| CEO Name | Andrew Iacobucci |
| Nationality | Canada |
| Net Worth Estimation | $25 million |
Andrew Iacobucci's estimated net worth of around $25 million derives from his extensive executive leadership roles at major food distribution companies, particularly as CEO of Smart Foodservice Warehouse Stores and later as a top executive at US Foods, where compensation packages include substantial salaries, bonuses, and stock options. His expertise in driving company growth and integrating acquisitions, along with longstanding industry tenure, further anchors this valuation.
Andrew Iacobucci's estimated net worth of $25,000,000 as CEO of Smart Foodservice Warehouse Stores (now US Foods CHEF'STORE) far exceeds both the minimum ($10,000,000) and maximum ($8,000,000) estimated CEO net worths for the foodservice category. His net worth is 250% higher than the minimum and 212.5% higher than the maximum estimates provided.
Business Category: Foodservice
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
Andrew Iacobucci Performance in Smart Foodservice Warehouse Stores (now US Foods CHEF’STORE)
Andrew Iacobucci, CEO of Smart Foodservice Warehouse Stores (now US Foods CHEF'STORE), demonstrated decisive leadership by streamlining operations and expanding market reach. His data-driven decision-making enhanced supply chain efficiency and customer service, driving sustained revenue growth. Iacobucci's impact solidified the company's position as a leading foodservice distributor, strengthening its competitive advantage in the industry.
Latest News
US Foods CHEF'STORE: Expansion, Rebranding, and Leadership Update
Smart Foodservice Warehouse Stores were rebranded as US Foods CHEF'STORE in March 2021 after US Foods acquired the chain in 2020, expanding its cash-and-carry retail footprint. The company recently named Irfan Badibanga as the new president of CHEF'STORE, signaling continued growth and leadership evolution.
Source: http://www.progressivegrocer.com/chefstore-names-new-president