secwatch.observer — SEC 8-K summary
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Issuer:     US Foods Holding Corp. (USFD)
CIK:        0001665918
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0001387131-22-004052
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Foods appoints two new directors; Sachem Head demands majority board control
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- Appointed Marla Gottschalk and Quentin Roach as independent directors, effective immediately.
- John Lederer (former CEO) will retire from board at 2022 annual meeting; not due to disagreement.
- Board size temporarily increased to 12 directors; will revert to 11 after annual meeting.
- Sachem Head demands majority of board seats; US Foods offered two, but Sachem Head refuses constructive engagement.
- Company targets ~$1.7B Adjusted EBITDA by 2024, exceeding pre-COVID $1.45B pro forma.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665918/000138713122004052/0001387131-22-004052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665918/000138713122004052/usfd-8k_032922.htm
  HTML page:      https://secwatch.observer/filing/0001387131-22-004052

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