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The latest announcement is out from Performance Food Group (PFGC).
Patrick T. Hagerty, the Executive Vice President and Chief Commercial Officer of Performance Food Group Company, announced his retirement effective January 4, 2025. Until his retirement, he will maintain his salary and benefits, and continue vesting in outstanding equity. Post-retirement, Hagerty will serve as a consultant until June 30, 2025, and receive $312,500 for his services along with additional benefits including health plan participation and executive physicals. He remains eligible for a partial annual bonus and will continue vesting in equity awards, with additional retirement vesting at the end of his consulting period, while adhering to standard restrictive covenants.
For a thorough assessment of PFGC stock, go to TipRanks’ Stock Analysis page.