Leadership Transition Set: Performance Food Group Names Holm as Executive Chair While McPherson Assumes CEO Role

Performance Food Group Company (PFGC) has unveiled a significant restructuring of its executive leadership, effective January 1, 2026. Scott McPherson, who currently serves as Chief Operating Officer, will assume the position of Chief Executive Officer, while incumbent CEO George Holm will transition to Executive Chair of the Board of Directors.

This strategic shift represents the culmination of a multi-year succession planning process carefully orchestrated by the company’s Board of Directors. According to Manuel A. Fernandez, the Lead Independent Director, the move aligns with the broader strategic roadmap that Performance Food Group presented at its 2025 Investor Day conference earlier this year.

The appointment of Holm to the Executive Chair role positions the veteran leader to oversee board governance and long-term strategic direction, while enabling McPherson to leverage his operational expertise as the incoming chief executive. This two-tier leadership model reflects industry best practices for managing complex transitions within major food distribution and marketing enterprises.

The succession planning approach demonstrates the Board’s confidence in both executives—with Holm’s experience guiding the company’s vision and Holm’s mentorship supporting a smooth handoff to McPherson’s operational leadership. Such deliberate transitions within PFGC’s executive suite underscore the organization’s commitment to sustainable leadership continuity and strategic execution.

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