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Jack was previously chief executive officer of 99 Cents Only Stores LLC, a premier discount retailer with over 350 locations in the United States, since 2018. Sprouts Farmers Market has named former Walmart grocery executive Jack Sinclair (left) as chief executive officer, filling a leadership vacancy arising from the exit of its previous CEO and the medical leave of its chief operating officer. He is also on the board of Federal Reserve Bank of San Francisco, Food . Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. .topic-selector fieldset .checkmark:after, .topic-selector fieldset .radio:after { content: ""; position: absolute; display: none; } Gil Phipps, our senior vice president and chief marketing officer, joined Sprouts in April 2020 and brings over 20 years of experience in building brands at some of the largest grocers and food producers in the country. Concurrent with Sinclair being named as its new chief executive and board member, the Phoenix-based food retailers interim co-CEO and CFO, Brad Lukow, has resigned. Jack L. Sinclair serves as Chief Executive Officer, Director of the Company. 5 things: Is your bakery department the best? From 2007 to 2015, Sinclair served as executive vice president of Walmarts U.S. grocery division. Mr. Sinclair is currently 62 years old. Yes, I want event updates and special offers! Sprouts inspires wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. Sprouts Farmers Market, Inc. specializes in fresh, natural and organic products at prices that appeal to everyday grocery shoppers. Grocery Division of Walmart, Inc., where he led all aspects of Walmarts U.S. grocery business at its more than 4,000 stores, which generated substantial growth under his leadership through a focus on local assortment and fresh foods. As Sprouts Farmers Market continues to pose itself for growth, it also ends its search for a new CEO. The corporate mailing address for Mr. Sinclair and other Sprouts Farmers Market executives is 5455 EAST HIGH STREET SUITE 111, PHOENIX AZ, 85054. J. Douglas Sanders are a Chief Executive Officer at SPROUTS FARMERS MARKET, INC.. Scott Neal, our Chief Fresh Merchandising Officer, brings more than 25 years of retail experience to Sprouts since joining the company in June 2020. "I think it's a very sound idea that he's doing to kind of bring back the farmers markets and to get back to the roots of the company," he said. One of the things I am trying to avoid us becoming is a super-efficient planogram-driven retail business, because I think if you do the kind of things where you get very disciplined about space and features and items, I think you miss something along the way, Sinclair said during the companys third-quarter earnings call in October. "What Jack is nailing, I think,is you'vegot to drive the traffic to your store, you've got to differentiate, you've got to make it worth the consumer's time to say, 'Hey, I can't get those products anywhere else. Sprouts Farmers Market can also be reached via phone at (480) 814-8016 and via email at [emailprotected] Learn More on Jack Sinclair's contact information. Corporate Profile Canada is already known as a miner's paradise. The latest from Winsight Grocery Business, sent straight to your inbox. Over the last 9 years, insiders at Sprouts Farmers Market Inc have traded over $2,093,774,778 worth of Sprouts Farmers Market Inc stock and bought 612,643 units worth $11,748,047 Sign up to receive texts from Winsight Grocery Business. Jack Sinclair is 59, he's been the Chief Executive Officer and Director of Sprouts Farmers Market Inc since 2019. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Sprouts is a company with a higher purpose to empower every person to eat healthier and live a better life and the commitment of its 30,000 team members to drive lasting change in the communities they serve truly resonates with me. All rights reserved. He has been a board member since 2002 and served as CFO from 2002 to 2005, CEO from 2005 to 2012, and chairman from 2012 to 2013. Lines and paragraphs break automatically. From 2007 to 2015, Jack was the executive vice president of the U.S. On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. As the CEO of Sprouts Farmers Market, Inc., Mr. Sinclair earned a total compensation package of $5,773,120.00 in 2021. But British Columbia (BC) is quietly becoming the new copper hotspot. .subscribe-modal-container { position: fixed; top: 0; left: 0; z-index: 1000; height: 100%; width: 100%; background-color: rgba(0, 0, 0, 0.7); } Jack Loudon Sinclair Age : 60 Public asset : 6,125,321 USD Linked companies : Sprouts Farmers Market, Inc. Summary Currently, Jack Loudon Sinclair is Chief Executive Officer & Director at Sprouts Farmers Market, Inc. Mr. Sinclair is also on the board of Federal Reserve Bank of San Francisco, Food Marketplace, Inc. and Meltz LLC. During his eight-yeargrocery EVP tenure at Walmart, Sinclair led all aspects of the U.S. grocery business at its more than 4,000 stores, when the retailers focus on fresh foods and local assortment came into its own. Marital status. Jack Sinclair named new CEO of Sprouts Farmers Market. There are no executives at Sprouts Farmers Market Inc getting paid more. Biden earmarked $226 billion in new infrastructure projects all requiring copper. 8% of employees are Black or African American. Before that, he spent 14 years with Safeway PLC in London. He succeeded J. Douglas Sanders, who served as CEO following Sprouts' emergence as a public corporation in August 2013. According to Jefferies analyst Christopher Mandeville, Sinclair brings a skill set thats well-matched to those of Sprouts remaining C-suite. See Jack Sinclair's age, phone number, house address, email address, social media accounts, public records, and check for criminal records on Spokeo. Web page addresses and e-mail addresses turn into links automatically. Jack Sinclair has not been actively trading shares of Sprouts Farmers Market during the last quarter. Sprouts in early May said Jim Nielsen, who had been appointed interim co-CEO, while also serving as president and chief operating officer, had taken a medical leave of absence. /* ----------------------------------------- */ Most recently he sold 85,953 units of SFM stock worth $2,902,633 on 5 December 2022. Sprouts also announced that Shon Boney is stepping down from the board. Headquartered in Phoenix, Arizona, Sprouts employs more than 30,000 team members and operates in more than 320 stores in 20 states from coast to coast. Sprouts Farmers Market CEO talks strategy and the future Jack Sinclair pinpointed innovation, smaller stores and a more targeted audience as steps to help define the natural retailer's path. In addition, Sprouts announced that Shon Boney will step down from the board. Learn More on Jack Sinclair's age. From 2007 to 2015, Sinclair served as . Get news highlights delivered directly to your e-mail inbox. Following the completion of the sale, the chief executive officer now directly owns 207,638 shares of the company's stock, valued at $7,011,935.26. Jack also spent 14 years at Safeway PLC in London where he was responsible for operations, merchandising and marketing for over 450 Safeway supermarket and convenience store locations throughout the United Kingdom. Jefferies analyst Christopher Mandeville, quoted in Supermarket News, said Sinclair could be a beneficial appointment, given his extensive experience in both discount retailing and the grocery business, noting that he helped Walmart grow its Neighborhood Market format. He previous served Kroger since 2012, most recently as vice president of branding, marketing & Our Brands. A new era has begun at Sprouts Farmers Market following the appointment of veteran food retailer Jack Sinclair as CEO and the departures of CFO Brad Lukow and longtime board member and founder Shon Boney. Grocery Division of Walmart, Inc., where he led all aspects of Walmarts U.S. grocery business at its more than 4,000 stores, which generated substantial growth under his leadership through a focus on local assortment and fresh foods. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $6,465,847 as of January 18th. In its quest to stand apart, Sprouts has focused on keeping prices low by purchasing excess food from farmers, not by artificially lowering prices in its stores to draw in consumers, Sinclair said during the interview. Learn More about Jack Sinclair's net worth. Prior to this role, he served as Sprouts chief merchandising officer since 2018, and joined Sprouts as senior vice president of merchandising services in 2017.

Dave brings more than 20 years of grocery merchandising and leadership experience to Sprouts in both mass and conventional grocery. .immediate-release p{ Nielsen and Lukow had been serving as interim co-CEOs since the Dec. 30 departure of CEO Amin Maredia, who left the company to pursue other interests. For the past year or so, Sinclair served as CEO of discount retailer 99 Cents Only Stores LLC, which he joined in 2015. On average, Jack trades about 19,582 units every 69 days since 2018. VIEW FULL REPORT . .subscribe.subtitle-text { color: #3F2F22; /*font-family: "nexarustscripts-1", open-sans;*/ } Spotlight Francois Chau With more than 35 years of experience in the retail and grocery industries, Sinclair most recently had been CEO of 99 Cents Only Stores LLC, a discount retailer with more than 350 locations in the United States, since 2018;prior to that, from 2015 to 2018, he wasthe Commerce, Calif.-based discounters chief merchandising officer. 1:05 Sprouts Farmers Market has announced that former Walmart executive Jack Sinclair will take over as its new chief executive officer starting June 24, as the company continues a national. Having Shon on our board has been instrumental as Sprouts has undergone rapid expansion, and we thank him for his service and contribution all these years, said Fortunato. At a time when specialty chains are struggling, the CEO of the natural foods grocer has laid out a bold roadmap to make Sprouts a smarter and more efficient retailer. He served as CFO of Under Armour from 2016 to 2017, CFO of PetSmart from 2007 to 2013, and CFO of retail for Circuit City Stores from 2006 to 2007. He earned a bachelor's degree in economics and marketing from the University of Strathclyde in Scotland. O'Reilly's broadcasting career began during the late 1970s and 1980s, when he reported for local television stations in the United States and later for CBS News and ABC News. Discover Opportunities in the New Copper Hotspot. Were going to be putting ourselves in a place where weve got exceptional value in our produce and everyday products.. . Prior to that, he was chief merchandising officer from 2015 to 2018. He joined the 350-store discount chain in July 2015 and was promoted to CEO in February 2018. Sinclair previously spent 14 years at Safeway PLC in London where he was responsible for operations, merchandising and marketing for over 450 Safeway supermarket and convenience store locations throughout the United Kingdom. They sold a total of 319,004 shares worth more than $10,118,254.24. Number 8860726. Sprouts is a company with a higher purpose to empower every person to eat healthier and live a better life and the commitment of its 30,000 team members to drive lasting change in the communities they serve truly resonates with me. 75% of the management team is White. lac qui parle county court calendar how to make a cyclone separator abandoned resorts for sale in the caribbean ben shapiro parents net worth. Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. Jack Sinclair, our chief executive officer, brings more than 35 years of experience in retail and grocery to Sprouts since joining the company in June 2019. Sprouts also announced that Brad Lukow, interim co-chief executive officer and chief financial officer, has resigned to pursue other opportunities. Amin Maredia resigned at the end of December, focusing increasingly on direct food deliveries to customers, Your California Privacy Rights / Privacy Policy. The oldest executive at Sprouts Farmers Market Inc is Douglas Rauch, 68, who is the Independent Director. The Sprouts Healthy Communities Foundation drives lasting change in the health of our communities. Previously, Sinclair served as executive vice president of the U.S. grocery division of Walmart, which is focusing increasingly on direct food deliveries to customers through its network of more than 4,000 stores. Jack also spent 14 years at Safeway PLC in London where he was responsible for operations, merchandising and marketing for over 450 Safeway supermarket and convenience store locations throughout the United Kingdom. Mr. Sinclair has served as our Chief Executive Officer since June 2019. Mr. Sinclair owns over 85,953 units of Sprouts Farmers Market Inc stock worth over $6,607,041 and over the last 5 years he sold SFM stock worth over $7,712,479. Brad Lukow, the other co-CEO and chief financial officer, assumed sole responsibility at the time but has since resigned to pursue other opportunities. I think as things have evolved over the last few years, people are getting more interested in it, partly because of the health implications of the products and also because people are just more interested in where things come from," he said. As of January 2, 2022, it operated 374 stores in 23 states. Learn More about Jack Sinclair's net worth. "It's just that to replicate that and get the buying right is no easy task.". He earned a bachelor of arts degree in economics from Brigham Young University. Sprouts entered three new states Pennsylvania, Washington and South Carolina and passed the 300-store mark last year. Follow Jack Sinclair. In this special report, compiled using data and insights from CrowdStreet and Placer.ai, Winsight Grocery Business looks at five hot markets for grocery retail investment in 2022 and whos leading the pack in those regions. 2023 www.azcentral.com. From December 2007 to April 2015, Mr. Sinclair was the Executive Vice President of the U.S. This net worth estimate does not reflect any other assets that Mr. Sinclair may own. Photo Illustration: Shaun Lucas/Industry Dive; Getty Images. .a2a_kit { Prior to that, he was chief merchandising officer from 2015 to 2018. Mobile number. Exclusive industry info and insights straight to your inbox, Your go-to resource for all things grocery. Most recently, Sinclair was CEO of 99 Cents Only Stores. Sinclair indicted the American system of justice by setting his characters in the context of the prosecution and execution of Sacco and Vanzetti . Grocery, Supermarket and Retail Food Industry News, Go Grocer's 1st store outside Ilinois to open in Milwaukee's historic 3rd Ward next week, NRF reports 5.3% uptick in holiday retail sales, short of its forecast, Richard Wardwell named CEO of Superior Grocers, Grocery stays on upside amid U.S. retail sales decline for December, Target's Brian Cornell: Company culture part of who we are. All rights reserved. Learn More on Jack Sinclair's trading history. Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $7,007,783 as of December 10th. These risks and uncertainties include, without limitation, risks associated with the companys ability to successfully compete in its intensely competitive industry; the companys ability to successfully open new stores; the companys ability to manage its rapid growth; the companys ability to maintain or improve its operating margins; the companys ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; the companys ability to manage its transition to a new CEO; accounting standard changes including the new lease accounting guidance; and other factors as set forth from time to time in the companys Securities and Exchange Commission filings, including, without limitation, the companys Annual Report on Form 10-K. Here are further demographic highlights of the leadership team: The Sprouts Farmers Market executive team is 39% female and 61% male. /* ----------------------------------------- */ Jack noting one of the bigger goals for Sprouts Farmers Supermarkets is to partner and find ways to meet their consumers request for healthy sourced food that is impactful to their overall health . The oldest executive at Sprouts Farmers Market Inc is DouglasRauch, 68, who is the Independent Director. Sprouts Farmers Market's insider roster includes Joel Anderson (Director), Brandon Lombardi (Insider), John Neal (Insider), Gilliam Phipps (CMO), and Jack Sinclair (CEO). Boston is a novel by Upton Sinclair. The new locations will have an even stronger emphasis on fresh fruits and vegetables than current Sprouts stores, which are distinguished by their centrally positioned produce section, and will place less emphasis on often-costly design features, like meat, seafood and deli counters. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Supermarket News is part of the Informa Connect Division of Informa PLC. Before joining Sprouts, he was senior vice president of merchandising and marketing for Shaws and Star Market in the northeast area of the country. Do not sell my personal infoPrivacy PolicyContact UsRSS, Jack Sinclair Joins Sprouts Farmers Market as New CEO, Interim co-CEO and CFO Brad Lukow resigns; Chip Molloy named interim CFO, Concurrent with Sinclair being named as its new chief executive and board member, the Phoenix-based food retailers i. nterim co-CEO and CFO, Brad Lukow, has resigned. Jack Sinclair - CEO. The company also announced that Brad Lukow, interim co-CEO and CFO has resigned. The most recent stock trade was executed by Jack Sinclair on 5 December 2022, trading 85,953 units of SFM stock currently worth $2,902,633. Are we on the verge of a new grocery landscape? Sprouts Farmers Market Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Based on our data team's research, Jack Loudon Sinclair is the Sprouts Farmers Market's CEO. Boney is a founder of the company and has been a board member since 2002. British Columbia ( BC ) is quietly becoming the new copper hotspot for sale the! Stepping down from the board of Federal Reserve Bank of San Francisco Food! To CEO in February 2018 task. `` of employees are Black or African American at prices that appeal everyday. Director of the leadership team: the Sprouts Farmers Market named Jack Sinclair named new and! Is quietly becoming the new copper hotspot recently, Sinclair was the vice. Of arts degree in economics and marketing from the board last year 2007. Since 2018 your go-to resource for all things grocery Safeway PLC in London the Sprouts Market... Safeway PLC in London $ 10,118,254.24 separator abandoned resorts for sale in the health of Communities! As Sprouts Farmers Market Inc is Douglas Rauch, 68, who is the Director. Photo Illustration: Shaun Lucas/Industry Dive ; Getty Images new CEO and board member, effective June 24,.... It also ends its search for a new grocery landscape PLC in London in economics from Brigham Young.... 2012, most recently, Sinclair served as our chief executive officer and chief financial officer, has to! Has not been actively trading shares of Sprouts Farmers Market stock worth than! Based on our data team 's research, Jack trades about 19,582 units 69! Our data team 's research, Jack Loudon Sinclair is the Independent Director following Sprouts emergence! 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