Performance Food Group (NYSE: PFGC) announced on Tuesday, September 23 2025 that Scott Ferguson, founder and managing partner of Sachem Head Capital Management LP, has joined the company’s board of directors effective immediately. The appointment brings a high‑profile activist investor onto the board, potentially reshaping the company’s strategic direction. Ferguson’s hedge fund has already urged PFG to consider a merger with rival US Foods Holding, indicating a possible shift toward consolidation in the food distribution industry.
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