secwatch.observer — SEC 8-K summary
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Issuer:     US Foods Holding Corp. (USFD)
CIK:        0001665918
Form:       8-K
Filed at:   2022-11-28T23:59:59+00:00
Accession:  0001387131-22-011772
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Foods appoints Dave Flitman as CEO effective Jan 5, 2023
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- Flitman, former CEO of Builders FirstSource, succeeds Andrew Iacobucci as permanent CEO.
- Compensation includes $1.3M base salary, 150% target bonus, and long-term incentive at 555% of base.
- One-time sign-on grants: $10M in RSUs (3-year vest), $6M in PSUs (stock price goals), $3M cash award.
- Bob Dutkowsky to become non-executive Chairman effective Jan 5, 2023.
- Board expanded to 14 directors; Flitman appointed to the Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665918/000138713122011772/0001387131-22-011772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665918/000138713122011772/usfd-8k_112222.htm
  HTML page:      https://secwatch.observer/filing/0001387131-22-011772

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer