Andrew E. Iacobucci is an experienced leader who recently served as the interim CEO of US Foods Holding Corp. before transitioning out in January 2023. He was instrumental in the company during a critical time and had previously been the...
Andrew E. Iacobucci is an experienced leader who recently served as the interim CEO of US Foods Holding Corp. before transitioning out in January 2023. He was instrumental in the company during a critical time and had previously been the Executive Vice President and Chief Commercial Officer for US Foods. With a significant background in the food retail industry, Iacobucci has held various high-level positions, including at Ahold USA and Loblaw Companies, where he demonstrated his ability to drive commercial growth. Iacobucci's compensation in 2022 totaled over $2.39 million, which included a base salary of $900,000 and a bonus of over $1.49 million, linked to strong company performance metrics. Interestingly, he not only influenced the direction of US Foods but was also active in trading the company’s stock, with trades averaging around $5 million between 2021 and 2023, peaking at over $10 million. His journey reflects the challenges and opportunities within the food service industry, showing a commitment to performance and strategic growth.