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Baltimore Business Journal: Indicted CFO sues U.S. Food

Former U.S. Foodservice Chief Financial Officer Michael J. Resnick, who faces criminal charges related to U.S. Food’s 2003 accounting scandal, is suing his former employer for bonuses, vacation pay and other benefits he says are owed him.Resnick claims Columbia’s U.S. Foodservice violated a May 2003 severance agreement.In the lawsuit, Resnick claims that after the fraud was discovered, Anders Moberg, head of U.S. Foodservice parent Ahold, told him Ahold would hire a new U.S. Foodservice CFO. Moberg told Resnick that he would be transferred to a senior operations position with U.S. Foodservice in the western United States because of his good work for the company, the suit says.But soon after, U.S. Foodservice told Resnick it had decided to terminate his employment instead of transferring him, the suit claims. U.S. Foodservice allegedly agreed to pay Resnick’s salary through September 2003, pay him any bonuses he was entitled to for 2002 and 2003 and give him other benefits including four weeks’ vacation pay. Resnick agreed to resign as CFO, according to the suit.