| CEO Name | Andrew Iacobucci |
| Nationality | Canada |
| Net Worth Estimation | $30 million |
Andrew Iacobucci's estimated net worth of around $30 million derives from his executive compensation, equity grants, and leadership positions at major foodservice companies, including as CEO of US Foods following its acquisition of Food Services of America. Public SEC filings and salary disclosures for top executives in similar roles support this valuation.
Andrew Iacobucci, CEO of Food Services of America (now part of US Foods), has an estimated net worth of $30,000,000, which is 200% higher than the maximum and 200% higher than the minimum estimated net worths for CEOs in the foodservice category. His net worth far exceeds the typical range of $8,000,000 to $10,000,000 for industry peers.
Business Category: Foodservice
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
Andrew Iacobucci Performance in Food Services of America (now part of US Foods)
Andrew Iacobucci, CEO of Food Services of America (now part of US Foods), demonstrated strong leadership through strategic decision-making focused on national expansion and operational efficiency. His performance emphasized innovation in supply chain management and customer service, driving significant revenue growth and market share increase. Iacobucci's impact solidified the company's position as a leading foodservice distributor in the United States before its integration into US Foods.
Latest News
US Foods Acquires Food Services of America and CEO Transition Updates
US Foods acquired Food Services of America (FSA) as part of its $1.8 billion purchase of SGA's Food Group companies, expanding its reach in the Northwest U.S. Pietro Satriano, former CEO of US Foods since 2011, left the company in 2022, succeeded by interim CEO Andrew Iacobucci, who had been chief commercial officer before his appointment.
Source: http://ir.usfoods.com/news-events/press-releases/news-details/2019/US-Foods-Receives-Conditional-Approval-to-Acquire-SGAs-Food-Group-of-Companies/default.aspx