Save A Lot has promoted Bill Mayo, chief operating officer, to the role of CEO as Fred Boehler steps back from management of day-to-day operations. Boehler will remain in an advisory role to Mayo and the board of directors over the coming months.
“I’m honored to serve alongside our experienced and talented team who work hard every day to deliver outstanding value and quality groceries to neighborhoods across the country,” Mayo said. “I love this brand and what it represents for our retailers and especially our customers. Save A Lot has a unique industry positioning, and we’re poised to deliver a new era of growth.”
Mayo joined Save A Lot in March 2024 and was promoted to COO seven months later, with oversight of the merchandising, marketing, new business development, sales and retail operations teams.
Prior to Save A Lot, he spent 29 years at Wakefern Food Corp., where he served as chief administrative officer, leading strategic business initiatives that drove significant efficiencies by leveraging analytics of store-level demand management and increasing sales and net gross profit for the company’s international wholesale sales division.
Mayo’s experience at Wakefern, the largest retailer-owned cooperative in the U.S., crossed multiple departments, including logistics, merchandising, operations, technology, procurement and category management.
“As I step back from daily management of the Save A Lot business, I’m confident that Bill is the right leader to help steer the company through to its next phase of growth,” said Boehler, who joined Save A Lot’s board in 2021 and had served as CEO since October 2023.
“Bill has played a key role in resetting the company’s go-forward strategy and reclaiming Save A Lot’s value and retail leadership as both a wholesaler and an operator. I will be thrilled to watch the team’s continued success as the initiatives we’ve launched gain momentum.”
Mike Motz, chairman of the board, expressed appreciation for Boehler’s leadership.
“His continued work as an advisor will be invaluable,” Motz said. “We are also excited to expand our collaboration with Bill, who has demonstrated over the last 18 months strong expertise in both wholesale and retail. He will be a tremendous partner for the board and for Save A Lot retail partners alike.”
About Save A Lot
Founded in 1977, St. Louis-based Save A Lot is the largest independently owned and operated discount grocery store chain in the U.S., with some 700 stores in 30 states. For more information on becoming a Save A Lot independent retail operator, visit ownasavealot.com.
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