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U.S. Foodservice has about 13,250 employees.
U.S Foodservice supplies restaurants and institutions with wholesale food products.
Ahold, based in the Netherlands, bought U.S. Foodservice in 2000.
Both companies are in the consumer and foodservice disposable packaging business.
Mr. Resnick came to U.S. Foodservice in October 2000 and became chief financial officer in 2001.
Inflated earnings at its American subsidiary, U.S. Foodservice, amounted to $880 million.
U.S. Foodservice is a major distributor of food to schools and institutions.
The deal also includes Royal Ahold's assumption of $925 million in U.S. Foodservice debt.
"Everyone knows you never make it on the sell side," the former U.S. Foodservice executive said.
Mr. Moberg, 53, will decide in the next two years whether to sell U.S. Foodservice.
Analysts estimated the value of U.S. Foodservice at about $5 billion.
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