The Greater Des Moines Committee will recognize Fareway CEO Reynolds Cramer as one of the three 2022 inductees to the Iowa Business Hall of Fame.
The inductees will be honored during the Greater Des Moines Committee’s annual induction event on April 26 at The Meadows Events and Conference Center. The Iowa Business Hall of Fame honors the achievements of those who have made outstanding contributions to the development and enhancement of Iowa’s business climate.
Cramer’s 34-year history with Fareway dates to when he began working at 16 years old. After working as assistant manager, followed by store manager, Cramer was promoted to district supervisor at the Boone corporate office in 2000. In 2008, he was elected to the real estate committee and has been instrumental in the placement of new Fareway locations. After a series of promotions starting in 2009, Cramer was elected CEO for Fareway Stores in 2014.
With Cramer as CEO, Fareway’s employee counts have grown from 9,000 to more than 12,000, with more than $215 million paid in employee wages in 2022. In addition, 34 of Fareway’s 133 store locations have also come into existence, which equates to more than 25 percent growth in an eight-year time period.
Inductees to the Iowa Business Hall of Fame are selected on merit rather than endorsement. The criteria for selection are as follows:
- Business leadership: The nominee should lead or have led a business that has provided valued jobs and economic development to his/her community and the state, creating both wealth and workforce opportunity.
- Community development impact: They should have made an impact by improving the economies of the community and the state through their leadership in such organizations as chambers of commerce, economic development organizations or centers of education.
- Community volunteerism/leadership: The person should have personally given their time and financial resources for the betterment of the community through support of charities and organizations.
- Strategic leadership: The nominee should have contributed to community economic growth through visionary leadership, community problem-solving and building strategic alliances.
- Business recognition: They should be recognized by their peers as a business leader.
To register for the Greater Des Moines Committee’s Annual Induction Event on April 26, click here.
