US Foods Announces Chief Commercial Officer Promotion - Modern Distribution Management

US Foods Announces Chief Commercial Officer Promotion

Andrew Iacobucci will oversee the local sales, commercial excellence, merchandising, marketing, CHEF’STORE, US Foods Direct and MOXē teams.
US Foods truck

On March 24, Illinois-based foodservice distributor US Foods announced that Andrew Iacobucci has been appointed Senior Executive Vice President, Field Operations and Chief Commercial Officer.

Andrew Iacobucci

The company said Iacobucci will oversee its local sales, commercial excellence, merchandising, marketing, CHEF’STORE, US Foods Direct and MOXē teams. He also will have profit & loss responsibility for the company’s broadline business.

Iacobucci will report to CEO Dave Flitman as a member of the company’s Executive Leadership Team, US Foods said in a news release.

“I am thrilled that Andrew is taking on this important role as Senior Executive Vice President, Field Operations and Chief Commercial Officer,” said Flitman. “Andrew is a talented, strong and respected executive, as he proved throughout his leadership as Interim CEO last year and most recently during my onboarding process. I look forward to partnering with Andrew in his new role to drive strong execution of our long-range plan.”

Iacobucci began working at US Foods in 2017 and most recently served as Chief Transition Officer, advising and supporting Flitman as he onboarded. Flitman became US Foods’ CEO in January.

Iacobucci served as Interim CEO of US Foods from May 2022 to January 2023. Prior to that, Iacobucci was Chief Commercial Officer, leading the company’s merchandising, pricing and local sales functions. He also previously served as Chief Merchandising Officer.

US Foods on Feb. 16 said that 2022 fourth-quarter net sales increase 11.5% over the prior year to $8.5 billion. Gross profit for 4Q increased 17.1% to $1.5 billion. For 2022 overall, net sales increased 15.5% to $34.1 billion, while gross profit increased 18% to $5.5 billion.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!