One of the more controversial figures in the industry, Miller may have been its greatest deal-maker. He put together the nation's second largest broadliner through a series of mega-mergers during the last decade. His resignation comes as a defeat to all the entrepreneurial energy he put into growth. It is the culmination of a steadily growing morass of problems, which started with Ahold's announcement in February that it had discovered accounting irregularities at the $17.5-billion distributorship. These irregularities resulted in an overstatement of promo income of fully $880 billion.
While Miller himself was cleared of any wrongdoing, the debacle and consequent problems for Ahold were too great for him to overcome.
See ID's upcoming Management Report, 5/15/03, for a look back at Miller's career and the meteoric rise of USF, its origins, and the other major players in its history.