 | |
| Company type | Public |
|---|---|
| Founded | 1885; 140 years ago (1885) |
| Founder | Robert Sledd  |
| Headquarters | Richmond, Virginia, U.S. |
Key people | George Holm (chairman, president & CEO) James Hope (EVP & CFO) |
| Revenue |  US$30.398 Billion (Fiscal Year Ended July 3, 2021)[1] |
| US$200.7 Million (Fiscal Year Ended July 3, 2021)[1] | |
| US$40.7 Million (Fiscal Year Ended July 3, 2021)[1] | |
| Total assets | US$7.845 Billion (Fiscal Year Ended July 3, 2021)[1] |
| Total equity | US$2.106 Billion (Fiscal Year Ended July 3, 2021)[1] |
Number of employees | 22,770 (July 3, 2021) |
| Website | www |
Performance Food Group Company (PFG) is an American company that was founded in 1885 inRichmond, Virginia, by food peddlerJames Capers.[2][3] Headquartered inGoochland County, Virginia (just outside Richmond), the companydistributes a range of food products, and has more than 22,000 employees.[citation needed] It has three divisions, each catering to specific market segments: Performance Foodservice, Vistar, and PFG Customized.[4]
James Capers' original business which was founded in 1885, grew into Pocahontas Foods.[2][5] The company became Performance Food Group in 1987.[2] In 2008, the company announced it was to be acquired by Wellspring Capital Management andBlackstone Group for $1.3 billion.[6][7] Two other foodservice companies owned by the private equity firms, snack food distributor Vistar and Italian foodservice company Roma Foods, were then merged into PFG. PFG went public on October 2, 2015, atNYSE with issuing 14.5 million shares at $19 per share.[8] The company is also a Fortune 500 company, currently ranked at 114 as of 2021.[9][10]
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