Performance Food Group Company today announced that Tom Ondrof will join PFG as Executive Vice President & Chief Financial Officer, effective Oct. 1, 2016.
Ondrof will lead PFG’s corporate finance department and oversee accounting, tax, treasury, investor relations and financial planning. As a member of the executive leadership team, he will report directly to George Holm, PFG President & CEO.
Ondrof joins PFG following a 24-year career with Compass Group North America, a $14-billion global leader in contract foodservice and a subsidiary of London-based Compass Group plc. During his tenure he served as Director of Financial Planning (1991-1996), Corporate Controller (1996-1999) and Chief Financial Officer (1999-2010). He was named Chief Strategy Officer in 2010 before serving in his most recent position of Chief Development Officer from 2013-2015.
“Tom Ondrof is the ideal executive to lead our finance function, and we’re fortunate to have someone of his caliber play a key role on our executive leadership team,” said Holm. “Tom is a seasoned business leader who combines extensive foodservice experience with a significant background in strategic executive positions. While serving as CFO of Compass, he helped achieve exceptional revenue and profit growth.”
Ondrof succeeds Bob Evans, who is retiring after serving as CFO for seven years. “Bob Evans led PFG in its critical transition from a private company to a public company with a very successful IPO and an enhanced capital structure,” added Holm. “He leaves us with a very solid financial foundation and we wish him the best.”
Ondrof holds a bachelor’s degree in accounting from Wake Forest University and an MBA degree from the University of Georgia. He is a Certified Public Accountant, Certified Management Accountant and serves on the Board of Visitors for the Wake Forest University School of Business.
Source: Performance Food Group Company
A new wave of brands is emerging that promotes indulgence and rejects the notion of sacrifice. Low-maintenance “hangover” beauty products are designed to address the effects of late nights and partying without judgment or hassle, and even include cosmetics that are formulated in a way that means you can fall asleep in your makeup without feeling guilty.
The pilot will allow the company to scale circular packaging in about 18 markets over the next three years, an approach that jumps on the success of similar efforts in the company’s Indonesia ecoSPIRITS program, which launched in 2022 and is active in 38 bars.
Unilever’s focus on purpose across its brands has been a source of criticism from some of its investors. Its new CEO Hein Schumacher says the company now recognises there are some brands where the concept is simply not relevant.
