| CEO Name | George Holm |
| Nationality | United States |
| Net Worth Estimation | $100 million |
George Holm, CEO of Performance Food Group, which acquired Reinhart Foodservice, has amassed an estimated net worth of around $100 million primarily through executive compensation, stock holdings, and equity growth tied to PFGC's market expansion and increased valuation. His leadership during major acquisitions and the company's public offering significantly boosted both personal earnings and overall company worth.
George Holm's estimated net worth of $100,000,000 far exceeds both the minimum ($10,000,000) and maximum ($8,000,000) net worth thresholds for CEOs in the foodservice category. His net worth is 1000% of the $10,000,000 minimum, and 1250% of the $8,000,000 maximum.
Business Category: Foodservice
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
George Holm Performance in Reinhart Foodservice, LLC (now part of Performance Food Group)
George Holm, CEO of Reinhart Foodservice, LLC, demonstrated transformational leadership by driving strategic growth and operational excellence. His decision-making focused on innovation, supply chain optimization, and customer-centric solutions, significantly enhancing company performance. Under Holm's leadership, Reinhart strengthened its market position, ultimately facilitating its successful integration into Performance Food Group.
Latest News
Performance Food Group's $2 Billion Acquisition of Reinhart Foodservice
Performance Food Group (PFG) finalized the $2 billion acquisition of Reinhart Foodservice LLC, making PFG one of the largest foodservice distributors in the U.S. with about $30 billion in annual net revenue. George Holm, PFG's Chairman, President and CEO, highlighted that the acquisition broadens PFG's distribution network, improves efficiency, and expands their customer base, including a solid base of independent customers. Reinhart, part of Reyes Holdings, operates 26 distribution centers and serves over 42,000 customers nationally, providing fresh produce, protein, ingredients, and supplies.
Source: http://www.foodbusinessnews.net/articles/14058-performance-food-group-to-acquire-reinhart-foodservice