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David Flitman is the current CEO of US Foods Holding Corp., having taken on the role on January 5, 2023, after a career spanning several key leadership positions in the food and construction supply industries. Prior to US Foods, he...

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David Flitman

CEO of US Foods

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

CEO of US Foods for

2 years 3 months (Jan 2023 - Present)

Previous Experience

Chief Executive Officer at Builders FirstSource, Inc.

Holdings

See how much did David Flitman make over time.

David Flitman's stock holdings have seen significant fluctuations over the years. For instance, in early 2021, his holdings were valued at approximately $34 million, climbing to as much as $123 million by March 2024. At times, he had over 95%...

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Charitable Transactions

BLDR

193,000 shares

BLDR

Recent Charitable Transactions

BLDR

193,000 shares

BLDR

Dec 31, 2021

Charity

Insider Trading

See recent insider trades of David Flitman.

USFD

66,880 shares

USFD

Mar 25, 2024

Received

USFD

100,656 shares

USFD

Mar 27, 2023

Received

USFD

264,831 shares

USFD

Feb 6, 2023

Received

BLDR

38,016 shares

BLDR

Feb 17, 2022

Received

BLDR

193,000 shares

BLDR

Dec 31, 2021

Charity

BLDR

193,000 shares

BLDR

Dec 31, 2021

Charity

BLDR

93,577 shares

BLDR

Mar 15, 2021

Received

BLDR

309,324 shares

BLDR

Jan 1, 2021

Received

PFGC

12,963 shares

PFGC

Sep 21, 2017

Received

PFGC

$1.14M

PFGC at $24.34/share

Nov 11, 2016

Purchase

Compensation History

See how much did David Flitman make over time.

David Flitman's compensation as CEO of US Foods reflects a strong emphasis on performance. In 2023, his total pay was $8.1 million, which includes a base salary of $1.3 million and performance bonuses that could increase significantly based on company goals, such as Adjusted EBITDA and sustainability metrics. His compensation plan is designed to align closely with shareholder interests, promoting growth and operational success at US Foods. Notably, he has a significant portion of his earnings linked to stock performance, ensuring that his interests align with those of the company and its shareholders. This approach helps foster a culture of accountability and results-driven progress within the organization.

Year

2023

Total Compensation

$4.00M

Salary

$1.00M

Board Justification

The compensation program is designed to attract, retain, and motivate executives, aligning their interests with those of stockholders through a mix of fixed and variable pay components.

Bonus

$2.99M

Board Justification

Annual incentive based on the Company's performance metrics including Adjusted EBITDA, Working Capital, Safety, RIC Training, and Sustainability milestones for the year 2023.

Other

$9.90K

Board Justification

Employer contributions to executive's 401(k) plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2023 as the focus was on performance-based awards that vest based on future performance metrics.

Performance Metrics

Adjusted EBITDA, Working Capital as a Percentage of Sales, Safety (RIR Reduction), RIC Training, and Sustainability milestones.

Other US Foods CEOs

Here are other CEOs of US Foods