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. From 2007 to 2015, Sinclair was the Executive Vice President of the U.S. Despite his background,Sinclair has no intention of letting Sprouts lose its edge by moving toward more traditional grocers. The corporate mailing address for Mr. Sinclair and other Sprouts Farmers Market executives is 5455 EAST HIGH STREET SUITE 111, PHOENIX AZ, 85054. Jack Sinclair, our chief executive officer and board member, brings more than 35 years of experience in retail and grocery to Sprouts since joining the company in June 2019. float: right; Dave earned his Bachelor of Science in Economics and Finance and his MBA from Bentley University. 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. I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. Based on our data team's research, Jack Loudon Sinclair is the Sprouts Farmers Market's CEO. ads view current number. 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. He is also on the board of Federal Reserve Bank of San Francisco, Food . 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. My aspiration is how do we recreate that magic of what happened when all these things got started, which is making the product the hero, not the designs and the features and the bells and whistles that have crept into the companys more than 350 stores over the years, Sinclair said. Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Sign up to have press releases delivered to your inbox. He has served as a board member of FMI The Food Industry Association since 2020 and was appointed to the Los Angeles branch board of directors of the Federal Reserve Bank of San Francisco in January 2021. 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. Jack Sinclair became CEO of Sprouts Farmers Market on June 24, 2019. The board has appointed Lawrence (Chip) P. Molloy to serve as interim chief financial officer until a permanent successor has been named. On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. 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. "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. Visit about.sprouts.com for more information. 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. /* Content Template: press-release-contact-info - start */ 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. Jack Sinclair Sprouts Farmers Market, Inc. (SFM) Phoenix, AZ Total Compensation for Fiscal Year Ending in 2022: $5,773,120 Sprouts Farmers Market, Inc. disclosed its CEO pay was 242 times its median employee's pay for the fiscal year ending in 2022. 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. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. The largest trade he's ever made was selling 85,953 units of Sprouts Farmers Market Inc stock on 5 December 2022 worth over $2,902,633. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. .topic-selector [type="submit"] { margin-top: 1rem; padding-left: 2rem; padding-right: 2rem;} While in private practice, Brandon served as outside general counsel and corporate secretary to public and private companies in a wide range of industries, including food retail, specializing in corporate governance, securities and corporate law, and mergers and acquisitions. He also has served on the board of The Hain Celestial Group, a manufacturer and supplier of organic and natural products, since 2017. From 2007 to 2015, Sinclair served as executive vice president of Walmarts U.S. grocery division. The employee data is based on information from people who have self-reported their past or current employments at Sprouts Farmers Market. 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. He came to Sprouts from 99 Cents Only Stores, where he served as chief merchandising officer and later CEO. Canada is already known as a miner's paradise. Related: Sprouts turns in double-digit sales gain for Q1, 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 Sprouts Chairman Joseph Fortunato. jack sinclair, sprouts politics. Shon Boney and Kevin Easler founded 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. Were going to be putting ourselves in a place where weve got exceptional value in our produce and everyday products.. Web page addresses and e-mail addresses turn into links automatically. 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. From 2001 to 2012, Gil led branding, innovation and product development roles at H-E-B. And the sales reflect that. He succeeded J. Douglas Sanders, who served as CEO following Sprouts' emergence as a public corporation in August 2013. Yes, I want event updates and special offers! Mobile number. Mr. Sinclair earned a salary of $1,118,616.00, stock awards of $3,242,414.00, options awards of $939,674.00, non-equity compensation of $458,632.00, and other compensation of $13,784.00. "We are extremely excited to have Jack . Male . Under Sinclairs guidance, Sprouts has shifted gears from simply offering produce and other good-for-you products at low prices to driving sales by directly targeting consumers he defines as health enthusiasts and innovation-seekers. @media screen and (min-width:640px) { Prior to that, he was chief merchandising officer from 2015 to 2018. Sinclair also will join the companys board. On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. He also previously was EVP of the U.S. grocery division for Walmart, where he led all aspects of the mass retailers grocery business and was instrumental in the divisions growth through a focus on local assortment and fresh foods. Learn More about insider trades at Sprouts Farmers Market. Sprouts said he spurred growth at the retail giants grocery business, which spans more than 4,000 stores, through a focus on local assortments and fresh foods. The company currently operates more than 320 stores in 19 states, and it expects to have 340 stores in 22 states by the end of this year. /* ----------------------------------------- */ What is Jack Sinclair's net worth? Get notified the next time Jack Sinclair buys or sells Sprouts Farmers Market stock. I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose., Joseph Fortunato, Sprouts' chairman, said the board is extremely excited to have Jack Sinclair as our new chief executive officer following a thorough search and selection process. That's because copper is critical to the world's shift to renewable energy. Meator, rather, meat pricesstarred in stories about rising inflation at the grocery store in 2021. This net worth estimate does not reflect any other assets that Mr. Sinclair may own. But in the 18 months since he arrived at the specialty grocer,Sinclair has dramatically accelerated the pace of change, positioning Sprouts to better connect with its core audience while setting aside initiatives he felt weren't bearing enough fruit. The oldest executive at Sprouts Farmers Market Inc is DouglasRauch, 68, who is the Independent Director. Information on this page was last updated on 12/5/2022. Jack Loudon Sinclair is Chief Executive Officer at Sprouts Farmers Markets Inc. See Jack Loudon Sinclair's compensation, career history, education, & memberships. Subscribe to Grocery Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, By Catherine Douglas Moran, Julia Himmel and Shaun Lucas , Mintec and Urner Barry combine to create a market leading Price Reporting Agency (PRA) and Dat, Treeline's Top Rated Cashew Cream Cheese Now In Single Serving Snack Packs, Revionics Reinvents Science Behind Retail Promotions with New Promo Tool, FDA Food Safety Guidance and the Coming Food Delivery Chaos, That focus has led Sinclair and his team at Sprouts to think deeply about what a specialty grocer should be, 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,. Jack Sinclair is Chief Executive Officer, Director of Sprouts Farmers Market. 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 . .topic-selector label > input { margin-bottom: 0; opacity: 1; cursor: pointer; } The grocer has been conducting a search for a new CEO since Amin Maredia stepped down from the position on Dec. 30, 2018. In 2018, the fresh, natural and organic grocer opened 30 stores, and this year it aims to open another 28. 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. He oversees new format development, real estate site selection, construction, and merchant services. /* ----------------------------------------- */ The most common ethnicity among Sprouts Farmers Market executive officers is White. 11% of Sprouts Farmers Market's management is Black or African American. Forward-Looking Statements during the companys third-quarter earnings call in October. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. /* Content Template: template-for-press-releases - end */ Photo Illustration: Shaun Lucas/Industry Dive; Getty Images. 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 . Sinclair brings decades of retail experience with him to the new role and with Sprouts' ambitious growth plan, Sinclair will have to hit the ground running."I am humbled and extremely privileged to be appointed 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. 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. Sprouts is a company with a higher purposeto empower every person to eat healthier and live a better lifeand the commitment of its 30,000 team members to drive lasting change in the communities they serve truly resonates with me. In 2019, the chain will make its debut in another three states: Louisiana, New Jersey and Virginia. Get todays need-to-know grocery industry intelligence. He previous served Kroger since 2012, most recently as vice president of branding, marketing & Our Brands. Sinclair has 35 years of experience in grocery and retail, previously serving as CEO of 99 Cents Only Stores. I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. The healthy grocer continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. 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. Most recently, Jack Sinclair sold 85,953 shares of the business's stock in a transaction on Monday, December 5th. Registered in England and Wales. Specializing in fresh, natural and organic products,Sproutsemploys more than 30,000 associates and operates 300-plus stores in 19states. None of the information on this page has been provided or approved by Sprouts Farmers Market. Mr. Sinclair served on the board of directors of The Hain Celestial Group (NASDAQ: HAIN), a leading marketer, manufacturer and seller of organic and natural products, from September 2017 to June 2019. Brandon Lombardi serves as chief legal officer at Sprout. The leadership flux comes as Sprouts pursues an aggressive growth strategy. He 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. 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. Prior to that, he led various levels of branding and product development at Hormel Foods.

Gil is an advocate for helping communities and serves as a member of the Board of Directors of Artswave, an organization that helps fund over a hundred arts organizations in dozens of communities. 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. The company also announced that Brad Lukow, interim co-CEO and CFO has . Learn More on Jack Sinclair's age. Most recently, Sinclair was CEO of 99 Cents Only Stores. 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, Fortunato said. 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. Sprouts Farmers Markets search for a new CEO has concluded with the appointment of seasoned retail veteran Jack Sinclair, who was EVPof WalmartsU.S. grocery division from 2007 to 2015. 8% of employees are Black or African American. See Jack Sinclair's age, phone number, house address, email address, social media accounts, public records, and check for criminal records on Spokeo. Biden earmarked $226 billion in new infrastructure projects all requiring copper. Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. PHOENIX, June 08, 2020 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that J. Scott Neal will join the company as chief fresh merchandising officer, effective. .topic-selector fieldset > label { margin-left: 1.5rem; margin-bottom: 0.5rem; display: flex; position: relative; cursor: pointer; -webkit-user-select: none; -moz-user-select: none; -ms-user-select: none; user-select: none; padding-left: 35px; } Stay in touch with the latest news from Sprouts! Sprouts sticking to its expansion game plan, Sprouts turns in double-digit sales gain for Q1, Allowed HTML tags:

. 2022 SFM, LLC. Previously, Mr. Sinclair served as Chief Executive Officer of 99 Cents Only Stores LLC, a premier discount retailer, from February 2018 to June 2019,and prior to that was its Chief Merchandising Officer from July 2015 to February 2018. Sprouts' commitment to becoming an environmentally-conscious supermarket is closely tied to the demands of its customer base. 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. '", Get the free daily newsletter read by industry experts. The appointments of Sinclair and Molloy go into effect on Monday, Sprouts said. Chip has chaired our audit committee for several years, and his deep knowledge of Sprouts business, strategy and financial operations and experience with the investment community make him best suited to lead Sprouts financial affairs while we conduct our search for a permanent chief financial officer, Fortunato said. He 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. He earned a bachelor of arts degree in English and philosophy from The University of Texas at Austin. Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States. Jack earned a bachelors degree in economics and marketing from The University of Strathclyde, Glasgow, Scotland. } Jack Sinclair corporate profile, background and performance evaluation including other Sprouts Farmers executives 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. PHOENIX, Ariz. June 20, 2019 Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that Jack L. Sinclair has been appointed as the companys chief executive officer and a member of its board of directors, effective June 24, 2019. From recipe site integrations to interactive videos, the retailer has embraced partnerships that aim to boost inspiration and ease for at-home cooking. PHOENIX, AZ - Right in the middle of its rapid expansion, Sprouts Farmers Market announced it has appointed a new CEOJack L. Sinclair, effective June 24 of this year. Brandon leads the companys Legal, Business Protection and Safety, Licensing and Permitting, and Corporate Social Responsibility departments.

Prior to joining Sprouts, Brandon was a corporate and securities attorney at the international law firm of Greenberg Traurig, LLP from 2002 to 2012. .checkmark { position: absolute; top: 0; left: 0; height: 25px; width: 25px; background-color: #eee; } 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. Additionally, Mr. Sinclair receives a salary of $1,590,000.00 as CEO at Sprouts Farmers Market. Sprouts Farmers Market, Inc. specializes in fresh, natural and organic products at prices that appeal to everyday grocery shoppers. He earned a bachelors degree in economics and marketing from The University of Strathclyde, Glasgow, Scotland. Mushkin said Sinclair's efforts to help Sprouts stand out in the minds of the consumers it wants to reach are on target given that shoppers have cut down on the number of stores they visit in light of the pandemic, a dynamic that has put pressure on specialty grocers. Prior to that, he was chief merchandising officer from 2015 to 2018. 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. Prior to joining Walmart, Mr. Sinclair spent 14 years at Safeway PLC in London from 1990 to 2004, where he held several senior management positions that included responsibility for operations, merchandising and marketing for over 450 Safeway supermarket and convenience store locations throughout the United Kingdom. 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