During his time at US Foods, Andrew Iacobucci did not hold significant stock options or vested stocks, as most of his performance and wealth were tied to salary and bonuses. His compensation shifted dramatically when he stepped into the interim...
During his time at US Foods, Andrew Iacobucci did not hold significant stock options or vested stocks, as most of his performance and wealth were tied to salary and bonuses. His compensation shifted dramatically when he stepped into the interim CEO position, reflecting his critical role during a transitional period for the company. In 2022, he earned a total of $2,393,047, primarily from his base salary of $900,000 and a performance-based bonus of approximately $1.49 million. Since he forfeited any stock awards upon leaving the company, his financial standing has been closely tied to his fixed compensation rather than long-term equity ownership. This structure speaks to the importance of immediate performance metrics over long-term stock performance for executives in similar roles.