/* Content Template: template-for-press-releases - end */ Related: Sprouts sticking to its expansion game plan. ads view landline number. Sinclair has served on the board of directors of The Hain Celestial Group, a leading marketer, manufacturer and seller of organic and natural products, since 2017. Learn More on Sprouts Farmers Market's active insiders. What is Jack Sinclair's net worth? The board has appointed Lawrence (Chip) P. Molloy to serve as interim chief financial officer until a permanent successor has been named. Grocery Division of Walmart, Inc. (NYSE: WMT), where he led all aspects of Walmarts U.S. grocery business for its more than 4,000 stores. Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona. Shon Boney and Kevin Easler founded Sprouts Farmers Market. This net worth estimate does not reflect any other assets that Mr. Sinclair may own. Before joining Sprouts Farmers, Jack Sinclair was the CEO at 99 Cents Only Stores. Today's stock market news features a Robotics stock with blue sky potential. "Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Learn More about Jack Sinclair's net worth. Prior to that, he was chief merchandising officer from 2015 to 2018. Zippia gives an in-depth look into the details of Sprouts Farmers Market, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sprouts Farmers Market. 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 expansion plan amid stiff grocery competition. Before joining the ultra-discounter, Sinclair was executive vice president of Walmarts U.S. grocery division, and earlier ran operations, merchandising and marketing for Safeway in London. After a months-long search, Phoenix-based Sprouts (Nasdaq: SFM) announced last week that Jack Sinclair, former CEO of 99 Cents Only Stores LLC, would take over as CEO on June 24. Yes, I want event updates and special offers! He served on the board of directors of The Hain Celestial Group, a leading marketer, manufacturer and seller of organic and natural products, from September 2017 to June 2019. Marital status. 2023 www.azcentral.com. Neal served Walmart over a 24 year career, including as vice president - divisional merchandising manager of meat from 2009 to 2011, vice president - divisional merchandising manager of commercial bread and bakery from 2007 to 2009, and vice president of international merchandising from 2000 to 2007.
Neal has also served as a member of the board of directors of Feeding America since 2016. Sprouts offers a complete shopping experience that includes an array of fresh produce in the heart of the store, a deli with prepared entrees and side dishes, The Butcher Shop, The Fish Market, an expansive vitamins and supplements department and more. /* ----------------------------------------- */ I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. Before joining Sprouts, he was senior vice president of merchandising and marketing for Shaws and Star Market in the northeast area of the country. I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. .topic-selector fieldset label input:checked ~ .checkmark { background-color: #006326; } He served on the board of directors of The Hain Celestial Group, a leading marketer, manufacturer and seller of organic and natural products, from September 2017 to June 2019. .subscribe-modal h2 { text-transform: uppercase; font-size: 2rem; font-family: "supernett-cn"; } Optional Caption Courtesy of Sprouts Farmers Market 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. Visit about.sprouts.com for more information. Landline number. Kroger and Albertsons merger: What lies ahead? 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. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. The Sprouts Farmers Market executive team is 39% female and 61% male. 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. The natural andorganic grocer also announced that Shon Boney will step down from the board. Molloy most recently served as interim chief executive officer of Torrid LLC during 2018. ads view marital Status. 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. The oldest executive at Sprouts Farmers Market Inc is DouglasRauch, 68, who is the Independent Director. He previous served Kroger since 2012, most recently as vice president of branding, marketing & Our Brands. 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. Most recently he sold 85,953 units of SFM stock worth $2,902,633 on 5 December 2022. From 2007 to 2015, Jack was the executive vice president of the U.S. Here are further demographic highlights of the leadership team: The Sprouts Farmers Market executive team is 39% female and 61% male. Sinclairs strategy at Sprouts builds on his past roles in the grocery industry, which steeped him in the importance of operational details in enabling a retailer to thrive. Sprouts is one of Arizona's largest employers, with more than 4,500 statewide workers, according to this year's Arizona Republic 100 report. 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. /* ----------------------------------------- */. We are extremely excited to have Jack Sinclair as our new chief executive officer following a thorough search and selection process by the board of directors, said Joseph Fortunato, chairman of the board of Sprouts Farmers Market. Accessibility Statement | Privacy | Terms | Transparency. See Jack Sinclair's age, phone number, house address, email address, social media accounts, public records, and check for criminal records on Spokeo. All rights reserved. Email address . On average, Sprouts Farmers Market Inc executives and independent directors trade stock every 15 days with the average trade being worth of $10,119,753. .topic-selector fieldset input:checked ~ .checkmark:after { display: block; } This net worth estimate does not reflect any other assets that Mr. Sinclair may own. "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. Jack Sinclair named new CEO of Sprouts Farmers Market. The shares were sold at an average price of $33.77, for a transaction totalling $2,902,632.81. /* Content Template: press-release-contact-info - start */ 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. This chart shows Jack Sinclair's buying and selling at Sprouts Farmers Market by year and by quarter. 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. .subscribe-modal .modal-btn-close { top: -2rem; color: white; } None of the information on this page has been provided or approved by Sprouts Farmers Market. The company intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more information becomes available, except as required by law. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. As of January 2, 2022, it operated 374 stores in 23 states. "We are extremely excited to have Jack Sinclair as our new chief executive officer following a thorough search and selection process by the board of directors," said Joseph Fortunato, chairman of the Sprouts Farmers Market board. Web page addresses and e-mail addresses turn into links automatically. Dave earned his Bachelor of Science in Economics and Finance and his MBA from Bentley University. The U.S. is awaking to a "passion for food" that other countries already have,Sinclair said as he reflected on his prior experience working in the grocery industry in the United Kingdom. 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. Occupation. 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. They purchased a total of 4,093 shares worth more than $100,196.64. .subscribe-modal .modal-btn-close { position: absolute; top: 0; right: 0; color: #006326; cursor: pointer; font-size: 2rem; } Sprouts Farmers Market has 35,000 employees, of which 23 are in a leadership position. Susannah Livingston - VP of IR and Treasury. 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. "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. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $7,007,783 as of December 10th. He was most recently interim chief executive officer of Torrid LLC in 2018. Sprouts Farmers Market, Inc. specializes in fresh, natural and organic products at prices that appeal to everyday grocery shoppers. Based on our data team's research, Jack Loudon Sinclair is the Sprouts Farmers Market's CEO. Also known as: Mr Jack Sinclair . Registered in England and Wales. The Sprouts Healthy Communities Foundation drives lasting change in the health of our communities. True to its farm-stand heritage, Sprouts offers a unique grocery experience featuring an open layout with fresh produce at the heart of the store. /* ----------------------------------------- */ In this, 1101 New York Ave NW, Washington, DC 20005, North American grocery retailing trends for 2023. Supermarket News is part of the Informa Connect Division of Informa PLC. 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. 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. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. Learn More on Jack Sinclair's salary. They sold a total of 319,004 shares worth more than $10,118,254.24. Born. Learn More about insider trades at Sprouts Farmers Market. Sprouts is the place where goodness grows. Photograph courtesy of Sprouts Farmers Market, I am humbled and extremely privileged to be appointed chief executive officer of Sprouts Farmers Market, Sinclair said in a statement. He has also worked for Tesco and Safeway PLC, where he eventually served on the board of directors that led the merger of Safeway PLC and Morrisons. Lines and paragraphs break automatically. Mr. Sinclair has served as our Chief Executive Officer since June 2019. during the companys third-quarter earnings call in October. 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. .topic-selector input[type="text"], .topic-selector input[type="email"] { background-color: #F7F7F7; } Learn More on Jack Sinclair's contact information. He earned a bachelor's degree in economics and marketing from the University of Strathclyde in Scotland. Sprouts Farmers Market, Inc. (NASDAQ:SFM) Q3 2021 Earnings Conference Call November 4, 2021 5:00 PM ETCompany Participants. PHOENIX, May 13, 2021 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that Jack Sinclair, chief executive officer, and Denise Paulonis, chief financial officer, will . "Sprouts is a company with a higher . According to the . .subscribe-modal { position: fixed; top: 0; top: 50%; transform: translateY(-50%); width: 100%; display: flex; flex-direction: column; background-color: white; padding: 0.75rem; } 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, who has decades of retail experience, will begin implementing Sprouts' ambitious growth plan immediately."I am humbled and extremely privileged to be appointed Chief Executive Officer of Sprouts Farmers Market," Sinclair said. There are 7 older and 12 younger executives at Sprouts Farmers Market Inc. Number 8860726. A seasoned retail CFO, Molloy has been a Sprouts board member since 2013. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $6,465,847 as of January 18th. Meanwhile, Sprouts board member and former PetSmart executive Lawrence Chip Molloy is serving as interim CFO until a permanent successor is named. 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