George Holm Transitions to Executive Chair Role as Performance Food Group Executes Leadership Succession

Performance Food Group Company (PFGC), a major food and related products distributor, has announced a significant leadership transition effective January 1, 2026. The company promoted CEO George Holm to the position of Executive Chair of the Board of Directors, marking the next phase of the organization’s long-term strategic planning. This move represents the culmination of multi-year succession planning efforts by the company’s Board.

Leadership Change and Strategic Continuity

Following George Holm’s promotion to Executive Chair, Scott McPherson, who currently serves as Chief Operating Officer, will assume the role of Chief Executive Officer. This carefully orchestrated transition ensures operational continuity while allowing Holm to focus on board-level strategy and governance. The timing of the appointment reflects the Board’s confidence in both executives’ capabilities to guide the company forward.

Board’s Confidence in Succession Plan

Manuel A. Fernandez, Lead Independent Director, emphasized that the leadership transition stems from thorough and deliberate succession planning. “This leadership transition is the result of thorough and thoughtful multi-year succession planning by our Board and supports the strategy unveiled at PFG’s 2025 Investor Day earlier this year,” Fernandez stated. The 2025 Investor Day presentation outlined the company’s strategic direction, which this leadership structure is designed to support and execute effectively.

The transition underscores Performance Food Group’s commitment to maintaining stable leadership while ensuring the company is well-positioned for continued growth under George Holm’s strategic oversight as Executive Chair.