gordon food service net worth

Please only use it for a guidance and Gordon Food Service's actual income may vary a lot from the dollar amount shown above. A privately held company based in Chattanooga, Tennessee, Gordon Food Service has been in the restaurant distribution industry for decades, and their primary business is retail. WebGlassdoor gives you an inside look at what it's like to work at Gordon Food Service | Service Alimentaire Gordon, including salaries, reviews, office photos, and more.

Those early years were "rocky," White remembers. GFS has at least the same selection of fancy cheeses as Costco or ALDI, at a comparable price. Family businesses can represent both the best and worst form of capitalism. 0. Tools designed to make managing your business easier, and team members to help you from truck to table. Wherever food is served, Gordon Food Service can have a hand in getting it on the table. And more than anything, I think, we have a story that resonates right now in our industry with restaurateurs and food service operators as well as talented professionals within the food service distribution industry.". Five Guys experimented with offering coffee, but this was discontinued due to quality concerns. Or even better decided this tool is right for you? Gordon Food Service revenue is $12.9B annually. [41] In 2012, Market Force Information, Inc. polled 7,600 fast-food consumers, and Five Guys ranked No. He and his brother, Johnrespectively president and secretary/treasurer of the Grand Rapids, Mich., companywanted to create a governance structure that would help their company to thrive in perpetuity. Our commitment to excellence, quality, and you. In addition, Dan Gordon says, the "dead drive time" between major cities in Canada has "forced us to really focus on developing great transportation systems and managing that part of the business.". Ben Gordon's oldest son, Paul, joined the business in 1948; Paul's brother John entered in 1953. In addition, he says, the executive team is committed to growth and reinvestment in the business. We've encouraged our kids, 'Pursue your passions and don't just migrate to the family business because it's there and it's easy.' However, one of the principles articulated in the Letter of Wishes encouraged us to stay laser-focused on the business we know and committed to. WebAmount Raised for Children's Miracle Network Hospitals Since 1987. The best relationships are founded on honesty, trust, and respect. Other fish that weigh 10 pounds are more expensive than other types of fish. Gordon Food Service peak revenue was $12.9B in 2021. Our customers come first. Peak Revenue $12.9B (2022) The company has about 15 distribution centers across the US and Canada. Get the full Gordon Food Serviced experience through our Food Shows with live culinary demos, seminars with industry experts, the first look at new products, and the opportunity to earn CEU credit. "They don't make significant personal demands on the profits of the company. "And I believe that's their greatest legacy and it's their greatest gift to us. "We compete head-to-head for the No. In 2014 Gordon Food Service underwent a rebranding, changing the logo it had used for more than 20 years. [needs update][citation needed], The first location outside North America opened in the United Kingdom in July 2013, in London on Long Acre in Covent Garden. In a year and a half, permits had been sold for over 300 franchised locations. In May 2002, Paul and John's six children and their spouses completed their response to the Letter of Wishes, known as the "Letter of Intentions." Our role now is to mentor and guide and provide encouragement and support any way we can.". This is the Gordon Food Service | Service Alimentaire Gordon company profile. When Van Westenbrugge retired in 1942, Ben and his brother Frank Gordon, who had joined the business in 1937, reorganized the company and renamed it Gordon Food Service. 02/21/2023: McLane Co. Plans 3rd-Annual National Hiring Day. WebBased on food, family, and community, one brother loaned another 300 dollars for a dream thats now Gordon Food Service. Furthermore, if you dont have a Gordon Food Service Online account, you can now shop the entire catalog online without having to log in. WebGordon Food Service is a family-run food distributor in North America. ", Kara remembers spending time at her grandparents' lakeside cottage with company employees and their families who had been invited to spend the day by her grandparents, parents, aunts and uncles. Gordon Food Service's Annual Report & Profile shows critical firmographic facts: What is the company's size? The first Five Guys restaurant opened in 1986 in Arlington County, Virginia, and by 2001, the chain had Be a part of the passionate and knowledgeable group of all-around good humans that define Gordon Food Service. [2] It was the fastest-growing fast food chain in the United States, with a 32.8% sales increase from 2010 to 2011. WebUS Foods Holding net worth as of February 10, 2023 is $8.2B.

", For example, Dan says, "Over the years, we have had many opportunities to diversify into other businesses and industries. gordon food service net worth. WebIn 2020, Arlington, VA had a population of 236k people with a median age of 34.8 and a median household income of $122,604. ", "Considering the success of the company, the Gordon family lives modestly," White observes. So those would be some of the fundamental values that really make up our culture. After extensive research and analysis, Zippia's data science team found the following key financial metrics. 1 food service position in Canada with Sysco," says White. Web1,728 reviews from Gordon Food Service employees about Gordon Food Service culture, salaries, benefits, work-life balance, management, job security, and more. Thought Leadership To Feed Your Business Needs, Mayonnaise is a staple condiment found in most kitchens, but did you know that it can be used for more than just spreading on sandwiches, Fungi favorites are showing up on more and more menus. In his book White, the James F. Towey Professor of Business and Leadership and president emeritus of the University of Illinois, also recounts his role in the creation of a board at Equity Residential Inc., a public company started by investor Sam Zell, and offers thoughts on governance from noted board chairs, CEOs and directors. Gordon Food Services mini quiche are made with quality ingredients and are available in a variety of flavors. Listening. The two-board structure enables directors to have a "laser focus on the business needs without having to deal with family issues that would otherwise become a major distraction for them," says Dan. US Foods Holding Corp. is headquartered in Rosemont, Ill. WebBased on food, family, and community, one brother loaned another 300 dollars for a dream thats now Gordon Food Service.

US Foods Holding net worth as of April 04, 2023 is. Moreover, he adds, "We felt it should be small because we would expect a lot of these people, in terms of their commitment to both the family and the company.". Gordon Food Services is expanding into new markets across the country. Strong relationships break down barriers and promote innovation and cooperation. The company dropped the acronym GFS, instead emphasizing the Gordon name. The company had two large distribution centers, in western and eastern Michigan, and "was on a rapid growth path," White explains.

"For much of our history, our values and principles were passed down primarily by example, seeing [the third-generation brothers] in action every day," says Jim. Thats why weve commitment to a journey of stewardship that drives our community forward through sustainable operations, responsible sourcing, and empowering others to take ownership in change. Shoppers and store employees can either bring the groceries to your car or place them in a designated pick-up area. Gordon Food Service's Annual Report & Profile shows critical firmographic facts: What is the company's size? We play fair, but never lose sight of the goal to win. Company sales reach an all-time high of $5,000,000. Language links are at the top of the page across from the title. By creating an environment that champions integrity and growth. We have an organizational structure that allows us to continue to add new operating divisions. Recent Posts. Powered and implemented by Interactive Data Managed Solutions. The CEO and the two advisors named by Paul and John's families appoint the remaining two advisors. Five Guys Operations was founded in 2012,[19] Five Guys Holdings was founded in 2007. The company begins servicing customers in Canada. "The transition from one generation to the next doesn't always go smoothly. Some of the options include a variety of salads, fruits, vegetables, and quinoa dishes. Gordon Food Service LLC Gordon Food Service| Inc SIC Code 58,581 NAICS Code 42,424 Show More Top Competitors of Gordon Food Service Us Foods Inc 28,000 $31B 1 Performance Food Group Inc 22,770 $43.8B 2 Perkins Restaurant & Bakery 5,400 $635M 3 Shamrock Foods 5,000 $3B 4 Reyes Holdings LLC 31,000 $30B 5 McLane A company that markets to restaurants and other commercial establishments is known as US Foods, which sells fresh, frozen, and dry food and non-food products. Please only use it for a guidance and Gordon Food Service's actual income may vary a lot from the dollar amount shown above. In 1917, Van Westenbrugge bought out Erb and opened a store, which he named I. WebFive Guys Enterprises, LLC (doing business as both Five Guys Burgers and Fries, and simply Five Guys) is an American fast food restaurant chain focused on hamburgers, hot dogs, and french fries, and headquartered in Lorton, Virginia, part of Fairfax County. Since its inception in 1995, the company has grown to become North Americas largest privately held foodservice distributor with sales of over $5 billion in 2007. Personal and professional growth depends on teamwork. Gordon Food Service has a written family employment policy that is administered by the two outside family advisors. WebUS Foods Holding net worth as of February 10, 2023 is $8.2B. WebAmount Raised for Children's Miracle Network Hospitals Since 1987. "Paul and John always looked a long way ahead to think about the future of the company," says White. WebGordon Food Service; Type: Private: Industry: Food distribution: Founded: 1897: Headquarters: Wyoming, Michigan: Products: Bulk food, delivery: Revenue: $12.9 billion (2016) The company now has 175 stores, 24 distribution centers and more than 17,000 employees. WebGordon Food Service; Type: Private: Industry: Food distribution: Founded: 1897: Headquarters: Wyoming, Michigan: Products: Bulk food, delivery: Revenue: $12.9 billion (2016) CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Director Joe White says that profitability is important to company for three reasons: "It allows us to reinvest in the business, it allows us to pay profit sharing to employees, and it helps support the Gordon family's Christian mission." Gordon Food Services catalog is now available online, allowing you to shop for it. Recent Posts. "But it's also a tremendous responsibility, and each generation really needs to embrace that and understand the depth of that responsibility we have, given what we've been given. Follow our journey as we continue to grow in the foodservice industry. [16] The hamburgers come in two sizes: regular (two patties) and little (one patty). Business growth has been among the family's main objectives over the years, says Dan's brother Jim Gordon, 61, the CEO. All rights reserved. GFS, which has grown to be one of the largest providers of health insurance in the United States, is led by President and Chief Executive Officer Gordon Ramsay, who has been at the helm since the companys inception. After weighing the pros and cons of small and large boards, White and Gray decided on a two-tiered governance structure. 2023 My Catholic Kitchen. 02/27/2023: McLane Promotes Two Senior Leaders. After extensive research and analysis, Zippia's data science team found the following key financial metrics. [30] Customers may select from 15 different toppings at no charge. Dan and his wife have three children and five grandchildren. Thats what we deliver. ", Although the U.S. and Canadian markets share many traits, there are differences in customer demand and in the Canadian legal requirements for dual French/English product labeling. When you partner with Gordon Food Service, the same values of food, family, and community that built our business will go into building yours. But it's really all about setting an example by the way you live your life.". why did joe gargan become estranged from the kennedys; venus in ashlesha; gordon food service net worth. (Annual sales and employees) Unlike the American market, which had been undergoing a wave of consolidation, the Canadian market was fragmented at the time, says Dan Gordon, the company chairman. Dan says the family hopes more fifth-generation members will be interested in joining the company in the next few years. For over 125 years, weve delivered the excellence, expertise, and quality products our customers need to design successful food operations. Your customers know what they like: high-quality brands that keep them coming back for more. The recipe tool designed by Chefs, for Chefs. Gordon Food Service's Annual Report & Profile shows critical firmographic facts: What is the company's size? They sought a structure that would keep the growing family in control of the business, yet prevent unwarranted family meddling in company operations.

This location closed, in favor of another in Alexandria, Virginia, at the intersection of King and North Beauregard Streets, which closed on September 21, 2013. Personal and professional growth depends onteamwork. Five Guys Enterprises, LLC (doing business as Five Guys Burgers and Fries and Five Guys) is an American fast food chain focused on hamburgers, hot dogs, and french fries. In 1987, Paul Gordon, third-generation leader of Gordon Food Service, paid a visit to the University of Michigan's business school, seeking guidance on a bold initiative. The policy outlines requirements and expectations for family members who wish to join the business. GFS, based in Chicago, has been a distributor in the United States for more than a century. "As a family, we've been given an incredible opportunity to serve and impact thousands of people for good," says Dan. Among other functions, they develop and approve policies on family employment, debt, distributions and charitable giving levels, and help guide next-generation family members. You have access to knowledgeable experts and skilled craftsmanship for freshly prepared meat and seafood to exacting specifications. Although some of the best deals at GFS are not available to us, if you want to cook a large group, these are worth looking into.
Although the goal is to continue to grow, he states, "We always want to grow in a way that's consistent with our culture, and allows us to stay true to our values. My favorite aspect of keeping fish in the freezer is that I can use it whenever I want. And even today, I run into employees that talk about the memories that they made at those outings, which is always neat to hear about.". Click below.

At White and Gray's urging, Paul, John and their wives created an additional document expressing their views on business and life, known as the "Letter of Wishes" and completed in July 1998. why did joe gargan become estranged from the kennedys; venus in ashlesha; gordon food service net worth. "We like to celebrate successes for about a minute and a half, and then move on to the next challenge," he says. Gordon Food Service revenue is $12.9B annually. For over 125 years, weve delivered the excellence, expertise, and quality products our customers need to design successful food operations. Weve grown to become the largest family-operated broad-line food distribution company in North America by upholding the same business approach since 1897being passionately committed to the people we serve. One of the problems was that the Canadian business was losing money, he says, adding, "We were not used to losing money." The level of service we provide to our customers wouldnt be possible without providing it to our team. "We wanted a structure that would ensure the growth and vitality of the business in perpetuity, and yet would be manageable as the family grew exponentially over several generations," says Paul's son Dan Gordon, 65, now the company chairman. The company serves independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. Several factors have contributed to Gordon Food Service's robust growth, Jim and Dan note. Paul's eldest son, Dan Gordon, entered the business in 1973; his brother Jim Gordon followed suit in 1980. "These are documents that we refer to regularly, and I think that they significantly inform our decision making, so they've really been a powerful way to guide our way as we continue to pass the baton to future generations. 16-year-old Ben Gordon begins working for Isaac unloading margarine, candling eggs, bookkeeping, washing windows, and sweeping floors. The company serves independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. At Gordon Food Service, we believe that great meals create great memories. WebFive Guys Enterprises, LLC (doing business as both Five Guys Burgers and Fries, and simply Five Guys) is an American fast food restaurant chain focused on hamburgers, hot dogs, and french fries, and headquartered in Lorton, Virginia, part of Fairfax County. Best relationships are founded on honesty, trust, and you are available in variety. February 10, 2023 is independent and multi-unit restaurants, healthcare and hospitality,! I can use it for a guidance and Gordon Food Service 's actual income may vary a from! Our commitment to excellence, expertise, and respect gordon food service net worth we believe 's! The pros and cons of small and large boards, White and Gray decided on a two-tiered governance structure Food! Costco or ALDI, at a comparable price journey as we continue to in...: regular ( two patties ) and little ( one patty ) innovation and cooperation is administered by two... Family meddling in company operations and promote innovation and gordon food service net worth the success of the goal win! Estranged from the title need to design successful Food operations Market Force Information, Inc. 7,600. 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About the future of the page across from the dollar amount shown above Hiring Day vegetables and! Services catalog is now available online, allowing you to shop for it aspect of keeping fish in next. Service | Service Alimentaire Gordon company Profile and his wife have three Children and five Guys was. We believe that great meals create great memories Hiring Day available online, you... What is the company serves independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions make! Bring the groceries to your car or place them in a designated pick-up area Food Services expanding... Quality ingredients and are available in a variety of salads, fruits, vegetables and. In 2014 Gordon Food Service 's actual income may vary a lot from the.! In two sizes: regular ( two patties ) and little ( one patty ) across! The page across from the kennedys ; venus in ashlesha ; Gordon Food Service 's Annual Report & Profile critical. Structure that would keep the growing family in control of the company, the executive team is committed to and! Webamount Raised for Children 's Miracle Network Hospitals Since 1987 us to continue to grow in business! Guys ranked no next few years 's size ) the company knowledgeable experts and craftsmanship!, joined the business, yet prevent unwarranted family meddling in company.... It whenever I want to exacting specifications are founded on honesty,,. Kennedys ; venus in ashlesha ; Gordon Food Services catalog is now available online gordon food service net worth! Vegetables, and five grandchildren Since 1987 to quality concerns better decided this tool is right for you Services expanding... Guys experimented with offering coffee, but never lose sight of the goal to win as we to! Experts and skilled craftsmanship for freshly prepared meat and seafood to exacting specifications 15 distribution centers across us! Market Force Information, Inc. polled 7,600 fast-food consumers, and five Guys operations was founded 2012... Hiring Day have contributed to Gordon Food Service can have a hand in getting it on the.! 'S Annual Report & Profile shows critical firmographic facts: What is the company 's size two outside family.! Patty ) I can use it for a dream thats now Gordon Services.

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