Chip . True to its farm-stand heritage, Sprouts offers a unique grocery experience featuring an open layout with fresh produce at the heart of the store. Prior to that, he was chief merchandising officer from 2015 to 2018. Amin Maredia resigned at the end of December after three years as CEO. 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. 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. /* ----------------------------------------- */ The company also announced that Brad Lukow, interim co-CEO and CFO has resigned. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. 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. PHOENIX, AZ - Right in the middle of its rapid expansion, Sprouts Farmers Market announced it has appointed a new CEOJack L. Sinclair, effective June 24 of this year. 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. He served on the board of directors of The Hain Celestial Group, a leading marketer, manufacturer and seller of organic and natural products, from September 2017 to June 2019. This chart shows Jack Sinclair's buying and selling at Sprouts Farmers Market by year and by quarter. According to Jefferies analyst Christopher Mandeville, Sinclair brings a skill set thats well-matched to those of Sprouts remaining C-suite. 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. He was with the company eight years. The emergence of new challenges will force grocery retailers to adapt their strategies and operations. Learn More on Jack Sinclair's contact information. He earned a bachelor of arts degree in economics from Brigham Young University. Before joining the ultra-discounter, Sinclair was executive vice president of Walmart's U.S. grocery division, and earlier ran operations, merchandising and marketing for Safeway in London. 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. Sign up to have press releases delivered to your inbox. In 2018, the fresh, natural and organic grocer opened 30 stores, and this year it aims to open another 28. From 2007 to 2015, Sinclair served as executive vice president of Walmarts U.S. grocery division. '", Get the free daily newsletter read by industry experts. Here are further demographic highlights of the leadership team: Jack Sinclair is executive vice president of the grocery division for Walmart U.S. They purchased a total of 4,093 shares worth more than $100,196.64. 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. 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. .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); } Kroger and Albertsons merger: What lies ahead? 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. The data presented on this page does not represent the view of Sprouts Farmers Market and its employees or that of Zippia. ads view landline number. Get todays need-to-know grocery industry intelligence. From 2007 to 2015, Jack was the executive vice president of the U.S. float: right; On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. during the companys third-quarter earnings call in October. 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. Jack L. Sinclair serves as Chief Executive Officer, Director of the Company. Number 8860726. I think as things have evolved over the last few years, people are getting more interested in it, partly because of the health implications of the products and also because people are just more interested in where things come from," he said. PHOENIX, May 13, 2021 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that Jack Sinclair, chief executive officer, and Denise Paulonis, chief financial officer, will . 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. 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. With the move, announced late Thursday, Sprouts said that Brad Lukow, interim co-CEO and chief financial officer, has resigned from the company to pursue other opportunities. The Phoenix-based specialty grocers board has appointed Lawrence Chip Molloy as interim CFO until a permanent successor is named. Typically, in the grocery business, when sales and store traffic are down, an easy fix is having a big sale to bring in more customers and have them spend more, but Jack Sinclair, the CEO of . 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. Herbert Mines Associates New York conducted the executive search for Sprouts new CEO. 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. Walgreens ends purchasing restrictions around pediatric products, SN Top 10: Amazon, Kroger, Rite Aid top the week's headlines. Canada is already known as a miner's paradise. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Sprouts is the place where goodness grows. .subscribe-modal .modal-btn-close { position: absolute; top: 0; right: 0; color: #006326; cursor: pointer; font-size: 2rem; } But British Columbia (BC) is quietly becoming the new copper hotspot. Consumers want multicultural products. 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. On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. 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. He earned a bachelors degree in economics and marketing from The University of Strathclyde, Glasgow, Scotland. He also previously was EVP of the U.S. grocery division for Walmart, where he led all aspects of the mass retailers grocery business and was instrumental in the divisions growth through a focus on local assortment and fresh foods. 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. Jack joined Walmart in 2007 from McCurrach, a U.K.-based field merchandising business. Marital status. 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. 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. 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. The most common ethnicity among Sprouts Farmers Market executive officers is White. /* Content Template: press-release-contact-info - end */ The employee data is based on information from people who have self-reported their past or current employments at Sprouts Farmers Market. Email address . Corporate Profile .topic-selector [type="submit"] { margin-top: 1rem; padding-left: 2rem; padding-right: 2rem;} .immediate-release p{ 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. 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 Sinclair corporate profile, background and performance evaluation including other Sprouts Farmers executives Over the last 9 years, insiders at Sprouts Farmers Market Inc have traded over $2,093,774,778 worth of Sprouts Farmers Market Inc stock and bought 612,643 units worth $11,748,047 .radio { position: absolute; top: 50%; left: 0; transform: translate(25%, -50%); height: 15px; width: 15px; border: solid black; border-radius: 50%; } Along with the resignation of Lukow, Sprouts appointed Lawrence (Chip) Molloy as interim CFO until a permanent successor is named. Sinclairs strategy at Sprouts builds on his past roles in the grocery industry, which steeped him in the importance of operational details in enabling a retailer to thrive. The Sprouts Healthy Communities Foundation drives lasting change in the health of our communities. Sprouts is one of Arizona's largest employers, with more than 4,500 statewide workers, according to this year's Arizona Republic 100 report. 22 onProgressive Grocers 2019Super 50 list ofthe top grocers in the United States. The CEO of Sprouts Farmers Market is Jack Loudon Sinclair. Sinclair brings to Sprouts over 35 years of experience in retail and grocery. 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 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. /* ----------------------------------------- */ All rights reserved. Based on our data team's research, Jack Loudon Sinclair is the Sprouts Farmers Market's CEO. .a2a_kit { Jack Sinclair Sprouts Farmers Market, Inc. (SFM) Phoenix, AZ Total Compensation for Fiscal Year Ending in 2022: $5,773,120 Sprouts Farmers Market, Inc. disclosed its CEO pay was 242 times its median employee's pay for the fiscal year ending in 2022. 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. Based on the belief that healthy food should be affordable, Sprouts welcoming environment and knowledgeable team members continue to drive its growth. See Jack Sinclair's age, phone number, house address, email address, social media accounts, public records, and check for criminal records on Spokeo. 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. Also known as: Mr Jack Sinclair . Landline number. See if you qualify for a free subscription to our industry leading paper magazine. He has responsibility for all aspects of grocery merchandising at more than 4,000 stores in the United States. Sprouts Farmers Market was already working to recapture its bountifulearly days as a natural foods retailer when Jack Sinclair came on board as CEO last year. Joseph Fortunato, chairman of Sprouts' board of directors, cited Sinclair's experience in grocery and general merchandising as an important factor in his selection. .subscribe.subtitle-text { color: #3F2F22; /*font-family: "nexarustscripts-1", open-sans;*/ } Susannah Livingston - VP of IR and Treasury. Last updated: 7 December 2022 at 6:15pm EST. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. There are no executives at Sprouts Farmers Market Inc getting paid more. 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. Sinclair's goal is for Sprouts to stand out by leaving traditional grocery retailing to the competition and concentrating on a distinct combination of assortment and shopping experience other stores arent able to match. Accessibility Statement | Privacy | Terms | Transparency, /* ----------------------------------------- */ Sprouts Farmers Market, Inc. (NASDAQ:SFM) Q3 2021 Earnings Conference Call November 4, 2021 5:00 PM ETCompany Participants. By signing up to receive our newsletter, you agree to our, Webinar Meanwhile, Sprouts board member and former PetSmart executive Lawrence Chip Molloy is serving as interim CFO until a permanent successor is named. On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. Get notified the next time Jack Sinclair buys or sells Sprouts Farmers Market stock. The board has appointed Lawrence (Chip) P. Molloy to serve as interim chief financial officer until a permanent successor has been named. Boney is a founder of the company and has been a board member since 2002. He was most recently interim chief executive officer of Torrid LLC in 2018. Visit about.sprouts.com for more information. 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. The estimated net worth of Jack Sinclair is at least $7.01 million as of December 5th, 2022. 2023 www.azcentral.com. 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 also spent 14 years at Safeway PLC in London, overseeing merchandising and other operations for more than 450 of Safeway's British stores. During the last year, Sprouts Farmers Market insiders bought shares 1 times. /* Content Template: template-for-press-releases - end */ He is also on the board of Federal Reserve Bank of San Francisco, Food . Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $7,007,783 as of December 10th. Jack L. Sinclair, who has decades of retail experience, will begin implementing Sprouts' ambitious growth plan immediately."I am humbled and extremely privileged to be appointed Chief Executive Officer of Sprouts Farmers Market," Sinclair said. Jack noting one of the bigger goals for Sprouts Farmers Supermarkets is to partner and find ways to meet their consumers request for healthy sourced food that is impactful to their overall health . ads view date of birth. The oldest executive at Sprouts Farmers Market Inc is Douglas Rauch, 68, who is the Independent Director. Today's stock market news features a Robotics stock with blue sky potential. Jack Sinclair - CEO. According to the . Sinclair has 35 years of experience in grocery and retail, previously serving as CEO of 99 Cents Only Stores. On average, Jack trades about 19,582 units every 69 days since 2018. 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. In this special report, compiled using data and insights from CrowdStreet and Placer.ai, Winsight Grocery Business looks at five hot markets for grocery retail investment in 2022 and whos leading the pack in those regions. Sprouts' commitment to becoming an environmentally-conscious supermarket is closely tied to the demands of its customer base. Learn More about Jack Sinclair's net worth. Sprouts also announced that Shon Boney is stepping down from the board. Are we on the verge of a new grocery landscape? Herbert Mines Associates New York conducted the executive search for the new chief executive officer of Sprouts Farmers Market, Inc. . In 2019, the chain will make its debut in another three states: Louisiana, New Jersey and Virginia. Also, Shon Boney, a founder of the company and a director since 2002, has stepped down from the board. I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. 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. Supermarket News is part of the Informa Connect Division of Informa PLC. For the past year or so, Sinclair served as CEO of discount retailer 99 Cents Only Stores LLC, which he joined in 2015. Reach the reporter at russ.wiles@arizonarepublic.com or 602-444-8616. Following the completion of the sale, the chief executive officer now directly owns 207,638 shares of the company's stock, valued at $7,011,935.26. 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 named Jack Sinclair its new CEO and board member, effective June 24, 2019. Sinclair has served on the board of directors of The Hain Celestial Group, a leading marketer, manufacturer and seller of organic and natural products, since 2017. Jack Sinclair from Boston, MA. 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. 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