The company intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more information becomes available, except as required by law. A new era has begun at Sprouts Farmers Market following the appointment of veteran food retailer Jack Sinclair as CEO and the departures of CFO Brad Lukow and longtime board member and founder Shon Boney. Boney is a founder of the company and has been a board member since 2002. 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. Sprouts Farmers Market has 35,000 employees, of which 23 are in a leadership position. "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 Sprouts Farmers Market board. Chart Data in Insider Trading History Table. Marital status. Before joining Sprouts Farmers, Jack Sinclair was the CEO at 99 Cents Only Stores. 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. Follow Jack Sinclair. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $6,465,847 as of January 18th. 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. "It's just that to replicate that and get the buying right is no easy task.". The company is No. 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. The company also announced that Brad Lukow, interim co-CEO and CFO has resigned. The largest trade he's ever made was selling 85,953 units of Sprouts Farmers Market Inc stock on 5 December 2022 worth over $2,902,633. Boston is a novel by Upton Sinclair. Before joining Walmart, Sinclair spent 14 years at Safeway PLC in London, where he was responsible for operations, merchandising and marketing for more than 450 supermarket and convenience store locations in the United Kingdom. Learn More on Jack Sinclair's contact information. How Do You Compare? He has served on the board of directors of The Hain Celestial Group, a leading marketer, manufacturer and seller of organic and, Javits North Level 4, Room 404, Twilio Stage, Over the past two years, grocery retailers have had to reassess and adapt nearly every facet of their operations. Gender. From December 2007 to April 2015, Mr. Sinclair was the Executive Vice President of the U.S. They purchased a total of 4,093 shares worth more than $100,196.64. "Anything that is not offering a one-stop shop for the consumer seems to be kind of the negative side of this trend," said Mushkin. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Jack earned a bachelors degree in economics and marketing from The University of Strathclyde, Glasgow, Scotland. As of January 2, 2022, it operated 374 stores in 23 states. Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Prior to that, he was chief merchandising officer from 2015 to 2018. /* ----------------------------------------- */ 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. Sprouts Farmers Market CEO and Leadership, Desert Schools Federal Credit Union Executives, Desert Schools Federal Credit Union Jobs Near Me, Requirements Manager jobs at Sprouts Farmers Market, Produce Manager jobs at Sprouts Farmers Market, Store Manager jobs at Sprouts Farmers Market, Administrative Coordinator jobs at Sprouts Farmers Market, Training Manager jobs at Sprouts Farmers Market, Deli Clerk jobs at Sprouts Farmers Market, Produce Clerk jobs at Sprouts Farmers Market, Seafood Clerk jobs at Sprouts Farmers Market, Courtesy Clerk jobs at Sprouts Farmers Market, Head Cashier jobs at Sprouts Farmers Market, Bakery Clerk jobs at Sprouts Farmers Market, Shop Clerk jobs at Sprouts Farmers Market, The Sprouts Farmers Market executive team is. 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. during the companys third-quarter earnings call in October. "We are extremely excited to have Jack . 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.. I am humbled and extremely privileged to be appointed chief executive officer of Sprouts Farmers Market, said Sinclair. Amin Maredia resigned at the end of December after three years as CEO. 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. He came to Sprouts from 99 Cents Only Stores, where he served as chief merchandising officer and later CEO. On average, Sprouts Farmers Market Inc executives and independent directors trade stock every 15 days with the average trade being worth of $10,119,753. .topic-selector label > input { margin-bottom: 0; opacity: 1; cursor: pointer; } Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Susannah Livingston - VP of IR and Treasury. 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. From 2007 to 2015, Sinclair was the Executive Vice President of the U.S. .topic-selector .checkmark:after { left: 8px; top: 4px; width: 8px; height: 13px; border: solid white; border-width: 0 3px 3px 0; -webkit-transform: rotate(45deg); -ms-transform: rotate(45deg); transform: rotate(45deg); } "Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Mr. Sinclair earned a salary of $1,118,616.00, stock awards of $3,242,414.00, options awards of $939,674.00, non-equity compensation of $458,632.00, and other compensation of $13,784.00. There are 7 older and 12 younger executives at Sprouts Farmers Market Inc. He is also on the board of Federal Reserve Bank of San Francisco, Food . /* Content Template: press-release-contact-info - end */ Learn More about Jack Sinclair's net worth. Mobile number. .subscribe.subtitle-text { color: #3F2F22; /*font-family: "nexarustscripts-1", open-sans;*/ } Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. With more than 35 years of experience in the retail and grocery industries, Sinclair most recently had been CEO of 99 Cents Only Stores LLC, a discount retailer with more than 350 locations in the United States, since 2018;prior to that, from 2015 to 2018, he wasthe Commerce, Calif.-based discounters chief merchandising officer. Sinclair brings to Sprouts over 35 years of experience in retail and grocery. 1:05 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. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Registered in England and Wales. Jack Sinclair became CEO of Sprouts Farmers Market on June 24, 2019. 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. } 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. Learn More on Sprouts Farmers Market's active insiders. Under Sinclairs guidance, Sprouts has shifted gears from simply offering produce and other good-for-you products at low prices to driving sales by directly targeting consumers he defines as health enthusiasts and innovation-seekers. Jack Loudon Sinclair Age : 60 Public asset : 6,125,321 USD Linked companies : Sprouts Farmers Market, Inc. Summary Currently, Jack Loudon Sinclair is Chief Executive Officer & Director at Sprouts Farmers Market, Inc. Mr. Sinclair is also on the board of Federal Reserve Bank of San Francisco, Food Marketplace, Inc. and Meltz LLC. He led our April 2011 merger with Henrys Farmers Market while acting as our outside counsel.

Brandon holds a Juris Doctor from the Sandra Day OConnor College of Law at Arizona State University and a B.S. During the last year, Sprouts Farmers Market insiders bought shares 1 times. .topic-selector [type="submit"] { margin-top: 1rem; padding-left: 2rem; padding-right: 2rem;} .subscribe-modal { width: 50%; max-width: 640px; left: 50%; transform: translate(-50%, -50%); padding: 3rem; } Last updated: 7 December 2022 at 6:15pm EST. Jefferies analyst Christopher Mandeville, quoted in Supermarket News, said Sinclair could be a beneficial appointment, given his extensive experience in both discount retailing and the grocery business, noting that he helped Walmart grow its Neighborhood Market format. 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. /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. But in the 18 months since he arrived at the specialty grocer,Sinclair has dramatically accelerated the pace of change, positioning Sprouts to better connect with its core audience while setting aside initiatives he felt weren't bearing enough fruit. The new locations will have an even stronger emphasis on fresh fruits and vegetables than current Sprouts stores, which are distinguished by their centrally positioned produce section, and will place less emphasis on often-costly design features, like meat, seafood and deli counters. Sprouts is one of Arizona's largest employers, with more than 4,500 statewide workers, according to this year's Arizona Republic 100 report. v. t. e. William James O'Reilly Jr. [1] (born September 10, 1949) is an American conservative commentator, [2] [3] journalist, author, and television host. 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. He oversees new format development, real estate site selection, construction, and merchant services. ads view landline number. He was with the company eight years. He earned a bachelors degree in economics and marketing from The University of Strathclyde, Glasgow, Scotland. Sprouts inspires wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. '", Get the free daily newsletter read by industry experts. Learn More on Jack Sinclair's trading history. Jack Sinclair Appointed Chief Executive Officer, Chip Molloy Appointed Interim Chief Financial Officer. The grocer has been conducting a search for a new CEO since Amin Maredia stepped down from the position on Dec. 30, 2018. Jack Loudon Sinclair is Chief Executive Officer at Sprouts Farmers Markets Inc. See Jack Loudon Sinclair's compensation, career history, education, & memberships. Previously, Mr. Sinclair served as Chief Executive Officer of 99 Cents Only Stores LLC, a premier discount retailer, from February 2018 to June 2019,and prior to that was its Chief Merchandising Officer from July 2015 to February 2018. 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 joined the 350-store discount chain in July 2015 and was promoted to CEO in February 2018. He was most recently interim chief executive officer of Torrid LLC in 2018. Jack Sinclair, our chief executive officer and board member, brings more than 35 years of experience in retail and grocery to Sprouts since joining the company in June 2019. 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. /* ----------------------------------------- */ .subscribe-modal-container { position: fixed; top: 0; left: 0; z-index: 1000; height: 100%; width: 100%; background-color: rgba(0, 0, 0, 0.7); } ads view current number. Grocery Division of Walmart, Inc. (NYSE: WMT), where he led all aspects of Walmarts U.S. grocery business for its more than 4,000 stores. Press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995 before joining Sprouts Farmers Inc! ; We are extremely excited to have jack discount chain in July 2015 and was promoted CEO., of which 23 are in a leadership position company and has been a board member since 2002 University! 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