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| Performance Food Group Announces New Director
RICHMOND, Va.--(BUSINESS WIRE)--Aug. 12, 2003--Performance Food Group (Nasdaq/NM:PFGC) announced the addition of Ms. Mary Doswell to its Board of Directors. The appointment of Ms. Doswell increases the total number of directors to seven, and the number of outside directors to five. "I am pleased to be joining the Performance Food Group Board," Ms. Doswell commented. "PFG is an innovative and growing company, and I look forward to working with the management team to ensure the company's continued success." BizVantage Serious business, investment and technology intelligence for a serious advantage. Ms. Doswell has been President of Dominion Resources Services, Inc. since January 2003, having held various senior management positions within the Company since January 2000. Previously, Ms. Doswell held management positions with Dominion Virginia Power, a Dominion Resources company, for nineteen years. She received her undergraduate degree from Mt. Holyoke College and a master's degree from Massachusetts Institute of Technology. Ms. Doswell is also a graduate of the University of Virginia's Darden School of Business Executive Development Program. "Mary Doswell brings a new and unique perspective to Performance Food Group's Board," noted President and CEO Michael Gray. "She brings with her a wealth of both operating and management experience, and I am confident that her involvement on the Board will continue to ensure our organization's leadership and strong governance." Performance Food Group markets and distributes more than 61,000 national and private label food and food-related products to approximately 46,000 restaurants, hotels, cafeterias, schools, healthcare facilities and other institutions. For more information on Performance Food Group, visit www.pfgc.com. Certain statements made herein are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on current expectations and management's estimates; actual results may differ materially. The risks and uncertainties which could impact these statements include, but are not limited to, general economic condition; the relatively low margins and economic sensitivity of the foodservice business; the Company's reliance on major customers; the ability to identify and successfully complete acquisitions of other foodservice distributors; the Company's ability to successfully develop, market and meet demand for new products; management of the Company's planned growth; and the effect of the Company's identification of certain accounting errors on its anticipated results of operations, all as detailed from time to time in the reports filed by the Company with the Securities and Exchange Commission.
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