Patrick T. Hagerty, Executive Vice President and Chief Commercial Officer of Performance Food Group Company, notified the company of his intention to retire and resign from his position. The company authorized a letter agreement with Mr. Hagerty setting forth the terms of his retirement, including continued salary and benefits until retirement, consulting services after retirement, and equity awards. Mr. Hagerty will receive aggregate payments of $312,500 for the consulting period and will be subject to certain restrictive covenants.