PFGC discloses new CFO Patrick Hatcher's comp: $550k base, $500k equity grant, $1.1M LTI target

Performance Food Group Co

Patrick Hatcher appointed EVP/CFO effective Jan 1, 2023; base salary raised to $550,000 (effective Oct 1, 2022).
FY2023 annual cash incentive target is 100% of base salary; annual long-term incentive equity target is $1,100,000.
Approved one-time $500,000 equity grant (60% performance shares based on Relative TSR, 40% time-based RSUs vesting in 3 years).
Performance shares measured over 1-yr (25%), 2-yr (25%), and 3-yr (50%) periods relative to Russell 1000 TSR.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

James D. Hope

Executive Vice President and Chief Financial Officer

PFGC · Performance Food Group Co

Effective: 2022-12-31
Successor: Patrick Hatcher
Filed: August 29, 2022, 7:59 PM ET

On August 11, 2022, Performance Food Group Company (the “Company”) filed a Form 8-K reporting the retirement of James D. Hope, the Company’s Executive Vice President and Chief Financial Officer, effective December 31, 2022, and the appointment of Patrick Hatcher as Executive Vice President and Chief Financial Officer of the Company, effective January 1, 2023 (the “Original Report”).

Appointed

Patrick Hatcher

Executive Vice President and Chief Financial Officer

PFGC · Performance Food Group Co

Effective: 2023-01-01
Filed: August 29, 2022, 7:59 PM ET

the appointment of Patrick Hatcher as Executive Vice President and Chief Financial Officer of the Company, effective January 1, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

James D. Hope retired as Executive Vice President and Chief Financial Officer at Performance Food Group Co.

Action: retired
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On August 11, 2022, Performance Food Group Company (the “Company”) filed a Form 8-K reporting the retirement of James D. Hope, the Company’s Executive Vice President and Chief Financial Officer, effective December 31, 2022, and the appointment of Patrick Hatcher as Executive Vice President and Chief Financial Officer of the Company, effective January 1, 2023 (the “Original Report”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick Hatcher was appointed as Executive Vice President and Chief Financial Officer at Performance Food Group Co.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

the appointment of Patrick Hatcher as Executive Vice President and Chief Financial Officer of the Company, effective January 1, 2023

View on SEC.gov

Performance Food Group Co filing history →

Source: SEC EDGAR

accession 0000950170-22-017857

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