/* ----------------------------------------- */ 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. Follow Jack Sinclair. 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. 2022 SFM, LLC. Also, Shon Boney, a founder of the company and a director since 2002, has stepped down from the board. Yes, I want event updates and special offers! I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. He has worked in the retail food business since 1982, when he began his career as a trainee at Shoppers Paradise in the United Kingdom. From 2007 to 2015, Sinclair served as executive vice president of Walmarts U.S. grocery division. Based on our data team's research, Jack Loudon Sinclair is the Sprouts Farmers Market's CEO. Boston is a novel by Upton Sinclair. Herbert Mines Associates New York conducted the executive search for the new chief executive officer of Sprouts Farmers Market, Inc. It is a "documentary novel" that combines the facts of the case with journalistic depictions of actual participants and fictional characters and events. See if you qualify for a free subscription to our industry leading paper magazine. Joseph Fortunato, chairman of Sprouts' board of directors, cited Sinclair's experience in grocery and general merchandising as an important factor in his selection. Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. He oversees new format development, real estate site selection, construction, and merchant services. 11% of Sprouts Farmers Market's management is Black or African American. I am humbled and extremely privileged to be appointed chief executive officer of Sprouts Farmers Market, said Sinclair. Prior to that, he was chief merchandising officer from 2015 to 2018. Discover Opportunities in the New Copper Hotspot. Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States. Most recently, Jack Sinclair sold 85,953 shares of the business's stock in a transaction on Monday, December 5th. The grocer has been conducting a search for a new CEO since Amin Maredia stepped down from the position on Dec. 30, 2018. The CEO of Sprouts Farmers Market is Jack Loudon Sinclair. 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. There are 5 older executives and no younger executives at Sprouts Farmers Market. In 2019, the chain will make its debut in another three states: Louisiana, New Jersey and Virginia. The most active insiders traders include Management Holdings Gp, Llc, Joe Fortunato, and Shon A. Boney. Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. 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. The leadership flux comes as Sprouts pursues an aggressive growth strategy. From 2001 to 2012, Gil led branding, innovation and product development roles at H-E-B. 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. From recipe site integrations to interactive videos, the retailer has embraced partnerships that aim to boost inspiration and ease for at-home cooking. From 2007 to 2015, Jack was the executive vice president of the U.S. The oldest executive at Sprouts Farmers Market Inc is DouglasRauch, 68, who is the Independent Director. 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 $6,465,847 as of January 18th. He was with the company eight years. VIEW FULL REPORT . Sign up to have press releases delivered to your inbox. Jack Sinclair corporate profile, background and performance evaluation including other Sprouts Farmers executives Before joining Sprouts Farmers, Jack Sinclair was the CEO at 99 Cents Only Stores. 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. 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. Sprouts Farmers Market CEO talks strategy and the future Jack Sinclair pinpointed innovation, smaller stores and a more targeted audience as steps to help define the natural retailer's path. 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. Sprouts Farmers Market has named former Walmart grocery executive Jack Sinclair (left) as chief executive officer, filling a leadership vacancy arising from the exit of its previous CEO and the medical leave of its chief operating officer. Jack Sinclair Appointed Chief Executive Officer, Chip Molloy Appointed Interim Chief Financial Officer. 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. As of 5 December 2022 he still owns at least 207,638 units of Sprouts Farmers Market Inc stock. I am humbled and extremely privileged to be appointed chief executive officer of Sprouts Farmers Market, said Sinclair. 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. 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. 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. Sprouts also announced that Brad Lukow, interim co-chief executive officer and chief financial officer, has resigned to pursue other opportunities. 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There are 7 older and 12 younger executives at Sprouts Farmers Market Inc. 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. 5 things: Is your bakery department the best? 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. 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. 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. The grocer has been conducting a search for a new CEO sinceAmin Marediastepped down from the position on Dec. 30, 2018. Jack Sinclair has not been actively trading shares of Sprouts Farmers Market during the last quarter. The data presented on this page does not represent the view of Sprouts Farmers Market and its employees or that of Zippia. The employee data is based on information from people who have self-reported their past or current employments at Sprouts Farmers Market. Sprouts Farmers Market has 35,000 employees, of which 23 are in a leadership position. 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. Jack L. Sinclair serves as Chief Executive Officer, Director of the Company. ads view occupation. They sold a total of 319,004 shares worth more than $10,118,254.24. 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 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. This net worth estimate does not reflect any other assets that Mr. Sinclair may own. 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