leadership
confidence high
sentiment neutral
materiality 0.55
Performance Food Group EVP & Chief Development Officer Craig Hoskins to retire Jan 5, 2026
Performance Food Group Co
- Hoskins will resign as EVP & Chief Development Officer on Jan 5, 2026 and provide consulting through Dec 31, 2026.
- Consulting fee of $350,000 ($300K monthly + $50K lump sum upon release) plus $500K FY26 restricted stock grant.
- Eligible for 100% of FY26 annual bonus at actual performance level; unvested equity continues vesting during consulting.
- Subject to 18-month non-compete and non-solicitation after consulting period; 2-year executive physical benefit.
- No successor named; transition includes continued integration work with Jose Santiago.
item 5.02item 9.01