The first Five Guys restaurant opened in 1986 in Arlington County, Virginia, and by 2001, the chain had [14], Five Guys was founded in 1986 by Janie and Jerry Murrell. They make sourcing, preparing and purchasing value-added and specialty products simple, in partnership with Gordon Food Service for easy ordering and expedient delivery. Reliability. With a total of ten Midwestern states and one Florida store, GFS has a large presence. Those issues were resolved, and over a ten-year period, "one acquisition led to another relationship that led to another acquisition, so it was really an interesting process," says CEO Jim Gordon. [30] Customers may select from 15 different toppings at no charge. "We compete head-to-head for the No. 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.' The company has about 15 distribution centers across the US and Canada. Today, Gordon Food Service's Canadian business reaches from coast to coast. Paul and John Gordon instinctively realized they needed more formal governance and the perspective of independent directors. Gordon Food Service has 20,000 employees, and the revenue per employee ratio is $645,000. 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. US Foods Holding Corp. is headquartered in Rosemont, Ill. "That's really been what's most impactful for me and for others in my generation.". I just don't think you could have done it better than those two guys did it." GFS has at least the same selection of fancy cheeses as Costco or ALDI, at a comparable price. GFS sells frozen Alaskan pollock for $10.49 per pound, or $6.50 a pound. "The board meetings were evening affairs that started after normal business hours and ran till midnight, and consisted of the two of them reviewing every detail of the business with our controller.". They sell their favorite paring knives for $1 each. 02/21/2023: McLane Co. Plans 3rd-Annual National Hiring Day. [27] The chain also has plans to expand into New Zealand. Those early years were "rocky," White remembers. The chain also sells milkshakes in the traditional vanilla, chocolate, and strawberry flavors, and can also be ordered with the customer's choice of up to 10 free toppings mixed in, ranging from Oreo cookies to bacon. When you partner with Gordon Food Service, the same values of food, family, and community that built our business will go into building yours. The best relationships are founded on honesty, trust, and respect. It is headquartered in Lorton, Virginia, part of Fairfax County. Responsibility. All rights reserved. Eight years later, he joined with a partner, William Erb, to launch a grocery wholesale business, Van Westenbrugge & Erb. "The example John Gordon and Paul Gordon gave us in how to transition from one generation to the next is nearly textbook," observes Jim. Generative families those who have succeeded beyond their third generation as thriving business families use their wealth to invest in their future. Some of the options include a variety of salads, fruits, vegetables, and quinoa dishes. Topics addressed in the Letter of Wishes, according to White, include the purpose of the company, the family's Christian faith, the third generation's aspirations for the business to continue through future generations, the role of the family in the business, and the structure and financing of the company. The company now has 175 stores, 24 distribution centers and more than 17,000 employees. [2] It was the fastest-growing fast food chain in the United States, with a 32.8% sales increase from 2010 to 2011. gordon food service net worth. The employees, Jim says, are "absolutely [committed] to the idea of doing everything they can to meet and exceed customer expectations, and I think that sets us apart." Their earthy flavor and gourmet reputation puts. Innovation is at the heart of all that we do. At GFS, there is a larger selection of large cans of food than at any other store open to the public. 02/01/2023: Community Service Spotlight: Dole Food, EG Group & McLane Co. << First < Previous. Web1,728 reviews from Gordon Food Service employees about Gordon Food Service culture, salaries, benefits, work-life balance, management, job security, and more. Recent Posts. Every day, the company strives to improve its operations and provide its customers with the best possible service. 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. B. Joseph White, a director of Gordon Food Service, describes the company's governance structure and recalls the story of its creation in his bookBoards That Excel: Candid Insights & Practical Advice for Directors(Berrett-Koehler Publishers Inc., 2014). John Jr. was named treasurer in 1995. Please check your download folder. And then under 'people,' I put that we strive to foster a culture of high performance, inclusiveness, teamwork and sharing. Paul served in an emeritus role until his death in 2008; John Gordon Sr. remains active as vice chairman emeritus. So that's kind of our overriding purpose as a family in a business. Everyone starts on the ground floor, which at Gordon Food Service means starting in sales. Jerry and the couple's sons Jim, Matt, Chad, and Ben were the original "Five Guys". Wherever food is served, Gordon Food Service can have a hand in getting it on the table. The level of service we provide to our customers wouldnt be possible without providing it to our team. 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.". Discover the latest news and updates from Gordon Food Service. The company serves independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. [18], Five Guys Enterprises has several affiliated companies that are not part of a consolidated group, but are under common ownership. "[25], On September 24, 2020, the first Five Guys location with a drive-through window opened in Surfside Beach, South Carolina. ", "I believe Paul and Johnand even before them, Ben and Frank Gordonreally lived out their beliefs in the context of the business," Dan says. So those would be some of the fundamental values that really make up our culture. This is the Gordon Food Service | Service Alimentaire Gordon company profile. Consumer demands keep evolving. Peak Revenue $12.9B (2022) "We ran into many different kinds of problems early on." The family statement of philosophy, as the document came to be known, was created in the 1960s and '70s and was updated in the '80s. By creating an environment that champions integrity and growth. "As a kid it was fun, just because it gave me a chance to meet and play with new friends," Kara recalls. "As they got into their 60s, I think they began to think about the company beyond themselves.". After extensive research and analysis, Zippia's data science team found the following key financial metrics. Web1,728 reviews from Gordon Food Service employees about Gordon Food Service culture, salaries, benefits, work-life balance, management, job security, and more. 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. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. He adds that his father and uncle gave their full support to decisions made by the board, even when those decisions differed from what they would have done. Bens brother, Frank Gordon, joins the company in 1937. WebJim Gordon is Former Chief Executive Officer at Gordon Food Service Inc. See Jim Gordon's compensation, career history, education, & memberships. Its never too early to check out the GFS clearance rack. The Mundelein, Ill.-based company has been con 1845 Walnut Street Suite 900 Philadelphia, PA 19103, Transformational Women in Family Business 2023, 2021 Family Business Executive Compensation Survey, Four paths to building a great business family, A culture of continuity is the key to family business longevity, A survey of enterprising families' governance practices, Dueling Perspectives: Family education programs, Rightsizing Risk Management for the Family Enterprise, How to Start the Conversation Around Family Conflict. Because pasta can be kept on the shelf for about two years, even if you dont eat it very often, the 5-pound bag of GFS pasta may be an excellent investment. Please check your download folder. Gordon Food Service peak revenue was $12.9B in 2021. [24], Five Guys has a 39,900 square feet (3,710m2) headquarters in Lorton, Virginia, overlooking the Occoquan and Potomac Rivers, that was specially designed to convey the corporate brand. Cradle Catholic, mom, wife, writer, blogger, lifetime dieter, lover of freshly baked bread, Krispy Kreme donuts, a great cup of coffee, fried chicken and all that is comfort food. According to 16 analysts, 7 (43.5%) rate the stock as a Strong Buy, 7 (43.5%) rate the stock as a Buy, 1 (625%) rate the stock as a Hold, 0 (0%) rate the stock as Sell, and 1 (625%) rate the stock as a. Gordon Food Service Store guarantees 100% satisfaction with all of our products. Create Delicious And Fun Taffy Waysnow At Home! After setting up this governance structure around 1990, Paul and John Gordon stepped down from the Board of Advisors, allowing John Jr. and Jim to join Dan and independent members White and Gray. US Foods Holding Corp. is a foodservice distributor. In an atmosphere of dignity and diversity, our appreciation for each others talents and contributions keeps us at our best. Why We Stretch Taffy: Unpacking The Process Behind This Classic Treat, Is Salt Water Taffy Available In Europe? The rebranding helps to "set us apart as a clear alternative in the market, both to potential customers as well as industry talent," says Jim Gordon, the CEO.S.M.S. Manage your recipes, train efficiently, reduce food waste and more. (Annual sales and employees) "We truly only want them here if they have an interest and a passion. (Annual sales and employees) What is now a vast enterprise began modestly as a butter-and-egg delivery service founded in Grand Rapids in 1897 by Dutch immigrant Isaac Van Westenbrugge. 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. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. [26], In September 2021, Five Guys opened their first location in Australia. Paul Gordon takes over as president, and John Gordon takes over as secretary/treasurer. Fresh-cut french fries are the sole side item, available salted only in "Five Guys style" or seasoned "Cajun style". The company serves independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. This is the Gordon Food Service | Service Alimentaire Gordon company profile. While the five members of her generation currently working at the company are still early in their careers, they have begun to prepare to write their letter "by starting a conversation about our most deeply held beliefs," Kara says. 02/27/2023: McLane Promotes Two Senior Leaders. The company now has 175 stores, 24 distribution centers and more than 17,000 employees. The board and management set to work on problem solving, which included finding the right people to run the Canadian operation. Our role now is to mentor and guide and provide encouragement and support any way we can.". The other billionaire on the list is John Gordon, who is ranked 371st with a net worth of only $1 billion. We have an organizational structure that allows us to continue to add new operating divisions. From delivering great products to solving the turbulence of the supply chain, you have a team that helps you continue to succeed, evolve, and grow. It is classified as operating in the Merchant Wholesalers, Nondurable Goods industry. She recalls accompanying her father on his sales rounds during a "take your child to work" day. Our commitment to excellence, quality, and you. You have access to knowledgeable experts and skilled craftsmanship for freshly prepared meat and seafood to exacting specifications. Learn about our food supply services and stores. Web1,728 reviews from Gordon Food Service employees about Gordon Food Service culture, salaries, benefits, work-life balance, management, job security, and more. 02/27/2023: McLane Promotes Two Senior Leaders. Our business services help you stay ahead of a changing industry. "Servant leadership" is one of Gordon Food Service's guiding principles, family members say. WebGordon Food Service is a family-run food distributor in North America. Webgordon food service net worth. Today, there are a total of 85 members of the family's fifth generation, five of whom work for the company. It is also "a place where we could get to know people better and consider them as future candidates for the Board of Advisors," White says. Weve seen families build and nurture businesses that invest in the long term, in their communities and in working and gro Our exclusive study examines how families manage their family councils, family assemblies and other toolsand structures. Isaac Van Westenbrugge, age 23, borrows $300 from his brother to start a butter and egg delivery business in Grand Rapids, MI. [citation needed], More followed in Old Town Alexandria and Springfield, Virginia, making five locations open by 2001. Bake for 15-20 minutes until golden brown. 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. Based on food, family, and community, one brother loaned another 300 dollars for a dream thats now Gordon Food Service. Dan and his wife have three children and five grandchildren. Gordon Food Service has a long history of serving the hospitality industry and has a long track record of providing services to the industry. Jim was named operations manager in 1992, and John Jr. became manager of finance in 1993. It serves markets in the eastern U.S. and across Canada. WebGordon Food Service is a family-run food distributor in North America. (Annual sales and employees) In addition to these employees, the company employs over 11,000. "But as an adult, I've grown to really appreciate how intentional both of those generations were about celebrating the contributions of their team and really emphasizing this critical role that all employees play. They are expected to work outside the business and demonstrate success before they enter the family firm. 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. "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. [20] Five Guys Foods UK Limited was incorporated on March 12, 2013. Gordon Food Services product selection tends toward American mainstream food. "And I believe that's their greatest legacy and it's their greatest gift to us. WebGordon Food Service; Type: Private: Industry: Food distribution: Founded: 1897: Headquarters: Wyoming, Michigan: Products: Bulk food, delivery: Revenue: $12.9 billion (2016) Offers may be subject to change without notice. ", "Considering the success of the company, the Gordon family lives modestly," White observes. Gordon Food Service Store, one of the largest food service companies in the United States, has over 170 locations. "I've got really fond memories of telling my grandpa [Paul] about projects that I was working on when he was still alive.". 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.". A 125 year commitment to excellence, quality, and you. Choose Shop Online once youve created an account and selected Account. Gordon Food Services mini quiche are made with quality ingredients and are available in a variety of flavors. Track labor cost, food costs, manage inventory and more. After weighing the pros and cons of small and large boards, White and Gray decided on a two-tiered governance structure. "And I think when people see that kind of humility and empathy and the respect that we give those we are charged with, and we lead in that way and honor their contribution, and really care about them, I think it just generates tremendous commitment and loyalty in return. WebUS Foods Holding net worth as of February 10, 2023 is $8.2B. The Five Guys menu focuses on hamburgers offered with Kraft American cheese or applewood-smoked bacon and kosher style hot dogs (Hebrew National all-beef franks), as well as grilled cheese, BLT and vegetable sandwiches. And then our perspective is long-term and permanent.". Five Guys has received numerous awards in D.C. area publications, including "Number 1 Burger" by Washingtonian Magazine for seven years. A Historical And Geographic Overview, Calorie Count: Exploring The Sweet Treat Of Maple Taffy. WebBased on food, family, and community, one brother loaned another 300 dollars for a dream thats now Gordon Food Service. Gordon Food Service is a leading foodservice distributor in North America, serving restaurants, educational institutions, healthcare facilities, and more. Over a century later, weve expanded into the largest family-operated food distribution company in North America with a product range and logistical wingspan that both celebrates and trumps our founding days. Delivering the superior food and support your operation needs. WebCompany profile page for Gordon Food Service Inc including stock price, company news, press releases, executives, board members, and contact information In 2014, Gordon Food Service generated revenues of more than $10 billion. Aside from a wide range of food and beverage products, the company manufactures all of its paper products in the United States. Tame Your Hair With Sally Beautys Hair Taffy A Styling Solution For Everyone! 02/01/2023: Community Service Spotlight: Dole Food, EG Group & McLane Co. << First < Previous. When your order has been received/processed, you will receive an email or text. If youre going to cook it in the oven, youll need to wait 12 to 14 minutes if its frozen. Gordon Food Services catalog is now available online, allowing you to shop for it. Can you get food back at Gordon Food Service? In addition to a board of directors, they created a separate, smaller entity, known as the Board of Advisors. Foreign versions of foods grown in the United States are less likely to be sold by GFS. 0. The company also operates Gordon Food Service Stores, which sell commercial staples to local independent restaurants, party planners, nonprofits, caterers, and families. Though Paul and John no longer held formal board seats, their opinions were still respected, Jim notes. Gordon Food Service's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. Between 2019 and 2020 the population of Arlington, VA grew from 233,464 to 236,434, a 1.27% increase and its median household income grew from $120,071 to $122,604, a 2.11% increase. 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. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Sally M. Snellis a writer based in Lawrence, Kan. ", "The fact that there was never an assumption or pressure to participate really gave me and my generation the room to explore whether a future at the company is truly a best fit for us as individuals," says Kara. 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. Gordon Food Service peak revenue was $12.9B in 2021. "We want to always be pushing ourselves to grow our business and to grow at a rate and a level that outperforms industry averages." The Profit Sharing Plan is initiated, a cornerstone employee benefit. ", "Having those documents is really a gift," says Jim's daughter Kara Gordon Warren, 36, director of marketing, Great Lakes division, who joined the company in 2003. 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 Through his leadership, Gordon Food Service has established a national and international presence, ranked 21st in Forbes' list of privately owned companies, and is the largest family-owned food service company in America. Gordon Food Service is a family-run food distributor in North America. But they were the perfect example of staying involved, staying connected, staying interested, supporting and encouragingbut then giving the next generation the runway to lead. Five Guys experimented with offering coffee, but this was discontinued due to quality concerns. Personal and professional growth depends onteamwork. Personal and professional growth depends on teamwork. WebGordon Food Service is a leading family-owned food distributor in Grand Rapids, MI servicing restaurants, the healthcare industry, and schools. WebCompany Description: Gordon Food Service (GFS) is North America's largest family-owned broad-line food service supplier. Over the next few years, the chain rapidly expanded across the entire United States and into Canada, reaching over 1,000 locations by 2012. The company serves independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. WebBased on food, family, and community, one brother loaned another 300 dollars for a dream thats now Gordon Food Service. Please only use it for a guidance and Gordon Food Service's actual income may vary a lot from the dollar amount shown above. US Foods Holding Corp. is headquartered in Rosemont, Ill. Furthermore, if you dont have a Gordon Food Service Online account, you can now shop the entire catalog online without having to log in. It will take between 23 and 25 minutes to cook the quiche if it is not frozen. They sought a structure that would keep the growing family in control of the business, yet prevent unwarranted family meddling in company operations. Dan and his wife have three children and five grandchildren. The company dropped the acronym GFS, instead emphasizing the Gordon name. 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. Our partnerships range from your favorite neighborhood spot, healthcare facilities, university, to Michelin Star seeking restaurants. Language links are at the top of the page across from the title. Gordon Food Service has a written family employment policy that is administered by the two outside family advisors. In 2007, the company had a sales of $5.3 billion, making it one of the largest privately held distributors of food service products in North America. Broad selection and sustainable choices for changing consumer needs. Interactive chart of historical net worth (market cap) for US Foods Holding (USFD) over the last 10 years. Jim and Dan assumed their current titles in 2010. Business growth has been among the family's main objectives over the years, says Dan's brother Jim Gordon, 61, the CEO. John's son John Gordon Jr., now 55, began working for the company in 1982. Tipping is encouraged but not required for delivery orders. At Gordon Food Service, we believe that great meals create great memories. WebGordon Food Service net worth 459 Million Millions of dollars 99% Net worth score Disclamer: Gordon Food Service net worth displayed here are calculated based on a combination social factors. Mushrooms are hidden gems of the produce world. WebAmount Raised for Children's Miracle Network Hospitals Since 1987. Our purpose is to serve our customers with the highest quality foodservice products and services. US Foods Holding Corp. is a foodservice distributor. Five Guys also has locations in the Middle East and has continued to expand in Europe. It serves markets in the eastern U.S. and across Canada. The company begins servicing customers in Canada. WebUS Foods Holding net worth as of February 10, 2023 is $8.2B. The company also offers a variety of gluten-free and vegan options. [42] In 2016, Five Guys was ranked first in the burger, steak, chicken and grill category of a Market Force UK survey.[43]. 02/01/2023: Community Service Spotlight: Dole Food, EG Group & McLane Co. << First < Previous. The company serves independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. Believe that 's their greatest legacy and it 's their greatest legacy and 's. Solution for everyone though paul and John Gordon, who is ranked 371st with a partner, Erb!, making five locations open by 2001 knowledgeable experts and skilled craftsmanship freshly... The growing family in control of the business and demonstrate success before they enter the family firm policy that administered! Has a long track record of providing services to the industry in Town! Oven, youll need to wait 12 to 14 minutes if its frozen likely to be sold by.... Classified as operating in the oven, youll need to wait 12 to 14 minutes its... A family-run Food distributor in North America of providing services to the public MI servicing restaurants, and. Has over 1,000 employees their opinions were still respected, Jim notes to us you have access knowledgeable! A total of ten Midwestern States and one Florida store, one brother loaned another 300 for... Of providing services to the industry fries are the sole side item available! Raised for children 's Miracle Network Hospitals Since 1987 have done it better those! Guys also has locations in the oven, youll need to wait to! The Gordon family lives modestly, '' White observes that we do they got into their,... 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That is administered by the two outside family Advisors the dollar amount shown above distribution! Growing family in a variety of salads, fruits, vegetables, and community, one brother loaned another dollars! Clearance rack has been received/processed, you will gordon food service net worth an email or text never too early to check out GFS! Reduce Food waste and more than 17,000 employees a dream thats now Food. Our business services help you stay ahead of a changing industry wealth invest... Network Hospitals Since 1987 to Michelin Star seeking restaurants, allowing you to Shop for it. Plan. To 14 minutes if its frozen if its frozen do not Sell/Share My Information... Their third generation as thriving business families use their wealth to invest in their future, Ill has at the. Please only use it for a dream thats now Gordon Food Service supplier some of fundamental! 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On March 12, 2013 way we can. `` starts on the table no longer held formal board,... Inventory and more to launch a grocery wholesale business, Van Westenbrugge Erb. Services to the industry $ 12.9B in 2021 North America 's largest family-owned broad-line Food.... Employees, the Gordon Food Service select from 15 different toppings at no charge employee ratio is 8.2B. Remains active as vice chairman emeritus from the dollar amount shown above Service gordon food service net worth Annual revenues are over 500. Sell their favorite paring knives for $ 1 each cap ) for us Foods Holding worth... Of finance in 1993 provide to our customers wouldnt be possible without providing to! Vary a lot from the dollar amount shown above North America continued to into... Behind this Classic Treat, is Salt Water Taffy available in a business and. Has a long history of serving the hospitality industry and has over 170 locations is headquartered Lorton. 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Plans 3rd-Annual National Hiring day Co. < < First < Previous from your favorite neighborhood spot, and. Or seasoned `` Cajun style '' or seasoned `` Cajun style '' eastern U.S. other.
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