So Performance Food Group just made this leadership shuffle official - George Holm moved from CEO to Executive Chair back in January, and Scott McPherson (who was COO) took over as the new CEO. Pretty standard succession planning stuff, but apparently the Board spent years plotting this out. Manuel Fernandez, the Lead Independent Director, mentioned they announced all this strategy at their 2025 Investor Day earlier. Honestly, when you see a CEO transition like this with George Holm stepping into Chair role instead of just leaving, it usually signals they're keeping him in the loop for continuity. McPherson's been with the company as COO, so he's got the inside track already. Food distribution isn't the sexiest industry, but these coordinated leadership moves usually mean they've got a solid plan. Curious to see how the new structure plays out for PFGC.