| CEO Name | Andy Mercier |
| Nationality | United States |
| Net Worth Estimation | $3 million |
Andy Mercier's estimated net worth of around $3 million is derived from his executive compensation, equity stake, and tenure as CEO of Merchants Foodservice, a leading food distribution company. Industry averages for similar roles and company size further inform this valuation, despite limited public financial disclosures.
Andy Mercier, CEO of Merchants Foodservice, has an estimated net worth of $3,000,000, which is 62.5% below the minimum and 37.5% below the maximum estimated CEO net worth for the foodservice business category. His net worth falls short of the $10,000,000 minimum and $8,000,000 maximum benchmarks by $7,000,000 and $5,000,000, respectively.
Business Category: Foodservice
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
Andy Mercier Performance in Merchants Foodservice
Andy Mercier, CEO of Merchants Foodservice, demonstrates strategic leadership by prioritizing innovation and operational efficiency. His decision-making emphasizes data-driven approaches and customer-centric solutions, driving sustained growth. Under Mercier's leadership, the company has significantly enhanced market presence and financial performance, solidifying its industry position.
Latest News
Merchants Foodservice Acquisition and CEO Andy Mercier's Leadership
Merchants Foodservice, led by CEO Andy Mercier, is a major food distributor in the southeastern U.S. that has grown significantly through acquisitions, such as the purchase of E.G. Forrest Co. in 2016, expanding its customer base to over 6,000 across ten states, with 2015 sales near $650 million. Mercier has emphasized expanding service to independent restaurants and maintaining a customer-oriented approach, bolstering Merchants' position as the 13th largest U.S. food distribution company by sales volume.
Source: http://www.delimarketnews.com/foodservice/merchants-foodservice-acquires-eg-forrest-co/jessica-donnel/wed-05112016-1213/3263