Performance Food Group Company (NYSE: PFGC) announced the election of Matthew C. Flanigan as Lead Independent Director at its 2026 Annual Meeting of Stockholders. Flanigan, who currently chairs the Board’s Audit and Finance Committee, will succeed Manuel A. Fernandez, who has held the role since 2019.
The company also disclosed that Fernandez, along with William F. Dawson Jr., Laura Flanagan, and Scott D. Ferguson, will not stand for re-election to the Board. Following the Annual Meeting, the Board will reduce in size from 14 to 10 directors, with eight of them independent.
George L. Holm, Executive Chair of the Board, will transition to Non-Executive Chair effective January 1, 2027. Flanigan expressed gratitude for the appointment, noting Fernandez’s seven years of service in the role.
Holm highlighted the contributions of departing directors, stating that Fernandez and Dawson guided the company through its initial public offering and subsequent growth to Fortune 100 status. Laura Flanagan joined the Board as part of the Core-Mark acquisition, while Ferguson provided investor perspectives during his tenure.
Performance Food Group operates as a food and foodservice distributor in North America, serving over 350,000 locations including restaurants, schools, retailers, convenience stores, and theaters from more than 150 distribution sites.
