Natural Grocers by Vitamin Cottage Inc. has appointed Richard Hallé as chief financial officer, effective Jan. 1.
Hallé has served as a member of Natural Grocers’ board of directors and audit committee since 2012, and will succeed Todd Dissinger, who will retire on Dec 31.
“I am thrilled to welcome Rich to the Natural Grocers executive team as chief financial officer. Rich’s deep, strategic knowledge of our company from his many years of service on the board and strong background as a seasoned finance executive make him the ideal fit as we continue to execute to our founding principles,” said Kemper Isely, Natural Grocers’ chairman and co-president.
“He has a strong track record of value creation and brings significant experience in corporate finance, accounting, business operations and financial reporting to our company. We are grateful for Todd’s significant contributions to Natural Grocers during his tenure and appreciate his continued service through the end of 2024 to ensure a successful transition. We wish him the best in retirement.”
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Hallé served as a managing director of Alvarez and Marsal Private Equity Performance Improvement Group from March 2023 to October. From 2011-21, Hallé served as CFO of Vivial Inc., overseeing finance, including accounting, treasury, tax, planning, forecasting, budgeting and financial reporting. Previously, he served as CFO and secretary of DTN Holding Co. Inc. from 2003-08, and as a managing director of FTI Consulting Inc. from 2002-03, where he developed business and finance strategies.
Hallé will oversee Natural Grocers’ finance, accounting, treasury, financial planning and analysis, investor relations, project management office, internal audit, accounts payable, tax and payroll and benefits. He will begin his interim employment with the company on Nov. 4 in advance of his appointment to facilitate an orderly transition in the CFO role. He has resigned from Natural Grocers’ board of directors, audit committee and compensation committee.
“I am grateful to Kemper and our board for this opportunity,” Hallé said. “It has been a privilege to serve on Natural Grocers’ board, and I am excited to contribute in this new role as we work together to provide the communities we serve access to affordable, high-quality natural and organic products while creating value for our stockholders.”
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