EMERYVILLE, Calif.--(BUSINESS WIRE)--Grocery Outlet Bargain Market, the fast-growing, extreme-value grocery retailer, today announced that its Board of Directors has appointed Eric Lindberg to Chief Executive Officer and MacGregor Read to Vice Chairman. Lindberg and Read previously held the position of Co-CEOs.
Lindberg joined Grocery Outlet Bargain Market in 1996 and began his tenure in operations before advancing through positions in retail marketing and procurement.
“I am excited to lead Grocery Outlet into the future and develop new opportunities for growth,” said Lindberg. “Grocery Outlet has a 68-year history of bringing extreme value to customers and building trusted partnerships with suppliers, and I look forward to building on our momentum and delivering value for our customers.”
Read joined Grocery Outlet Bargain Market in 1996 after multiple years in the food industry. He advanced through several internal positions over 22 years with Grocery Outlet including procurement, retail merchandising, real estate and construction before being named Co-CEO with Lindberg in 2006.
“Our sourcing strategy and relationships with our suppliers are key business differentiators about which I am passionate,”said Read. “I am looking forward to focusing on strengthening and building new supplier opportunities and relationships to continue to bring extreme value to our customers and support our growth.”
In addition, Grocery Outlet Bargain Market announced two executive promotions. Current Chief Merchandise, Marketing and Strategy Officer, RJ Sheedy joined Grocery Outlet in 2012 and will assume the position of President of Grocery Outlet Bargain Market. He will oversee purchasing, planning, marketing, strategy, IT and supply chain. Current Executive Vice President of Legal, HR and General Counsel, Pamela Burke joined Grocery Outlet in 2015 will assume the role of Chief Administrative Officer overseeing legal, risk, internal audit, safety and human resources.
Each announced title change and related responsibilities will officially go into effect starting January 1, 2019.
About Grocery Outlet
Based in Emeryville, California, Grocery Outlet offers big savings on brand name products, with customers able to save 40% to 70% compared to conventional retailers. The fastest growing, extreme-value grocer in the U.S., Grocery Outlet has more than 300 locations in California, Idaho, Nevada, Oregon, Pennsylvania and Washington. Grocery Outlet carries a full range of products. From fresh produce, meat, deli and dairy to a wide assortment of natural and organic choices. They also offer a large selection of beer and wine, health and beauty care, as well as seasonal items. A third-generation, family-led company founded in 1946, Grocery Outlet’s mission has always been to provide customers an exciting place to find WOW savings on name brands they trust. Grocery Outlet stores are run by independent owner-operators in the local community.
For more information about Grocery Outlet, please visit www.GroceryOutlet.com.
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