Grocery Outlet Holding Corp. (NASDAQ: GO) has appointed Paul Miller as EVP, chief purchasing and merchandising officer, and Ian Ferry as EVP and chief financial officer, both effective June 9. The company also affirmed its financial outlook for the second quarter and fiscal year 2026 originally provided on May 13.
Miller, a former key executive in the company’s purchasing organization, returns to lead the integrated purchasing and merchandising organization, succeeding Matt Delly, who will depart the company. Ferry is promoted from his current role as SVP, strategic finance, investor relations and treasurer, succeeding Chris Miller, who is retiring and will remain with the company through June 26 to support the transition.
Chairman: Miller ‘One of the Most Talented Merchants’ in Company History
“Having worked alongside Paul for many years, I can say without hesitation that he is one of the most talented merchants and leaders in Grocery Outlet’s history,” said Eric Lindberg, chairman of the board of directors. “Paul played a central role in building the company’s opportunistic buying organization, supplier relationships and treasure hunt experience that have become defining competitive advantages for Grocery Outlet.
“As we continue strengthening performance and sharpening our competitive differentiation, Paul’s return reinforces one of the foundational strengths of our business, and I am thrilled to welcome him back to the executive team.”
CEO: Leadership Moves Support Profitable Growth
“As we strengthen Grocery Outlet and continue our efforts to restore sustainable, profitable growth, we are fortunate to add two proven and accomplished leaders to our executive leadership team,” said Jason Potter, president and CEO. “Paul has been supporting our recent efforts to sharpen our focus on opportunistic product in an advisory capacity, and we are delighted to welcome him back on a full-time basis. Few people understand the art and science of opportunistic buying at scale better than Paul. His return reflects our commitment to strengthening the treasure hunt experience that differentiates Grocery Outlet and creates value for our customers.
“Ian has quickly become a trusted strategic partner to our executive team. His combination of operating discipline, financial expertise, capital management experience and strategic focus has already helped advance several of our most important initiatives. Ian understands our business, our opportunities and the actions required to create long-term shareholder value, making him an ideal fit for our next chief financial officer,” Potter said.
“I would like to thank Chris and Matt for their many contributions to Grocery Outlet. Chris has been a valued partner during an important transition period for our company, helping strengthen our financial organization and supporting key operational initiatives. Matt has brought energy, leadership and strategic thinking to our purchasing and merchandising organizations, helping position the business for future success.”
A 25-Year Veteran Returns to Lead Purchasing
Miller is a 25-plus-year Grocery Outlet veteran who most recently served as SVP of purchasing until his retirement in 2024. He was a key member of the executive team during one of the most successful periods in the company’s history, helping build and scale its opportunistic buying capabilities. Miller has recently served as an advisor to the company focused on strengthening the treasure hunt experience.
“Grocery Outlet has always thrived when we stay focused on our core competency: delivering deeply discounted, opportunistic product to value-seeking customers,” said Miller. “I’m excited to work with this executive team on delivering our next chapter of growth and honored to lead the most entrepreneurial merchants in America.”
Finance Leader Brings Two Decades of Investment Experience
Since joining Grocery Outlet in 2025, Ferry has led FP&A, treasury, investor relations and strategic finance functions. Prior to joining Grocery Outlet, he spent more than two decades in finance and investing, including as a senior investment leader and partner at Jackson Square Partners and in investment roles at Fidelity Management & Research and HarbourVest Partners.
“I am honored to serve as the company’s next chief financial officer,” said Ferry. “Grocery Outlet has a differentiated business model, an exceptional team and a significant opportunity to create value for customers, independent operators, employees and shareholders. I look forward to working closely with Jason, our leadership team and board as we continue strengthening the business, investing in growth and executing our long-term strategy.”
About Grocery Outlet
Emeryville, California-based Grocery Outlet Holding Corp. (NASDAQ: GO) is a high-growth, extreme value retailer of quality, name-brand products at prices generally 40-70 percent below conventional grocery stores. The company operates more than 500 stores in California, Oregon, Washington, Pennsylvania, Idaho, Nevada, Maryland, New Jersey, Delaware and Ohio.
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