Grocery Division of Walmart, Inc., where he led all aspects of Walmarts U.S. grocery business at its more than 4,000 stores, which generated substantial growth under his leadership through a focus on local assortment and fresh foods. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Listen in to WGBs flagship podcast, 10 Items or Less, featuring insights from retailers and industry professionals. Sprouts is a company with a higher purposeto empower every person to eat healthier and live a better lifeand the commitment of its 30,000 team members to drive lasting change in the communities they serve truly resonates with me. Zippia gives an in-depth look into the details of Sprouts Farmers Market, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sprouts Farmers Market. The company is No. Spotlight Francois Chau Sign up to have press releases delivered to your inbox. .topic-selector fieldset .checkmark:after, .topic-selector fieldset .radio:after { content: ""; position: absolute; display: none; } Jack also spent 14 years at Safeway PLC in London where he was responsible for operations, merchandising and marketing for over 450 Safeway supermarket and convenience store locations throughout the United Kingdom. .topic-selector [type="submit"] { margin-top: 1rem; padding-left: 2rem; padding-right: 2rem;} /* Content Template: press-release-contact-info - start */ 11% of Sprouts Farmers Market's management is Black or African American. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Amin Maredia resigned at the end of December, focusing increasingly on direct food deliveries to customers, Your California Privacy Rights / Privacy Policy. Visit about.sprouts.com for more information. The appointments of Sinclair and Molloy go into effect on Monday, Sprouts said. While in private practice, Brandon served as outside general counsel and corporate secretary to public and private companies in a wide range of industries, including food retail, specializing in corporate governance, securities and corporate law, and mergers and acquisitions. As of 5 December 2022 he still owns at least 207,638 units of Sprouts Farmers Market Inc stock. We are extremely excited to have Jack Sinclair as our new chief executive officer following a thorough search and selection process by the board of directors, said Joseph Fortunato, chairman of the board of Sprouts Farmers Market. Sprouts Farmers Market may also be known as or be related to SPROUTS FARMERS MARKETS LLC, Sprouts Farmers Market, Sprouts Farmers Market Inc, Sprouts Farmers Market, Inc., Sprouts Farmers Markets, Inc. and THE SPROUTS HEALTHY COMMUNITIES. Are we on the verge of a new grocery landscape? Prior to that, he was chief merchandising officer from 2015 to 2018. Learn More about Jack Sinclair's net worth. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Before joining Sprouts Farmers, Jack Sinclair was the CEO at 99 Cents Only Stores. .subscribe.subtitle-text { color: #3F2F22; /*font-family: "nexarustscripts-1", open-sans;*/ } Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. The healthy grocer continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. lac qui parle county court calendar how to make a cyclone separator abandoned resorts for sale in the caribbean ben shapiro parents net worth. "What Jack is nailing, I think,is you'vegot to drive the traffic to your store, you've got to differentiate, you've got to make it worth the consumer's time to say, 'Hey, I can't get those products anywhere else. Sinclair brings to Sprouts over 35 years of experience in retail and grocery. My aspiration is how do we recreate that magic of what happened when all these things got started, which is making the product the hero, not the designs and the features and the bells and whistles that have crept into the companys more than 350 stores over the years, Sinclair said. Earlier this year, Sinclair laid out a operational planthat includes adjusting its merchandising mix, refining its marketing and locating new stores closer to its distribution centers. He earned a bachelor of arts degree in English and philosophy from The University of Texas at Austin. In early May, Lukow (left) reported during Sprouts first-quarter earnings call that President and COO Jim Nielsen was taking a medical leave of absence. Registered in England and Wales. Sinclair previously spent 14 years at Safeway PLC in London where he was responsible for operations, merchandising and marketing for over 450 Safeway supermarket and convenience store locations throughout the United Kingdom. Before joining Walmart, Sinclair spent 14 years at Safeway PLC in London, where he oversaw operations, merchandising and marketing for more than 450 Safeway supermarkets and convenience stores in the United Kingdom. Lines and paragraphs break automatically. Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States. Jack joined Walmart in 2007 from McCurrach, a U.K.-based field merchandising business. Chip has chaired our audit committee for several years, and his deep knowledge of Sprouts business, strategy and financial operations and experience with the investment community make him best suited to lead Sprouts financial affairs while we conduct our search for a permanent chief financial officer, Fortunato said. See Jack Sinclair's age, phone number, house address, email address, social media accounts, public records, and check for criminal records on Spokeo. During his eight-yeargrocery EVP tenure at Walmart, Sinclair led all aspects of the U.S. grocery business at its more than 4,000 stores, when the retailers focus on fresh foods and local assortment came into its own. Sprouts Farmers Markets search for a new CEO has concluded with the appointment of seasoned retail veteran Jack Sinclair, who was EVPof WalmartsU.S. grocery division from 2007 to 2015. Sign up to receive texts from Winsight Grocery Business. Lawrence Chip Malloy will serve as interim CFO until a permanent successor can be found. From recipe site integrations to interactive videos, the retailer has embraced partnerships that aim to boost inspiration and ease for at-home cooking. Brad Lukow, the other co-CEO and chief financial officer, assumed sole responsibility at the time but has since resigned to pursue other opportunities. Prior to this role, he served as Sprouts chief merchandising officer since 2018, and joined Sprouts as senior vice president of merchandising services in 2017.
Dave brings more than 20 years of grocery merchandising and leadership experience to Sprouts in both mass and conventional grocery. Earlier, he served in a number of leadership roles over a 14-year span at Stop & Shop/Giant Food, including senior vice president of merchandising support and vice president of grocery merchandising. Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona. He was previously senior vice president and general merchandise manager for the fresh food division of Walmart U.S., where he oversaw quality control and merchandising of produce, meat and seafood. Canada is already known as a miner's paradise. Were going to be putting ourselves in a place where weve got exceptional value in our produce and everyday products.. Walgreens ends purchasing restrictions around pediatric products, SN Top 10: Amazon, Kroger, Rite Aid top the week's headlines. Number 8860726. The grocer plans to introduce a new store format next year that is 20% smaller than the 30,000-square-foot footprints typical Sprouts stores occupy today, yet is expected to bring in a comparable level of revenue. Sprouts said he spurred growth at the retail giants grocery business, which spans more than 4,000 stores, through a focus on local assortments and fresh foods. Most recently, Sinclair was CEO of 99 Cents Only Stores. As of January 2, 2022, it operated 374 stores in 23 states. The emergence of new challenges will force grocery retailers to adapt their strategies and operations. Chip has chaired our audit committee for several years, and his deep knowledge of Sprouts business, strategy and financial operations and experience with the investment community make him best suited to lead Sprouts financial affairs while we conduct our search for a permanent chief financial officer, said Fortunato. None of the information on this page has been provided or approved by Sprouts Farmers Market. "Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Prior to joining Walmart, Mr. Sinclair spent 14 years at Safeway PLC in London from 1990 to 2004, where he held several senior management positions that included responsibility for operations, merchandising and marketing for over 450 Safeway supermarket and convenience store locations throughout the United Kingdom. He was most recently interim chief executive officer of Torrid LLC in 2018. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Yes, I want event updates and special offers! Jack Sinclair, our chief executive officer, brings more than 35 years of experience in retail and grocery to Sprouts since joining the company in June 2019. He has served as a board member of FMI The Food Industry Association since 2020 and was appointed to the Los Angeles branch board of directors of the Federal Reserve Bank of San Francisco in January 2021. The leadership flux comes as Sprouts pursues an aggressive growth strategy. .topic-selector fieldset > label { margin-left: 1.5rem; margin-bottom: 0.5rem; display: flex; position: relative; cursor: pointer; -webkit-user-select: none; -moz-user-select: none; -ms-user-select: none; user-select: none; padding-left: 35px; } Previously, he served as the European development director for SB Capital, partnering with banks, private financiers and private equity houses to assess, advise and implement strategic retail acquisitions. By signing up to receive our newsletter, you agree to our, Webinar The oldest executive at Sprouts Farmers Market Inc is DouglasRauch, 68, who is the Independent Director. .subscribe-modal h2 { text-transform: uppercase; font-size: 2rem; font-family: "supernett-cn"; } The company also announced that Brad Lukow, interim co-CEO and CFO has . The oldest executive at Sprouts Farmers Market Inc is Douglas Rauch, 68, who is the Independent Director. Sprouts Farmers Market can also be reached via phone at (480) 814-8016 and via email at [emailprotected] Learn More on Jack Sinclair's contact information. generator' object has no attribute take how to call someone on stage for recitation From 2007 to 2015, Jack was the executive vice president of the U.S. For the past year or so, Sinclair served as CEO of discount retailer 99 Cents Only Stores LLC, which he joined in 2015. .topic-selector fieldset label input:checked ~ .checkmark { background-color: #006326; } He has also worked for Tesco and Safeway PLC, where he eventually served on the board of directors that led the merger of Safeway PLC and Morrisons. Last updated: 7 December 2022 at 6:15pm EST. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $7,007,783 as of December 10th. Learn More on Jack Sinclair's contact information. /* Content Template: template-for-press-releases - end */ Exclusive industry info and insights straight to your inbox, Your go-to resource for all things grocery. The latest from Winsight Grocery Business, sent straight to your inbox. Here are further demographic highlights of the leadership team: The Sprouts Farmers Market executive team is 39% female and 61% male. A seasoned retail CFO, Molloy has been a Sprouts board member since 2013. He was with the company eight years. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. As the Chief Executive Officer and Director of Sprouts Farmers Market Inc, the total compensation of Jack Sinclair at Sprouts Farmers Market Inc is $6,230,740. Mr. Sinclair owns over 85,953 units of Sprouts Farmers Market Inc stock worth over $6,607,041 and over the last 5 years he sold SFM stock worth over $7,712,479. You can see the complete history of Mr. Sinclair stock trades at the bottom of the page. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Today's stock market news features a Robotics stock with blue sky potential. Mr. Sinclair served on the board of directors of The Hain Celestial Group (NASDAQ: HAIN), a leading marketer, manufacturer and seller of organic and natural products, from September 2017 to June 2019. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Learn More on Jack Sinclair's salary. This chart shows Jack Sinclair's buying and selling at Sprouts Farmers Market by year and by quarter. He also has served on the board of The Hain Celestial Group, a manufacturer and supplier of organic and natural products, since 2017. Jack was previously chief executive officer of 99 Cents Only Stores LLC, a premier discount retailer with over 350 locations in the United States, since 2018. The company offers perishable product categories, including fresh produce, meat, seafood, deli, bakery, floral and dairy, and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. Sinclair has 35 years of experience in grocery and retail, previously serving as CEO of 99 Cents Only Stores. ads view date of birth. Paired with his exposure to natural and organic CPG at Hain, Sinclair's background could prove highly complementary to President and COO Jim Nielsen, an individual we'd coin as the key man to operations, assuming he returns to the company as planned post-medical leave.. .subscribe-modal { width: 50%; max-width: 640px; left: 50%; transform: translate(-50%, -50%); padding: 3rem; } Gil Phipps, our senior vice president and chief marketing officer, joined Sprouts in April 2020 and brings over 20 years of experience in building brands at some of the largest grocers and food producers in the country. He earned a bachelor of arts degree in economics from Brigham Young University. The data presented on this page does not represent the view of Sprouts Farmers Market and its employees or that of Zippia. The company also announced that Brad Lukow, interim co-CEO and CFO has resigned. Optional Caption Courtesy of Sprouts Farmers Market He was previously chief executive officer of 99 Cents Only Stores LLC, a premier discount retailer with over 350 locations in the United States, since 2018. That focus has led Sinclair and his team at Sprouts to think deeply about what a specialty grocer should be an effort that follows a rocky period for the format, and that's made more difficult by the myriad challenges brought on by the pandemic. The shares were sold at an average price of $33.77, for a transaction totalling $2,902,632.81. Sprouts is a company with a higher purpose to empower every person to eat healthier and live a better life and the commitment of its 30,000 team members to drive lasting change in the communities they serve truly resonates with me. The Sprouts Healthy Communities Foundation drives lasting change in the health of our communities. From 2007 to 2015, Sinclair served as executive vice president of Walmarts U.S. grocery division. The most recent stock trade was executed by Jack Sinclair on 5 December 2022, trading 85,953 units of SFM stock currently worth $2,902,633. Despite his background,Sinclair has no intention of letting Sprouts lose its edge by moving toward more traditional grocers. I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. Molloy most recently served as interim chief executive officer of Torrid LLC during 2018. Sprouts achieved only a 1% gain in operating income in the first quarter despite a 10% rise in sales, helped by its continuing expansion of stores, with the national network now exceeding 300. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. .subscribe-modal .modal-btn-close { top: -2rem; color: white; } Learn More on Sprouts Farmers Market's active insiders. Sprouts entered three new states Pennsylvania, Washington and South Carolina and passed the 300-store mark last year. PHOENIX, June 08, 2020 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that J. Scott Neal will join the company as chief fresh merchandising officer, effective. Boney is a founder of the company and has been a board member since 2002. jack sinclair, sprouts politics. From December 2007 to April 2015, Mr. Sinclair was the Executive Vice President of the U.S. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $6,465,847 as of January 18th. Learn More on Jack Sinclair's trading history. | 2 p.m. /sites/all/themes/penton_subtheme_supermarketnews/images/logos/footer.png, Interim Co-CEO and CFO Brad Lukow to leave company, Grocery sector ekes out slight sales gains in December, Albertsons special dividend clears court hurdle, Q4 traffic declines for many food retailers: Report, 2023 Informa USA, Inc., All rights reserved, In-store branded restaurants gain momentum. Sprouts offers a complete shopping experience that includes an array of fresh produce in the heart of the store, a deli with prepared entrees and side dishes, The Butcher Shop, The Fish Market, an expansive vitamins and supplements department and more. During the last year, Sprouts Farmers Market insiders bought shares 1 times. In its quest to stand apart, Sprouts has focused on keeping prices low by purchasing excess food from farmers, not by artificially lowering prices in its stores to draw in consumers, Sinclair said during the interview. Sprouts' commitment to becoming an environmentally-conscious supermarket is closely tied to the demands of its customer base. .checkmark { position: absolute; top: 0; left: 0; height: 25px; width: 25px; background-color: #eee; } From 2007 to 2015, Jack was the executive vice president of the U.S. Sprouts Farmers Market has 35,000 employees, of which 23 are in a leadership position. Jack Sinclair is Chief Executive Officer, Director of Sprouts Farmers Market. } Gender. Changes to the grocery landscape will continue, shaped by both macroeconomic factors (such as supply chain challenges and inflation) and mercurial customer preferences. 5 things: Is your bakery department the best? Accessibility Statement | Privacy | Terms | Transparency. All rights reserved. He is also on the board of Federal Reserve Bank of San Francisco, Food . We are extremely excited to have Jack Sinclair as our new chief executive officer following a thorough search and selection process by the board of directors, said Joseph Fortunato, chairman of the board of Sprouts Farmers Market. Joseph Fortunato, chairman of Sprouts' board of directors, cited Sinclair's experience in grocery and general merchandising as an important factor in his selection. Jack Sinclair became CEO of Sprouts Farmers Market on June 24, 2019. /* ----------------------------------------- */ Headquartered in Phoenix, Arizona, Sprouts employs more than 30,000 team members and operates in more than 320 stores in 20 states from coast to coast. float: right; One of the things I am trying to avoid us becoming is a super-efficient planogram-driven retail business, because I think if you do the kind of things where you get very disciplined about space and features and items, I think you miss something along the way, Sinclair said during the companys third-quarter earnings call in October. .radio { position: absolute; top: 50%; left: 0; transform: translate(25%, -50%); height: 15px; width: 15px; border: solid black; border-radius: 50%; } From 2001 to 2012, Gil led branding, innovation and product development roles at H-E-B. Most recently, Jack Sinclair sold 85,953 shares of the business's stock in a transaction on Monday, December 5th. "We are extremely excited to have Jack . Sprouts Farmers Market has announced that former Walmart executive Jack Sinclair will take over as its new chief executive officer starting June 24, as the company continues a national expansion plan amid stiff grocery competition. Sprouts Farmers Market is 47% female and 53% male company-wide. Amin Maredia resigned at the end of December after three years as CEO. Susannah Livingston - VP of IR and Treasury. Chip has chaired our audit committee for several years, and his deep knowledge of Sprouts business, strategy and financial operations and experience with the investment community make him best-suited to lead Sprouts financial affairs while we conduct our search for a permanent chief financial officer, Fortunato commented. The most common ethnicity among Sprouts Farmers Market executive officers is White. This net worth estimate does not reflect any other assets that Mr. Sinclair may own. Having Shon on our board has been instrumental as Sprouts has undergone rapid expansion, and we thank him for his service and contribution all these years, said Fortunato. Sprouts Farmers Market, Inc. specializes in fresh, natural and organic products at prices that appeal to everyday grocery shoppers. ET, Sprouts sharpens efforts to combat hunger as it donates $1.6M, The grocery tech graveyard: 5 recent innovations that got buried, How Walmart is experimenting with shoppable content, How Kroger, Whole Foods are upgrading labor management, H-E-B outpaces Texas grocers in foot traffic, How The Fresh Market evaluates tech partnerships, Albertsons proceeds with $4B dividend after prevailing in latest court battle, Why You Should Digitize Your Retail Supply Chain & Logistics, Plastic as art? I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose., Joseph Fortunato, Sprouts' chairman, said the board is extremely excited to have Jack Sinclair as our new chief executive officer following a thorough search and selection process. The grocer has been conducting a search for a new CEO since Amin Maredia stepped down from the position on Dec. 30, 2018. Entire grocery store created from discards, Starbucks, DoorDash will take delivery partnership nationwide, How to save on groceries, even without a store loyalty app, Boost Sales & Customer Engagement with In-Store Testing, The New Technology Every Grocer Needs in 2023, The Friday Checkout: High egg prices have shoppers boiling, Grocery inflation slows again in December, 8 trends that will shape the grocery industry in 2023, Kroger promotes $10 meals during the holidays. Grocery, Supermarket and Retail Food Industry News, Go Grocer's 1st store outside Ilinois to open in Milwaukee's historic 3rd Ward next week, NRF reports 5.3% uptick in holiday retail sales, short of its forecast, Richard Wardwell named CEO of Superior Grocers, Grocery stays on upside amid U.S. retail sales decline for December, Target's Brian Cornell: Company culture part of who we are. Jack Loudon Sinclair is Chief Executive Officer at Sprouts Farmers Markets Inc. See Jack Loudon Sinclair's compensation, career history, education, & memberships. Get todays need-to-know grocery industry intelligence. /* ----------------------------------------- */ Consumers want multicultural products. Mushkin said Sinclair's efforts to help Sprouts stand out in the minds of the consumers it wants to reach are on target given that shoppers have cut down on the number of stores they visit in light of the pandemic, a dynamic that has put pressure on specialty grocers. He previous served Kroger since 2012, most recently as vice president of branding, marketing & Our Brands. This is our strategy,whether its pre-pandemic, post-pandemic or during the pandemic. On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. .a2a_kit { Podcast: How inflation is affecting pricing strategy. Here are further demographic highlights of the leadership team: Jack Sinclair is executive vice president of the grocery division for Walmart U.S. Neal served Walmart over a 24 year career, including as vice president - divisional merchandising manager of meat from 2009 to 2011, vice president - divisional merchandising manager of commercial bread and bakery from 2007 to 2009, and vice president of international merchandising from 2000 to 2007.
Neal has also served as a member of the board of directors of Feeding America since 2016. Sprouts Farmers Market's insider roster includes Joel Anderson (Director), Brandon Lombardi (Insider), John Neal (Insider), Gilliam Phipps (CMO), and Jack Sinclair (CEO). According to the . They purchased a total of 4,093 shares worth more than $100,196.64. .immediate-release p{ Sprouts also announced that Brad Lukow, interim co-chief executive officer and chief financial officer, has resigned to pursue other opportunities. From 2007 to 2015, Jack was the executive vice president of the U.S. 8% of employees are Black or African American. Jack also spent 14 years at Safeway PLC in London where he was responsible for operations, merchandising and marketing for over 450 Safeway supermarket and convenience store locations throughout the United Kingdom. Jack earned a bachelors degree in economics and marketing from The University of Strathclyde, Glasgow, Scotland. He served as CFO of Under Armour from 2016 to 2017, CFO of PetSmart from 2007 to 2013, and CFO of retail for Circuit City Stores from 2006 to 2007. @media screen and (min-width:640px) { Sinclair will become the third permanent CEO in four years at the helm of the Phoenix-based organic-foods retailer, which reported a soft first quarter and has seen its stock price slip about 20% so far in 2019. .topic-selector label > input { margin-bottom: 0; opacity: 1; cursor: pointer; } In 2018, the fresh, natural and organic grocer opened 30 stores, and this year it aims to open another 28. He earned a bachelor's degree in economics and marketing from the University of Strathclyde in Scotland. This net worth estimate does not reflect any other assets that Mr. Sinclair may own. Jack Sinclair - CEO. Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. Sprouts is a company with a higher purpose to empower every person to eat healthier and live a better life and the commitment of its 30,000 team members to drive lasting change in the communities they serve truly resonates with me. He joined the 350-store discount chain in July 2015 and was promoted to CEO in February 2018. The estimated Net Worth of Jack Sinclair is at least $20.6 Million dollars as of 5 December 2022. Related: Sprouts sticking to its expansion game plan. It is a "documentary novel" that combines the facts of the case with journalistic depictions of actual participants and fictional characters and events. . "Sprouts is a company with a higher . .subscribe-modal-container { position: fixed; top: 0; left: 0; z-index: 1000; height: 100%; width: 100%; background-color: rgba(0, 0, 0, 0.7); } Or during the last year, Sprouts said challenges will force grocery to! Related: Sprouts sticking to its expansion game plan since 2002. Jack Sinclair is executive. 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