by Kevin Griffin/The Griffin Report Before the story broke in the media earlier this month about the campaign to oust Arthur T. Demoulas as head of The Market Basket chain, I began receiving emails and phone calls from friends and colleagues in the trade at an alarming rate. It’s been a while since I’ve heard […]
Tag: management
Chief Restructuring Officer Now Running Belle Foods
The father-and-son team that founded Belle Foods in Birmingham just more than a year ago gave up control of the bankrupt grocery chain to New York-based Carl Marks Advisory Group (CMAG) on Monday. CMAG partner, J. Jette Campbell, will be running Belle Foods. Al.com reports that U.S. Bankruptcy Court Judge Jack Caddell ordered the move […]
Alco Stores To Be Acquired By Argonne Capital Group
Alco Stores Inc., a general merchandise retailer specializing in providing a superior selection of essential products for everyday life in small-town America, and Argonne Capital Group LLC, a private investment firm based in Atlanta, have entered into a definitive merger agreement. Under the terms of the merger agreement, Argonne will acquire all of the outstanding […]
Grossman: ‘Women Must Hold Companies Accountable’ For Change
HSN Inc. CEO Mindy Grossman told executives at the Network of Executive Women’s (NEW) Executive Leaders Forum on Wednesday that women “can lean in for the next 30 years and it will not be enough unless we hold boards and CEOs accountable.” Referring to Sheryl Sandberg’s book, “Lean In,” Grossman said, “As senior executives, I […]
Coke’s Kent: Women Are Critical To Business Success
When women are put in leadership roles, “brands get better and morale gets better,” Muhtar Kent, chairman and CEO of The Coca-Cola Co., told 300 senior executives at the Network of Executive Women (NEW) Executive Leadership Forum in Los Angeles on Wednesday. Gender equality—especially in sales and marketing organizations—is “a huge enabler to repeat success,” […]
Natural Grocers Elects Cerkovnik To Board Of Directors
Natural Grocers by Vitamin Cottage Inc. has elected Edward Cerkovnik to be an independent member of the board of directors. As a Class III director, Cerkovnik will hold that position until the annual meeting of stockholders in 2015. Cerkovnik is an additional, not replacement, member of the board—bringing the total number of board members to […]
Ocean Spray Appoints Global Chief Marketing Officer
Ocean Spray Cranberries Inc., a grower-owned cooperative, has appointed Thano Chaltas to the newly created role of global chief marketing officer. Chaltas will be responsible for global brand development and will be part of the cooperative leadership team. He will report directly to Ken Romanzi, SVP and COO of Ocean Spray Brands. “As the world’s […]
Supervalu Appoints New CFO
Supervalu Inc. has named Bruce Besanko as the company’s EVP and CFO, effective Aug. 7. Besanko joins Supervalu after serving as EVP of finance, CFO and chief administrative officer for OfficeMax. “I’m very excited to welcome Bruce to Supervalu,” said Sam Duncan, president and CEO. “Having worked with him during a successful turnaround at OfficeMax, […]
Publix Leases Office For New Division Headquarters
Publix, which plans to enter North Carolina with its first stores in the state in early 2014, has reportedly signed a lease for an office in Charlotte. The nearly 16,000-s.f. space at Two Lakepointe Plaza off West Tyvola Road near Renaissance Park will serve as the division headquarters in the area. The new division will […]
Consumers Still Not Buying Into Sustainability At Store Shelves
Why aren’t consumers putting their money where their sustainable aspirations are? The answer, according to a report released this week by The Hartman Group, lies somewhere in the widening gap between familiarity with the term “sustainability” and consumers’ ability to identify sustainable products or companies. The report, “Sustainability 2013: When Personal Aspiration and Behavior Diverge,” […]
Chobani Adds Two To Executive Lineup
Chobani Inc. has appointed David Denholm as president and COO, effective July 29, and Peter McGuinness as chief marketing and brand officer, effective July 22. The company says the addition of these two executive leaders signals a continued focus on growing the business and the momentum behind the Chobani brand, which has reached more than […]
Shoppers President Leaves Company After Less Than A Year
Shoppers President Bob Bly has decided to leave the company to pursue new career opportunities. Supervalu, the Bowie, Md.-based chain’s parent company, made the announcement today. Bly was appointed president of Shoppers in August 2012. Prior to joining Supervalu, he was a VP for Sears Holdings Co. Bob Gleeson, VP of merchandising, and Micky Nye, VP […]
P&G Exec Flannery Joins GMA’s Senior Leadership Team
Jim Flannery has been appointed senior executive VP of operations and industry affairs for the Grocery Manufacturers Association (GMA). “I am pleased that Jim Flannery is joining the GMA team,” says Pamela G. Bailey, president and CEO of GMA. “Given his life-long experience and success in the consumer packaged goods industry, and his in-depth knowledge […]
United Fresh Launches Wholesaler-Distributor Operations Survey
United Fresh has rolled out the Wholesaler-Distributor Operations Benchmarking Survey, designed to assist wholesalers and distributors in measuring the effectiveness of their warehouse management, transportation fleets and overall operations. “The Wholesaler-Distributor Board put a great deal of effort into developing this survey,” said Ron Carkoski, United Fresh chairman-elect, past chairman of the Wholesaler-Distributor Board and […]
ROFDA Adopts Recall InfoLink Solution
The Retailer Owned Food Distributors & Associates (ROFDA), the largest cooperative of independent food wholesalers, is now using a recall process management technology from Recall InfoLink. The Recall InfoLink solution has been successfully deployed at ROFDA members Affiliated Foods of Amarillo, Associated Grocers-Baton Rouge, Olean Wholesale Grocers and Associated Grocers of the South. Other members […]
Compton Named To Crossmark Board Of Directors
Crossmark, a leading sales and marketing services company in the consumer goods industry, has named John Compton to its board of directors to serve along with principals of Warburg Pincus, a leading global private equity firm. Compton spent most of his career as a senior executive at PepsiCo, most recently serving as president of PepsiCo. […]
Target’s Co-Founder, First President Dies At 88
Mr. Douglas James Dayton, who led the transformation of his family’s department store into Target Corp., lost a long battle with cancer Friday. He was 88 years old. The Associated Press reports that Mr. Dayton was the youngest of George Nelson Dayton’s five sons who took over the family’s downtown Minneapolis department store from their […]
A Difficult Personnel Decision Some Executives Can’t Make
The recent series of events that led to the termination of Rutgers University’s head basketball coach, Mike Rice, brought to the forefront an issue faced by many executives. For those of you that missed the story, Coach Rice was secretly filmed conducting what for him was a typical practice. The issue was that for Coach […]
Unified Refinances Senior Debt
Unified Grocers Inc., the largest wholesale grocery distributor in the western U.S., said today that it has successfully completed a refinancing of its senior credit facilities. The refinancing included both the replacement of the existing revolving credit facility together with the pay-down of approximately half of its higher rate senior secured notes. The Commerce, Calif.-based […]
Campbell’s Appoints Barroso SVP Of Global R&D
Campbell Soup Co. today appointed Carlos Barroso as SVP of global research and development, reporting to Denise Morrison, Campbell’s president and CEO. Barroso’s appointment becomes effective July 31. “Research and development is an essential ingredient in our recipe for delivering the meaningful, consumer-focused innovation needed to change our company’s growth trajectory,” says Morrison. “Carlos brings […]
