secwatch.observer — SEC 8-K summary
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Issuer:     US Foods Holding Corp. (USFD)
CIK:        0001665918
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001387131-22-005889
Event type: leadership
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Foods CEO Satriano steps down; Iacobucci interim CEO; board adds 3 directors via Sachem Head deal
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- CEO Pietro Satriano leaves immediately; Andrew Iacobucci (CCO) appointed interim CEO; Robert Dutkowsky becomes executive chairman.
- Board increases to 13 members; appoints James Barber, Scott Ferguson (Sachem Head), David Toy effective May 18, 2022.
- Sachem Head withdraws director nominations; agrees to standstill, voting alignment, and 9.9% ownership cap.
- Board forms 5-member CEO search committee; Ferguson and Toy will serve on it.
- FY2022 guidance reaffirmed; CFO Dirk Locasio gets retention package: base salary to $700k, $250k retention payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665918/000138713122005889/0001387131-22-005889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665918/000138713122005889/usfd-8k_050922.htm
  HTML page:      https://secwatch.observer/filing/0001387131-22-005889

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