US Foods CEO discusses the company's momentum and the role it plays in the foodservice industry
US Foods CEO Dave Flitman joins #NYSEFloorTalk to discuss the company's momentum and the role it plays in the foodserviceΒ ...
Chief Executive Officer & Director, Us Foods Holding
Search every verified David Flitman interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. In September 2024, Flitman stated that US Foods had built "great momentum" as an organization, citing record results in the second quarter. He noted that the company had achieved nine consecutive quarters of market share gains in the independent restaurant segment, and reported 7% organic growth with 177% earnings before interest and taxes (EBIT) growth. Flitman described the company's strategy as resting on four pillars: culture, productivity and efficiency, growth, and profit. Flitman has also discussed his views on company culture. In a 2019 address, he said that culture is something a leader can influence even when they cannot influence every hiring decision. He outlined five tenets of his company's culture: safety as the top priority, integrity, customer priority, a commitment to continuous improvement ("be the best"), and valuing associates ("people count").
“We're really celebrating the great momentum that we've built as an organization here. It's exciting to represent our 29,000 Associates.”
“The company has been on a journey for the past several years to just accelerate momentum in all sorts of areas of the business: our growth, our profitability.”
“We're a large Food Service distributor and people oftentimes focus on the food aspect and we're all about great food but we're all about servicing our customers and doing that well and doing it efficiently.”
“We've now had nine consecutive quarters of taking market share in the independent restaurant space, proving when we focus on a space we can be hugely successful.”
“We had 7% organic growth and importantly all that translated to 177% EIT growth on the bottom line so we're winning on the top line, we're winning on the bottom line.”
“That's good for our Associates, it's great for our shareholders.”
“There are four key pillars to our strategy: culture, productivity and efficiency, growth, and profit.”
“The focus that we have on our customers and our Associates is almost most palpable in our organization.”
“Safety is our top priority. If we can't keep our associates safe every day, that's a problem and the financial output of the company really doesn't matter. I'm saying that as a leader of a three and a half billion dollar public company.”
“Integrity matters. How you achieve those results is really important.”
“We put the customer at the center of everything that we do.”
“Be the best speaks to a company culture of continuous improvement.”
“People count and our associates really matter and how we treat them is the hallmark and the framework for our culture.”
US Foods CEO Dave Flitman joins #NYSEFloorTalk to discuss the company's momentum and the role it plays in the foodserviceΒ ...
You might not be able to influence every hiring decision being made, but you can always influence your company's overall culture.
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