of Vistar, creating a $10 billion corporation still carrying the PFG name. Holm became the new company’s president and CEO as part of the $1.4 billion deal.
PFG, which employs 35,000 people, went public in 2015, and Holm became its board chairman in 2019. PFG delivers food products to more than 300,000 locations in the United States and Canada, including restaurants, businesses, schools, theaters and retailers. In July, PFG purchased OLM Food Solutions, an Idaho-based pizza producer, for an undisclosed amount.