Chief Financial Officer Jim Hope to Retire From Performance Food Group

Patrick Hatcher to assume role in last quarter of 2022
PFG logo with Jim Hope photo

RICHMOND, Va. — Jim Hope (pictured), executive vice president and chief financial officer, is retiring from Performance Food Group.

“Jim has been a driving force in PFG’s tremendous growth over the past several years,” said George Holm, PFG chairman and CEO. “The depth of experience and enthusiasm he has brought to the CFO role has positioned us with the financial strength to deliver significant value to our stakeholders.

Patrick Hatcher, president and chief operating officer for PFG’s Vistar division, will transition to the role in the final quarter of 2022. Vistar is Richmond, Va.-based PFG’s wholesale distributor in the hospitality industry.

“Patrick has shown his strength as a leader since joining us in 2010,” Holm added. “We were excited to promote him to president and chief operating officer for Vistar and now we are eager to have his talents on PFG’s senior leadership team. With Jim’s mentorship and guidance over the coming months, I am looking forward to a smooth transition as PFG continues our strategic and disciplined financial approach.”

Hope has worked in the industry for more than 35 years. Early in his career with PFG, he led efforts to streamline business operations, strengthen internal best practices, develop PFG’s specialty business and guide procurement and operations strategies.

As chief financial officer, he has led PFG’s corporate finance department, overseeing accounting, tax, treasury, internal audit, investor relations and financial planning. Prior to PFG, he held executive leadership roles with Sysco Corp. for 26 years.

“I have appreciated Jim’s strong voice on my team, along with his expertise and valuable guidance,” Holm said. “On behalf of the senior leadership team, we wish him well when he embarks on his retirement in the new year.”

Hatcher joined Vistar in 2010 and has held diverse executive leadership roles spanning finance, information technology, sales and marketing. Prior to joining PFG’s family of companies, he spent 10 years with MillerCoors in finance and other functions.

“We recognize that a strong financial foundation has been key to PFG delivering on our growth strategy and for our shareholders,” Holm said. “Patrick’s understanding of our business and his expertise in finance make him an excellent choice to serve as the CFO for Performance Food Group.”

Performance Food Group is one of the largest food and foodservice distribution companies in North America with more than 150 locations in the U.S. and parts of Canada.

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