Holm became Performance Food Group’s leader in 2008 after more than four decades in the foodservice distribution industry, with leadership roles at Sysco, US Foods, Alliant Foodservice and Vistar. He became president and CEO of PFG when the Blackstone Group and Wellspring Capital Management purchased PFG and merged it with a subsidiary of Vistar, where Holm was president and CEO, in a $1.4 billion deal.
PFG is No. 80 on the 2025 Fortune 500 and No. 272 on the Fortune Global 500, with $58.28 billion in net sales reported in fiscal 2024.
The company, which employs about 37,000 people, went public in 2015, and Holm became its board chairman in 2019. PFG delivers food products to more than 300,000 locations in the United States and Canada, including restaurants, businesses, schools, theaters and retailers. In October 2024, PFG acquired Florida-based food
distributor Cheney Brothers, which generates about $3.2 billion in annual revenue.
Reports surfaced in early July that US Foods is exploring an acquisition of PFG, which would create the largest
U.S. foodservice distributor, with roughly $100 billion in combined revenue.