Dirk Locascio Named Chief Financial Officer, Kristin Coleman Named
General Counsel
ROSEMONT, Ill.--(BUSINESS WIRE)--
US Foods Holding Corp. (NYSE: USFD) announced today that Dirk J.
Locascio will assume the role of Chief Financial Officer, reporting to
President and Chief Executive Officer Pietro Satriano, effective
February 6, 2017. Locascio has served in a variety of finance and
accounting leadership roles with the company since 2009 and played an
integral role in the development of the company’s long-range strategic
plan. He currently serves as Senior Vice President, Financial Accounting
and Analysis, responsible for oversight of the company’s corporate
finance and accounting functions. Prior to joining US Foods, Locascio
held senior finance roles with United Airlines and in public accounting
with Arthur Andersen LLP. He is a graduate of the University of
Illinois, and serves on the Executive Committee of the Board of
Directors of the Northern Illinois Food Bank.
Locascio replaces Fareed Khan who is leaving to pursue a new opportunity
outside the company. Khan is resigning as CFO effective February 6, 2017
and will stay on in an advisory capacity until mid-February to ensure a
smooth transition.
“I’m pleased to welcome Dirk as our new CFO. His deep knowledge of US
Foods as well as his strategic leadership, financial acumen, and track
record in delivering results make him highly qualified to take on this
new role,” said Satriano. “I’d also like to thank Fareed for his
leadership over the past three years. He was instrumental in our
successful initial public offering and leaves US Foods well-positioned
for the future.”
The company also announced today that Kristin M. Coleman will join US
Foods as Executive Vice President, General Counsel and Chief Compliance
Officer, effective February 1, 2017. Reporting to President and CEO
Satriano, she will oversee all legal and compliance matters, as well as
support the Board of Directors in corporate governance matters for the
company.
An experienced general counsel, Coleman joins US Foods from Sears
Holdings Corporation, where she served as the Senior Vice President,
General Counsel and Corporate Secretary since 2014. Prior to joining
Sears, Coleman served as the Vice President, General Counsel and
Corporate Secretary for Brunswick Corporation since 2009. Before moving
in-house, Coleman was in private practice with Sidley Austin LLP.
Coleman is a graduate of Duke University and the University of Michigan
Law School. She is a member of the Economic Club of Chicago, and serves
on the Board of Directors of the Boys and Girls Club of Chicago.
“Kristin is a proven leader with exceptional experience managing legal,
regulatory, compliance, and public policy issues. We are delighted to
have her on board,” said Satriano. “She joins a strong management team
focused on growing with our target customers and executing our strategy
of Great Food. Made Easy.”
About US Foods
US Foods is one of America’s great food companies and a leading
foodservice distributor, partnering with approximately 250,000 chefs,
restaurants and foodservice operators to help their businesses succeed.
With nearly 25,000 employees and more than 60 locations, US Foods
provides its customers with a broad and innovative food offering and a
comprehensive suite of e-commerce, technology and business solutions. US
Foods is headquartered in Rosemont, Ill., and generates approximately
$23 billion in annual revenue. Discover more at www.usfoods.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170112006088/en/
Source: US Foods