Patrick Hatcher currently serves as the Executive Vice President and Chief Financial Officer (CFO) of Performance Food Group (PFG), having been promoted to this role in August 2022, with a full transition completed within that year. He is based in Richmond, Virginia, and is a key member of PFG’s executive leadership team alongside CEO George Holm and COO Scott McPherson.
Professional Background and Experience
Patrick joined the broader Performance Food Group enterprise in 2010 through its subsidiary, Vistar, a specialty foodservice distributor. Over the course of more than a decade at Vistar, he held multiple leadership positions, including:
- President & Chief Operating Officer of Vistar (January 2021 until his CFO promotion)
- Vice President and Chief Operating Officer of Vistar
- Vice President of Merchandising at Vistar
He also served as Co-President and Chief Commercial Officer at PFG. His tenure at Vistar spans over 30 years when considering prior roles before PFG acquired the company, highlighting deep institutional knowledge in specialty distribution.
Patrick has experience leading multiple PFG divisions, including serving as CEO of both the Performance Customized division and the Performance Foodservice division, illustrating broad operational expertise within the company’s core business verticals.
Education
- Bachelor’s degree in International Relations from Bucknell University
- Master of Business Administration (MBA) from Washington University’s Olin Business School
Role and Responsibilities at Performance Food Group
As CFO and Executive Vice President, Patrick Hatcher is responsible for overseeing the company’s financial strategy, reporting, and investor relations. He frequently represents PFG in financial earnings calls and investor presentations, where he reviews financial performance, key priorities, and guidance.
He actively participates in strategic initiatives including mergers and acquisitions (M&A), cash deployment, and share repurchase programs. During the 2025 Investor Day, he emphasized PFG’s success with M&A and its disciplined capital allocation aimed at high-return projects.
Patrick is also noted as an executive sponsor for internal diversity initiatives such as PFG’s ¡Unidos! Associate Resource Group, signaling involvement in corporate social responsibility efforts.
Company Performance and Context
Under Patrick’s financial leadership, Performance Food Group has demonstrated robust growth and strong financial metrics:
- For fiscal year 2025, PFG reported net sales guidance between $63 billion to $63.5 billion and Adjusted EBITDA ranging from $1.725 billion to $1.75 billion.
- Fiscal 2026 guidance anticipates net sales between $67 billion and $68 billion with adjusted EBITDA from $1.9 billion to $2 billion.
- Recent quarterly reports show organic independent case growth of 5.9% in Q4 2025.
- PFG hit record sales driven by superior segment execution and strategic investment of excess cash into projects delivering high returns.
Patrick is prominently involved in shaping these results and is a regular voice on earnings calls where he elaborates on financial outcomes, operational efficiencies, and market strategy. His CFO commentary reinforces PFG’s strategic focus on expanding its salesforce, enhancing operational scale, and pursuing targeted acquisitions to capture market share.
Board Membership and Governance
Patrick Hatcher is part of the Performance Food Group company’s Management Team and plays a pivotal role in governance, contributing to strategic decision-making at the executive level. His financial stewardship supports PFG’s status as a Fortune 100 company and one of North America’s largest foodservice distributors with over 43,000 associates.
Summary: Patrick Hatcher is a seasoned finance executive with over 13 years within the Performance Food Group organization, supported by a strong educational foundation in international relations and business administration. Transitioning from extensive operational leadership at Vistar to CFO in 2022, he now drives financial strategy and investor communications at PFG during a period of record growth, robust financial performance, active M&A, and strategic capital deployment. His comprehensive understanding of PFG’s business units and industries, combined with his executive sponsorship of inclusion initiatives, positions him as a critical driver of PFG’s ongoing success and market leadership.
