Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Number 8860726. Insiders at Sprouts Farmers Market own 0.7% of the company. He has responsibility for all aspects of grocery merchandising at more than 4,000 stores in the United States. 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. 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. New store updates are important to our readers, so were adding a monthly feature to highlight them and demonstrate supermarket growth trends around the country. 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. He was with the company eight years. 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. 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. 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. Also, Shon Boney, a founder of the company and a director since 2002, has stepped down from the board. Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Amin Maredia resigned at the end of December, focusing increasingly on direct food deliveries to customers, Your California Privacy Rights / Privacy Policy. Before joining Sprouts, he was senior vice president of merchandising and marketing for Shaws and Star Market in the northeast area of the country. 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. I am humbled and extremely privileged to be appointed chief executive officer of Sprouts Farmers Market, said Sinclair. 11% of Sprouts Farmers Market's management is Black or African American. Sprouts sticking to its expansion game plan, Sprouts turns in double-digit sales gain for Q1, Allowed HTML tags:

. 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. The most active insiders traders include Management Holdings Gp, Llc, Joe Fortunato, and Shon A. Boney. 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 named Jack Sinclair its new CEO and board member, effective June 24, 2019. .topic-selector fieldset .checkmark:after, .topic-selector fieldset .radio:after { content: ""; position: absolute; display: none; } . .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); } Corporate Profile 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. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. 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. Jack Sinclair named new CEO of Sprouts Farmers Market. The leadership flux comes as Sprouts pursues an aggressive growth strategy. .topic-selector fieldset label input:checked ~ .checkmark { background-color: #006326; } Chart Data in Insider Trading History Table. 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. Sprouts in early May said Jim Nielsen, who had been appointed interim co-CEO, while also serving as president and chief operating officer, had taken a medical leave of absence. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $7,007,783 as of December 10th. } 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. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. 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. I am humbled and extremely privileged to be appointed chief executive officer of Sprouts Farmers Market, said Sinclair. float: right; /* ----------------------------------------- */ Prior to that, he was chief merchandising officer from 2015 to 2018. Sprouts Farmers Market, Inc. specializes in fresh, natural and organic products at prices that appeal to everyday grocery shoppers. Mr. Sinclair has served as our Chief Executive Officer since June 2019. .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; } Do not sell my personal infoPrivacy PolicyContact UsRSS, Jack Sinclair Joins Sprouts Farmers Market as New CEO, Interim co-CEO and CFO Brad Lukow resigns; Chip Molloy named interim CFO, Concurrent with Sinclair being named as its new chief executive and board member, the Phoenix-based food retailers i. nterim co-CEO and CFO, Brad Lukow, has resigned. 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. 2019 represents the first year where more than half of our new stores will be opened up in new markets, Lukow said in mid-May at the BMO Farm to Market Conference in Manhattan. He was most recently interim chief executive officer of Torrid LLC in 2018. 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. Jack earned a bachelors degree in economics and marketing from The University of Strathclyde, Glasgow, Scotland. Molloy most recently served as interim chief executive officer of Torrid LLC during 2018. According to the . float: left; Sinclair also will join the companys board. 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. For the past year or so, Sinclair served as CEO of discount retailer 99 Cents Only Stores LLC, which he joined in 2015. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $6,465,847 as of January 18th. 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. He has been chief executive officer of 99 Cents Only Stores LLC, a premier discount retailer with over 350 locations in the United States, since 2018 and prior to that was its chief merchandising officer from 2015 to 2018. 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. Email address . Jack Loudon Sinclair is Chief Executive Officer at Sprouts Farmers Markets Inc. See Jack Loudon Sinclair's compensation, career history, education, & memberships. 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. Boston is a novel by Upton Sinclair. The CEO of Sprouts Farmers Market is Jack Loudon Sinclair. VIEW FULL REPORT . '", Get the free daily newsletter read by industry experts. 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. Were going to be putting ourselves in a place where weve got exceptional value in our produce and everyday products.. Here are further demographic highlights of the leadership team: The Sprouts Farmers Market executive team is 39% female and 61% male. 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. 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. .checkmark { position: absolute; top: 0; left: 0; height: 25px; width: 25px; background-color: #eee; } Jack Sinclair Appointed Chief Executive Officer, Chip Molloy Appointed Interim Chief Financial Officer. Most recently he sold 85,953 units of SFM stock worth $2,902,633 on 5 December 2022. .topic-selector [type="submit"] { margin-top: 1rem; padding-left: 2rem; padding-right: 2rem;} Boney is a founder of the company and has been a board member since 2002. He earned a bachelor of arts degree in English and philosophy from The University of Texas at Austin. 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 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. There are no executives at Sprouts Farmers Market Inc getting paid more. .topic-selector input[type="text"], .topic-selector input[type="email"] { background-color: #F7F7F7; } Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. The most recent insider tranaction occured on December, 5th when CEO Jack Sinclair sold 85,953 shares worth more than $2,902,632.81. Sprouts entered three new states Pennsylvania, Washington and South Carolina and passed the 300-store mark last year. Along with the resignation of Lukow, Sprouts appointed Lawrence (Chip) Molloy as interim CFO until a permanent successor is named. in Global Business from Arizona State University. According to Jefferies analyst Christopher Mandeville, Sinclair brings a skill set thats well-matched to those of Sprouts remaining C-suite. /* ----------------------------------------- */ 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. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. ads view marital Status. He succeeded J. Douglas Sanders, who served as CEO following Sprouts' emergence as a public corporation in August 2013. The estimated net worth of Jack Sinclair is at least $6.47 million as of December 5th, 2022. 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. 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. Born. 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. In this, 1101 New York Ave NW, Washington, DC 20005, North American grocery retailing trends for 2023. /* Content Template: press-release-contact-info - start */ 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. He is also on the board of Federal Reserve Bank of San Francisco, Food . From December 2007 to April 2015, Mr. Sinclair was the Executive Vice President of the U.S. I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. The estimated net worth of Jack Sinclair is at least $7.01 million as of December 5th, 2022. 8% of employees are Black or African American. Supermarket News is part of the Informa Connect Division of Informa PLC. 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. Based on our data team's research, Jack Loudon Sinclair is the Sprouts Farmers Market's CEO. 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 Sinclair - 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, Fortunato said. Brandon Lombardi serves as chief legal officer at Sprout. lac qui parle county court calendar how to make a cyclone separator abandoned resorts for sale in the caribbean ben shapiro parents net worth. 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. Prior to that, he was chief merchandising officer from 2015 to 2018. Sprouts also announced that Shon Boney is stepping down from the board. From 2007 to 2015, Sinclair served as executive vice president of Walmarts U.S. grocery division. Consumers want multicultural products. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Web page addresses and e-mail addresses turn into links automatically. On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. I am humbled and extremely privileged to be appointed chief executive officer of Sprouts Farmers Market, Sinclair stated. 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. Executive Summary. 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. /* ----------------------------------------- */ As of January 2, 2022, it operated 374 stores in 23 states. 2022 SFM, LLC. 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. On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. 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. There are 5 older executives and no younger executives at Sprouts Farmers Market. } 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. 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. As Sprouts Farmers Market continues to pose itself for growth, it also ends its search for a new CEO. Also known as: Mr Jack Sinclair . From 2007 to 2015, Jack was the executive vice president of the U.S. Meator, rather, meat pricesstarred in stories about rising inflation at the grocery store in 2021. There are 7 older and 12 younger executives at Sprouts Farmers Market Inc. 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. "It's just that to replicate that and get the buying right is no easy task.". Brandon leads the companys Legal, Business Protection and Safety, Licensing and Permitting, and Corporate Social Responsibility departments.

Prior to joining Sprouts, Brandon was a corporate and securities attorney at the international law firm of Greenberg Traurig, LLP from 2002 to 2012. 22 onProgressive Grocers 2019Super 50 list ofthe top grocers in the United States. Nielsen and Lukow had been serving as interim co-CEOs since the Dec. 30 departure of CEO Amin Maredia, who left the company to pursue other interests. 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. After a months-long search, Phoenix-based Sprouts (Nasdaq: SFM) announced last week that Jack Sinclair, former CEO of 99 Cents Only Stores LLC, would take over as CEO on June 24. 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. Concurrent with Sinclair being named as its new chief executive and board member, the Phoenix-based food retailers interim co-CEO and CFO, Brad Lukow, has resigned. PHOENIX, Ariz. June 20, 2019 Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that Jack L. Sinclair has been appointed as the companys chief executive officer and a member of its board of directors, effective June 24, 2019. The Sprouts Healthy Communities Foundation drives lasting change in the health of our communities. From recipe site integrations to interactive videos, the retailer has embraced partnerships that aim to boost inspiration and ease for at-home cooking. The Sprouts Healthy Communities Foundation drives lasting change in the health of our communities. But British Columbia (BC) is quietly becoming the new copper hotspot. 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 . 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. Before joining Sprouts Farmers, Jack Sinclair was the CEO at 99 Cents Only Stores. Sinclair brings decades of retail experience with him to the new role and with Sprouts' ambitious growth plan, Sinclair will have to hit the ground running."I am humbled and extremely privileged to be appointed 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. Sinclair brings to Sprouts over 35 years of experience in retail and grocery. 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. These risks and uncertainties include, without limitation, risks associated with the companys ability to successfully compete in its intensely competitive industry; the companys ability to successfully open new stores; the companys ability to manage its rapid growth; the companys ability to maintain or improve its operating margins; the companys ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; the companys ability to manage its transition to a new CEO; accounting standard changes including the new lease accounting guidance; and other factors as set forth from time to time in the companys Securities and Exchange Commission filings, including, without limitation, the companys Annual Report on Form 10-K. Spotlight Francois Chau 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. What is Jack Sinclair's net worth? Optional Caption Courtesy of Sprouts Farmers Market The U.S. is awaking to a "passion for food" that other countries already have,Sinclair said as he reflected on his prior experience working in the grocery industry in the United Kingdom. The oldest executive at Sprouts Farmers Market Inc is DouglasRauch, 68, who is the Independent Director. } 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. The company also announced that Brad Lukow, interim co-CEO and CFO has resigned. 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. 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. From 2007 to 2015, Jack was the executive vice president of the U.S. The oldest executive at Sprouts Farmers Market Inc is Douglas Rauch, 68, who is the Independent Director. This net worth estimate does not reflect any other assets that Mr. Sinclair may own. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. Accessibility Statement | Privacy | Terms | Transparency. .subscribe-modal { position: fixed; top: 0; top: 50%; transform: translateY(-50%); width: 100%; display: flex; flex-direction: column; background-color: white; padding: 0.75rem; } 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. Forward-Looking Statements Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona. 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. 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. Molloy has served on the retailers board since 2013 and has a long-tenured career as a senior financial executive, including as chief financial officer of Under ArmourInc. from 2016 to 2017 and PetSmartInc. from 2007 to 2013. 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. The emergence of new challenges will force grocery retailers to adapt their strategies and operations. Today's stock market news features a Robotics stock with blue sky potential. Learn More about Jack Sinclair's net worth. Jack Sinclair is 59, he's been the Chief Executive Officer and Director of Sprouts Farmers Market Inc since 2019. Dave McGlinchey has served as our chief format officer since February 2020. All rights reserved. At a time when specialty chains are struggling, the CEO of the natural foods grocer has laid out a bold roadmap to make Sprouts a smarter and more efficient retailer. 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