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Industry: Email Alert RSS FeedFormer U.S. Foodservice chief executive settles severance suit
Nation's Restaurant News, March 17, 2008
COLUMBIA, MD. -- James Miller, former chief executive of U.S. Foodservice, based here, has agreed to pay $8 million to Royal Ahold, USF's former parent company. Miller had filed a suit claiming his former employer had reneged on a promise to extend post-termination benefits and a severance payment after he resigned his position in the wake of an accounting scandal.
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Ahold filed counterclaims that Miller had breached his fiduciary duties and his employment agreement. All pending litigation is terminated, but a company statement noted that the agreement does not imply acknowledgement of liability.
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