Performance Food Group Company to participate in the Barclays 19th Annual Global Consumer Conference. Performance Food Group Company - Business Wire - Thu Aug 27, 6:00AM CDT Performance Food Group Company (PFG) (NYSE:PFGC) today announced that Scott McPherson, PFG President & Chief Executive Officer and Patrick Hatcher, Executive Vice President & Chief Financial Officer will participate in the Barclays 19th Annual Global Consumer Conference. PFG will webcast its fireside chat live on Thursday, September 10, 2026, at 8:15 a.m. ET. The live webcast will be available in listen-only mode on investors.pfgc.com. An archived replay of the webcast will be available later that same day. About Performance Food Group Company Performance Food Group is an industry leader and one of the largest food and foodservice distribution companies in North America with more than 150 locations. Founded and headquartered in Richmond, Virginia, PFG and our family of companies market and deliver quality food and food-related products to over 350,000 locations, including independent and chain restaurants, schools, business and industry locations, vending and office coffee service distributors, retailers, convenience stores, and theaters, and direct to consumers. PFG's success as a Fortune 100 company is achieved through our over 44,000 dedicated associates committed to building strong relationships with the valued customers, suppliers and communities we serve. To learn more about PFG, visit pfgc.com. This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here. Founders behind a $4 billion tech giant are now making a bold bet on that this little-known technology will power the AI agents of the future. Sponsored Content Follow this Author This is sponsored content. Barchart is not endorsing the websites or products set forth below. The race to build the future of software is accelerating, and some of the biggest numbers in technology are now showing up around AI coding. SpaceX, for example, has acquiredhas acquired AI coding platform Cursor for $60 billion valuation, the largest venture capital exit EVER. the largest venture capital exit EVER. But as billions pour into the companies building AI coding agents, another opportunity may be emerging underneath them. Giving AI coding agents a "brain" AI coding agents are becoming remarkably good at writing code. But enterprise software presents a much bigger challenge. A large organization might have millions of lines of code spread across hundreds of interconnected systems. An AI agent changing one component needs to understand what that change could break somewhere else. Bito's flagship product, AI Architect, creates a continuously updated map of that software environment, including code, architecture, documentation, development history, and business context. That intelligence can then be used by coding agents including Cursor, Claude Code and Codex. The early numbers are attention-grabbing. In an independent SWE-Bench Pro evaluation cited by Bito, adding AI Architect increased Claude Opus 4.6's task success rate from 51.9% to 70.1%, while reducing token costs by 47%. Bito also reports a 4.5X improvement on complex tasks involving 10 or more files. Those gains could matter enormously as corporations begin deploying AI agents across increasingly complex software systems. Built by founders who have done it before. Bito also comes with something many early-stage AI companies don't have: founders with experience building companies at significant scale. CEO and co-founder Amar Goel was the founder and original CEO of PubMatic, the advertising technology company that later went public on Nasdaq and reached a peak valuation of approximately $4 billion. CTO Anand Das also co-founded PubMatic and later served as CTO of Eyeota, which was acquired by Dun & Bradstreet. Bito has already raised more than $10 million from institutional investors and high-net-worth angels, with backers including Eniac Ventures, NextView Ventures, NGP Capital and Vela Partners. And the technology is already moving into large-scale environments. The company says it is in trials with multiple Fortune 50 customers, processing tens of millions of lines of code. One customer, Privado, reportedly used AI Architect to compress a project expected to take 7-10 days into roughly five hours of working time. The investment thesis is straightforward: there may be many winners in AI coding, but they could all need better context. Bito wants to provide it. This is a paid advertisement for Bito's Regulation CF offering. Please read the offering circular and related risks at invest.bito.com. Barchart has not reviewed, approved, or endorsed the content and was paid $3.00 per click for placement and promotion of the content on this site and other forms of public distribution covering the period of August 2026. Related symbols. | Symbol | Last | Chg | %Chg | | PFGC | 99.32 | +0.12 | +0.12% | | Performance Food Group Company |

Performance Food Group Company announces Board updates. August 20, 2026 Matthew C. Flanigan to Become Lead Independent Director Board to Be Resized to 10 Directors at 2026 Annual Meeting RICHMOND, Va.-(BUSINESS WIRE)- Performance Food Group Company ("PFG" or the "Company") (NYSE: PFGC) today announced that the independent directors of the Company's Board of Directors (the "Board") have elected Matthew C. Flanigan to serve as Lead Independent Director following PFG's 2026 Annual Meeting of Stockholders (the "Annual Meeting"). Flanigan, who currently chairs the Board's Audit and Finance Committee, will succeed Manuel A. Fernandez, who has served in the role since 2019. The Company also announced that Fernandez and directors William F. Dawson, Jr., Laura Flanagan and Scott D. Ferguson will not stand for reelection to the Board at the Annual Meeting. Following the Annual Meeting, the Board will decrease in size from 14 to 10 directors, eight of whom will be independent. In addition, George L. Holm, Executive Chair of the Board, will transition to become Non-Executive Chair, effective January 1, 2027. "On behalf of the entire Board, I want to thank Manny, Bill, Laura and Scott for their contributions to PFG," said Holm. "Over their tenures, Manny and Bill have helped guide PFG through significant transformation, including its IPO to becoming a Fortune 100 company. Laura joined as part of the Core-Mark acquisition and brought important insights in the boardroom during and beyond that successful transaction and Scott provided valuable investor perspectives during his tenure. We are grateful for their unique perspectives and the ways each has made their mark on our Company's success." Holm continued, "PFG has tremendous momentum and a clear plan focused on margin expansion, disciplined capital allocation and consistent organic sales growth, and as our new Lead Independent Director, Matt will play an important role in helping to guide this strategy. Together with Matt and the rest of the Board, I look forward to continuing to work alongside Scott McPherson and the leadership team as they execute our plan to build on our scale and diversified position across the food-away-from-home market." Flanigan said, "I am honored to have been selected to serve as Lead Independent Director. I also want to recognize Manny for his more than seven years of service in this role. His leadership on our Board and his focus on strong governance have been invaluable to PFG. Looking forward, our Board is enthusiastic about our Company's prospects, and confident that we are executing the right strategy and priorities to deliver sustainable long-term growth. We will continue to evaluate our Board's size and composition consistent with our commitment to ongoing Board refreshment." About Performance Food Group Company Performance Food Group is an industry leader and one of the largest food and foodservice distribution companies in North America with more than 150 locations. Founded and headquartered in Richmond, Virginia, PFG and its family of companies market and deliver quality food and food-related products to over 350,000 locations, including independent and chain restaurants, schools, business and industry locations, vending and office coffee service distributors, retailers, convenience stores, and theaters, and direct to consumers. PFG's success as a Fortune 100 company is achieved through its over 44,000 dedicated associates committed to building strong relationships with the valued customers, suppliers and communities Performance Food Group Company serve. To learn more about PFG, visit pfgc.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to its expectations regarding the performance of its business, its financial results, its liquidity and capital resources, and other nonhistorical statements. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. The following factors, in addition to those discussed under the section entitled Item 1A. Risk Factors in PFG's Annual Report on Form 10-K for the fiscal year ended June 27, 2026 filed with the Securities and Exchange Commission (the "SEC") on August 12, 2026, as such factors may be updated from time to time in its periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov, could cause actual future results to differ materially from those expressed in any forward-looking statements: * costs and risks associated with a potential cybersecurity incident or other technology disruption; * its reliance on technology and risks associated with disruption or delay in implementation of new technology, including artificial intelligence ("AI"), and the integration of AI into its processes; * economic factors, including inflation or other adverse changes such as a downturn in economic conditions, geopolitical events, tariff increases or modifications, or a public health crisis, negatively affecting consumer confidence and discretionary spending; * its growth and innovation strategy may not achieve the anticipated results; * competition in its industry is intense, and Performance Food Group Company may not be able to compete successfully or adjust its cost structure where one or more of its competitors successfully implement lower costs; * Performance Food Group Company do not have long-term contracts with certain customers; * group purchasing organizations may become more active in its industry and increase their efforts to add its customers as members of these organizations; * its reliance on third-party suppliers; * Performance Food Group Company operate in a low margin industry, which could increase the volatility of its results of operations; * its inability to increase its sales in the highest margin portion of its business; * changes in pricing practices of its suppliers; * its profitability is directly affected by cost inflation and deflation, commodity volatility and other factors; * volatility of fuel and other transportation costs; * risks relating to acquisitions, such as the risk that Performance Food Group Company is not able to realize the benefits of acquisitions or successfully integrate the businesses Performance Food Group Company acquire or that Performance Food Group Company incur significant integration costs; * changes in eating habits of consumers; * a portion of its sales volume is dependent upon the distribution of cigarettes and other tobacco products, sales of which are generally declining; * labor relations and cost risks and availability of qualified labor; * extreme weather conditions, including hurricane, flood, tornado, blizzard, earthquake, fire, and natural disaster damage and extreme heat or cold; * negative media exposure and other events that damage its reputation; * environmental, health, and safety costs, including compliance with current and future environmental laws and regulations relating to carbon emissions and climate change and related legal or market measures; * its inability to comply with requirements imposed by applicable law or government regulations, including changes in regulation of e-vapor products and other alternative nicotine products; * increase in excise taxes or reduction in credit terms by taxing jurisdictions; * the potential impact of product recalls and product liability claims relating to the products Performance Food Group Company distribute and other litigation; * adverse judgments or settlements or unexpected outcomes in legal proceedings; * the cost and adequacy of insurance coverage and increases in the number or severity of insurance and claims expenses; * impact of uncollectibility of accounts receivable; * risks relating to its outstanding indebtedness, including the impact of interest rate increases on its variable rate debt; and * its ability to raise additional capital on commercially reasonable terms or at all. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in its filings with the SEC. Any forward-looking statement, including any contained herein, speaks only as of the time of this release or as of the date it was made, and Performance Food Group Company do not undertake to update or revise it as more information becomes available or to disclose any facts, events, or circumstances after the date of this release or its statement, as applicable, that may affect the accuracy of any forward-looking statement, except as required by law. Investors: Bill Marshall Sr. Vice President, Investor Relations (804) 287-8108 [email protected] Media: Scott Golden Director, Communications & Engagement (804) 484-7999 [email protected] Multimedia Files: * Company's logo Download: Download original 32 KB (600 x 205) Download image: Company's logo as a original in JPG format. Opens in a new window Download thumbnail 8 KB (200 x 68) Download image: Company's logo as a thumbnail in JPG format. Opens in a new window Download lowres 38 KB (480 x 164) Download image: Company's logo as a lowres in JPG format. Opens in a new window Download square 12 KB (250 x 250) Download image: Company's logo as a square in JPG format. Opens in a new window