Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Andrew Iacobucci earned $2.39M in total compensation at US Foods, including $900.00K salary and $1.49M bonus. Most recently sold 5,006 shares in Mar 2023. Currently holds stock worth $13.93M.

Compensation History

Annual executive compensation data for Andrew Iacobucci, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$2.39M

Salary

$900.00K

Bonus

$1.49M

Other

$0.00

Salary

$900.00K

Board Justification

The compensation philosophy emphasizes performance and retention-based compensation opportunities designed to incentivize executive officers to execute the company's long-range plan and increase long-term stockholder value.

Bonus

$1.49M

Board Justification

The bonus was based on the company's performance against the annual incentive plan (AIP) goals, with a target percentage of 150% applied to eligible earnings.

Other Compensation

$0.00

Board Justification

No additional compensation was reported for Mr. Iacobucci in 2022.

Restricted Stock

$0.000 RSU

Board Justification

No stock vested in 2022 as Mr. Iacobucci forfeited his awards upon leaving the company.

Performance Metrics

The performance metrics for the AIP included Adjusted EBITDA and Distribution Cost Per Case.

U

Andrew Iacobucci

Ex-CEO of US Foods

Education

B.S. in Business Administration from the University of Florida

Sector of Economy

Consumer Defensive

Born

January 1, 1967 - 58 years ago

CEO of US Foods for

0 years 7 months (May 2022 - Jan 2023)

Previous Experience

Executive Vice President and Chief Commercial Officer at US Foods Holding Corp.

Holdings

Track Andrew Iacobucci's stock holdings and portfolio value over time.

Total Stock Sold

$2.99M

USFD

$2.99M

86,915 USFD shares

What if they kept their stock?

If Andrew Iacobucci didn't sell their stock, today they would have:
Extra USFD86,915 shares worth $6.54M.
This is 118.52% and $3.54M more than what they got when they sold the stock.

Insider Trading

Andrew Iacobucci's recent stock transactions, purchases, and sales filed with the SEC.

USFD

$183.07K

USFD at $36.57/share

Mar 29, 2023

Sale

USFD

87,194 shares

USFD

Mar 27, 2023

Received

USFD

$761.15K

USFD at $34.67/share

Mar 23, 2023

Sale

USFD

$680.00K

USFD at $34.00/share

Nov 11, 2022

Sale

USFD

30,610 shares

USFD

Jun 6, 2022

Received

USFD

20,260 shares

USFD

Mar 28, 2022

Received

USFD

9,879 shares

USFD

Feb 25, 2022

Received

USFD

$573.66K

USFD at $35.14/share

Sep 23, 2021

Sale

USFD

$54.69K

USFD at $37.00/share

Mar 26, 2021

Sale

USFD

22,734 shares

USFD

Mar 26, 2021

Received

Rivals

Compare Andrew Iacobucci with competitor CEOs and industry peers.