PFG announces CEO succession, Scott McPherson to lead company

Performance Food Group, the Goochland County based Fortune Global 500 foodservice distributor, announced a planned leadership transition on December 19, 2025 that will take effect January 1, 2026. George Holm, who led the company through its 2015 initial public offering and has been a longtime chief executive, will transition to an executive chairman role focusing on mergers and acquisitions, customer relationships and long term strategy. Scott McPherson, who joined the company s senior leadership in 2024 and was named president and chief operating officer earlier in 2025, will assume day to day leadership as chief executive officer.

The move is being presented by company officials as a succession that maintains continuity while shifting responsibilities. PFG operates more than 150 locations and employs roughly 43,000 people, supplying a wide range of customers across multiple business segments. Those scale figures place the firm among the largest corporate presences tied to Goochland County and make its strategic direction relevant to local economic conditions.

For residents and local officials the transition reduces near term uncertainty about management turnover while signaling potential strategic activity. The executive chairman s explicit focus on mergers and acquisitions increases the likelihood that the company will pursue deals that could expand or consolidate PFG s footprint, with potential ramifications for regional distribution networks, supplier contracts and employment patterns. McPherson s rapid rise through the company s ranks suggests operational continuity, which may limit immediate changes to local operations but could still result in adjustments as acquisitions or integrations proceed.

From a policy perspective county economic development and workforce agencies will want to monitor any announcements about acquisitions, facility expansions or staffing changes that could affect the county s tax base and labor market. The succession also reflects a broader corporate governance pattern in which founders or long serving chiefs move to strategy roles while newer executives handle operations, a structure that can accelerate deal making while preserving institutional knowledge.

The transition becomes effective on January 1, 2026. Goochland County s business community can expect further details if PFG pursues acquisitions or local investments under the company s refreshed leadership structure.