Grocery Outlet Names Read and Lindberg as Co-CEOs.BERKELEY, Calif. -- Grocery Outlet Grocery Outlet, first known as Canned Foods Grocery Outlet until 1992, is a privately owned supermarket chain. Founded in 1946 in San Francisco, California, it currently operates within the Western states of California, Oregon, Washington, Idaho, Nevada, and Arizona. Inc., an extreme-value retailer of 124 stores in 6 Western States and Hawaii, announced the appointment of MacGregor Read, currently vice president of real estate and construction, and Eric Lindberg, currently vice president of purchasing, to co-chief executive officers, effective immediately. Read and Lindberg will be responsible for driving the company's future business strategies while working with Bob Tiernan, president/COO, to drive the company's day-to-day operations. Steven and Peter Read will remain active board members, Steven as Executive Chairman and Peter Read as Chairman. In announcing the change, Steven Read commented, "MacGregor and Eric have both made significant contributions to Grocery Outlet, and are the nucleus of a great team charged with guiding us into our next phase of growth." "Eric and MacGregor have both done a sensational job, worked hard and advanced GOI's market opportunity," said Peter Read. "On behalf of our 'family' of stores and the entire Board, I want to express how excited we are at the prospect of these two leading this extraordinary company and talented management team to new heights of success in the years ahead." MacGregor Read began his career in the food industry with Lucky Stores Lucky Stores is an American grocery chain founded in Alameda County, California in 1935. Lucky is currently operated by Supervalu in Southern California and Nevada and by Save Mart in Northern California. in 1986. After graduating from the University of Pacific, he went to work for Del Monte Foods Del Monte Foods (NYSE: DLM) is an American food production and distribution company based in San Francisco, California. It offers canned goods in Del Monte, S&W and Contadina brands, pet foods under Kibbles n' Bits, 9Lives, Pounce, Milk-Bone and several premium brands, as a product manager. In 1996 he joined GOI GOI Government Of India GOI Government Of Indonesia GOI Government of Israel GOI Get Over It (chat) GOI Government of Iraq GOI Gross Operating Income GOI Gene of Interest GOI Gate Oxide Integrity GOI Germanium-On-Insulator where he advanced through several positions within the company until ultimately becoming the vice president of real estate and construction in 2004, responsible for the most aggressive new store growth in the history of the Company. Eric Lindberg's career at GOI also began in 1996. After starting in store operations, his career has taken him through the entire purchasing department Noun 1. purchasing department - the division of a business that is responsible for purchases business department - a division of a business firm : dry grocery, perishables, and GM/HBC GM/HBC General Merchandise/Health and Beauty Care . Lindberg was promoted to vice president of purchasing in 2001, where he has managed a team of 26 professionals. He holds a degree in Economics from Hampden-Sydney College Overview Hampden-Sydney enrolls over 1,100 students from thirty states and several foreign countries. The College enrolls young men of character and ability who will benefit from a rigorous and traditional liberal arts curriculum. . About Grocery Outlet: Grocery Outlet specializes in Bargains on brands you trust! (R) Consumers can discover significant savings on a wide variety of brand name products, including fresh produce, frozen and refrigerated re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. foods, dry groceries, beer and wine, health and beauty care, over-the-counter drugs, household products, toys, and gifts. The business currently encompasses 124 stores in 6 Western States and Hawaii. (WA, OR, ID, NV, AZ, CA, HI). www.groceryoutlets.com |
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