This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Executive Summary. Earlier this year, Sinclair laid out a operational planthat includes adjusting its merchandising mix, refining its marketing and locating new stores closer to its distribution centers. On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. Stay in touch with the latest news from Sprouts! .topic-selector fieldset label input:checked ~ .radio { background-color: black } 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. 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. It is a "documentary novel" that combines the facts of the case with journalistic depictions of actual participants and fictional characters and events. Amin Maredia resigned at the end of December, focusing increasingly on direct food deliveries to customers, Your California Privacy Rights / Privacy Policy. ads view marital Status. Before that, he spent 14 years with Safeway PLC in London. Are we on the verge of a new grocery landscape? 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. Get todays need-to-know grocery industry intelligence. I am humbled and extremely privileged to be appointed chief executive officer of Sprouts Farmers Market, Sinclair stated. Most recently, Sinclair was CEO of 99 Cents Only Stores. Male . The company also announced that Brad Lukow, interim co-CEO and CFO has resigned. 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. In early May, Lukow (left) reported during Sprouts first-quarter earnings call that President and COO Jim Nielsen was taking a medical leave of absence. Learn More on Jack Sinclair's salary. 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. Boney is a co-founder of Sprouts, which opened its first store in 2002. From 2007 to 2015, Sinclair served as . "We are extremely excited to have Jack . /* Content Template: press-release-contact-info - start */ 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. Show Me Terms and Data Sources The grocer has been conducting a search for a new CEO since Amin Maredia stepped down from the position on Dec. 30, 2018. Jack Sinclair has not been actively trading shares of Sprouts Farmers Market during the last quarter. Sinclair's goal is for Sprouts to stand out by leaving traditional grocery retailing to the competition and concentrating on a distinct combination of assortment and shopping experience other stores arent able to match. 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. Jack joined Walmart in 2007 from McCurrach, a U.K.-based field merchandising business. .checkmark { position: absolute; top: 0; left: 0; height: 25px; width: 25px; background-color: #eee; } He has served on the board of directors of The Hain Celestial Group, a leading marketer, manufacturer and seller of organic and, Javits North Level 4, Room 404, Twilio Stage, Over the past two years, grocery retailers have had to reassess and adapt nearly every facet of their operations. .topic-selector [type="submit"] { margin-top: 1rem; padding-left: 2rem; padding-right: 2rem;} In 2019, the chain will make its debut in another three states: Louisiana, New Jersey and Virginia. 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 . The Sprouts Farmers Market executive team is 39% female and 61% male. } Walgreens ends purchasing restrictions around pediatric products, SN Top 10: Amazon, Kroger, Rite Aid top the week's headlines. 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. Sign up to have press releases delivered to your inbox. Prior to that, he was chief merchandising officer from 2015 to 2018. Kroger and Albertsons merger: What lies ahead? Jack Sinclair Appointed Chief Executive Officer, Chip Molloy Appointed Interim Chief Financial Officer. /* ----------------------------------------- */ Meator, rather, meat pricesstarred in stories about rising inflation at the grocery store in 2021. Prior to that, he was chief merchandising officer from 2015 to 2018. As the CEO of Sprouts Farmers Market, Inc., Mr. Sinclair earned a total compensation package of $5,773,120.00 in 2021. 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. .subscribe-modal .modal-btn-close { top: -2rem; color: white; } Before joining Walmart, Sinclair spent 14 years at Safeway PLC in London, where he was responsible for operations, merchandising and marketing for more than 450 supermarket and convenience store locations in the United Kingdom. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. There are no executives at Sprouts Farmers Market Inc getting paid more. Learn More on Jack Sinclair's trading history. .subscribe-modal { position: fixed; top: 0; top: 50%; transform: translateY(-50%); width: 100%; display: flex; flex-direction: column; background-color: white; padding: 0.75rem; } .topic-selector .checkmark:after { left: 8px; top: 4px; width: 8px; height: 13px; border: solid white; border-width: 0 3px 3px 0; -webkit-transform: rotate(45deg); -ms-transform: rotate(45deg); transform: rotate(45deg); } /* ----------------------------------------- */ Sprouts is one of Arizona's largest employers, with more than 4,500 statewide workers, according to this year's Arizona Republic 100 report. New store updates are important to our readers, so were adding a monthly feature to highlight them and demonstrate supermarket growth trends around the country. Herbert Mines Associates New York conducted the executive search for Sprouts new CEO. 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. 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. 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. .topic-selector fieldset > label:hover input ~ .checkmark, .topic-selector fieldset > label:hover input ~ .radio { background-color: #ccc; } Forward-Looking Statements This net worth estimate does not reflect any other assets that Mr. Sinclair may own. The board has appointed Lawrence (Chip) P. Molloy to serve as interim chief financial officer until a permanent successor has been named. Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. I look forward to working with Sprouts board of directors, leadership team and all Sprouts team members to continue furthering that purpose.. Jack Sinclair - CEO. Jack Sinclair is Chief Executive Officer, Director of Sprouts Farmers Market. Typically, in the grocery business, when sales and store traffic are down, an easy fix is having a big sale to bring in more customers and have them spend more, but Jack Sinclair, the CEO of . "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. I am humbled and extremely privileged to be appointed chief executive officer of Sprouts Farmers Market, said Sinclair. 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. Email address . Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. 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. Chart Data in Insider Trading History Table. He came to Sprouts from 99 Cents Only Stores, where he served as chief merchandising officer and later CEO. 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. See Jack Sinclair's age, phone number, house address, email address, social media accounts, public records, and check for criminal records on Spokeo. 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. 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. Boney is a founder of the company and has been a board member since 2002. Sprouts Farmers Market named Jack Sinclair its new CEO and board member, effective June 24, 2019. The Sprouts Healthy Communities Foundation drives lasting change in the health of our communities. He was previously senior vice president and general merchandise manager for the fresh food division of Walmart U.S., where he oversaw quality control and merchandising of produce, meat and seafood. With the move, announced late Thursday, Sprouts said that Brad Lukow, interim co-CEO and chief financial officer, has resigned from the company to pursue other opportunities. The Phoenix-based specialty grocers board has appointed Lawrence Chip Molloy as interim CFO until a permanent successor is named. The data presented on this page does not represent the view of Sprouts Farmers Market and its employees or that of Zippia. 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. 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. Last updated: 7 December 2022 at 6:15pm EST. Accessibility Statement | Privacy | Terms | Transparency. Learn More on Sprouts Farmers Market's active insiders. 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. 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. 5 things: Is your bakery department the best? 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. What is Jack Sinclair's net worth? On behalf of the board, we look forward to working with Jack as he leads Sprouts forward to continued success.. "It's just that to replicate that and get the buying right is no easy task.". He is also on the board of Federal Reserve Bank of San Francisco, Food . Also, Shon Boney, a founder of the company and a director since 2002, has stepped down from the board. "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. He has been chief executive officer of 99 Cents Only Stores LLC, a premier discount retailer with over 350 locations in the United States, since 2018 and prior to that was its chief merchandising officer from 2015 to 2018. PHOENIX, Ariz. - June 20, 2019 - Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that Jack L. Sinclair has been appointed as the company's chief executive officer and a member of its board of directors, effective June 24, 2019. This is our strategy,whether its pre-pandemic, post-pandemic or during the pandemic. Learn More on Jack Sinclair's contact information. 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. 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. float: left; From recipe site integrations to interactive videos, the retailer has embraced partnerships that aim to boost inspiration and ease for at-home cooking. 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. /sites/all/themes/penton_subtheme_supermarketnews/images/logos/footer.png, Interim Co-CEO and CFO Brad Lukow to leave company, Grocery sector ekes out slight sales gains in December, Albertsons special dividend clears court hurdle, Q4 traffic declines for many food retailers: Report, 2023 Informa USA, Inc., All rights reserved, In-store branded restaurants gain momentum. Registered in England and Wales. 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. VIEW FULL REPORT . 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. 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. Jack Sinclair is 59, he's been the Chief Executive Officer and Director of Sprouts Farmers Market Inc since 2019. Before joining Walmart, Sinclair spent 14 years at Safeway PLC in London, where he oversaw operations, merchandising and marketing for more than 450 Safeway supermarkets and convenience stores in the United Kingdom. Mr. Sinclair owns 207,638 shares of Sprouts Farmers Market stock worth more than $7,007,783 as of December 10th. Sprouts Farmers Market's insider roster includes Joel Anderson (Director), Brandon Lombardi (Insider), John Neal (Insider), Gilliam Phipps (CMO), and Jack Sinclair (CEO). Visit about.sprouts.com for more information. Sprouts' commitment to becoming an environmentally-conscious supermarket is closely tied to the demands of its customer base. Enter your email address below to get our daily insider buying and selling report. In addition, he makes $6,230,740 as Chief Executive Officer and Director at Sprouts Farmers Market Inc. Jack has made over 8 trades of the Sprouts Farmers Market Inc stock since 2020, according to the Form 4 filled with the SEC. The estimated Net Worth of Jack Sinclair is at least $20.6 Million dollars as of 5 December 2022. Jack Sinclair is 59, he's been the Chief Executive Officer and Director of Sprouts Farmers Market Inc since 2019. Sprouts Farmers Market has 35,000 employees, of which 23 are in a leadership position. 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, said Fortunato. Marital status. 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. He led our April 2011 merger with Henrys Farmers Market while acting as our outside counsel.

Brandon holds a Juris Doctor from the Sandra Day OConnor College of Law at Arizona State University and a B.S. As Sprouts Farmers Market continues to pose itself for growth, it also ends its search for a new CEO. Sprouts Farmers Market is 47% female and 53% male company-wide. Learn More about Jack Sinclair's net worth. The estimated net worth of Jack Sinclair is at least $6.47 million as of December 5th, 2022. Herbert Mines Associates New York conducted the executive search for the new chief executive officer of Sprouts Farmers Market, Inc. Specializing in fresh, natural and organic products,Sproutsemploys more than 30,000 associates and operates 300-plus stores in 19states. The Sprouts Healthy Communities Foundation drives lasting change in the health of our communities. during the companys third-quarter earnings call in October. Photo Illustration: Shaun Lucas/Industry Dive; Getty Images. 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. Here are further demographic highlights of the leadership team: The Sprouts Farmers Market executive team is 39% female and 61% male. He earned a bachelor of arts degree in English and philosophy from The University of Texas at Austin. Jack Sinclair named new CEO of Sprouts Farmers Market, COO Nielsen, CFO Lukow to serve as interim co-CEOs, Locations will be in Southeast, Eastern regions, Grocer will open 9 stores total during the period, Grocer experiences 2.3% increase in store comps. .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; } /* Content Template: press-release-contact-info - end */ jack sinclair, sprouts politics. Get notified the next time Jack Sinclair buys or sells Sprouts Farmers Market stock. 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. /* Content Template: template-for-press-releases - start */ The oldest executive at Sprouts Farmers Market Inc is Douglas Rauch, 68, who is the Independent Director. Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States. Boston is a novel by Upton Sinclair. 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. 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 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. 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. 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. Learn More about Jack Sinclair's net worth. The grocer plans to introduce a new store format next year that is 20% smaller than the 30,000-square-foot footprints typical Sprouts stores occupy today, yet is expected to bring in a comparable level of revenue. 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. 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. From December 2007 to April 2015, Mr. Sinclair was the Executive Vice President of the U.S. He joined the 350-store discount chain in July 2015 and was promoted to CEO in February 2018. .topic-selector fieldset input:checked ~ .checkmark:after { display: block; } in Global Business from Arizona State University. Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. 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. Born. Also known as: Mr Jack Sinclair . 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. Discover Opportunities in the New Copper Hotspot. 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. Podcast: How inflation is affecting pricing strategy. Sinclair has 35 years of experience in grocery and retail, previously serving as CEO of 99 Cents Only Stores. The emergence of new challenges will force grocery retailers to adapt their strategies and operations. Sprouts is the place where goodness grows. Lines and paragraphs break automatically. Sprouts Farmers Market has 35,000 employees, of which 23 are in a leadership position. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. That focus has led Sinclair and his team at Sprouts to think deeply about what a specialty grocer should be an effort that follows a rocky period for the format, and that's made more difficult by the myriad challenges brought on by the pandemic. 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. From 2007 to 2015, Jack was the executive vice president of the U.S. Brandon Lombardi serves as chief legal officer at Sprout. Susannah Livingston - VP of IR and Treasury. There are 5 older executives and no younger executives at Sprouts Farmers Market. Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. 2023 www.azcentral.com. 8% of employees are Black or African American. The shares were sold at an average price of $33.77, for a transaction totalling $2,902,632.81. Follow Jack Sinclair. 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. 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. /* ----------------------------------------- */ Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts Farmers Market or its management anticipates, plans, estimates, expects, or believes, or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the companys guidance, outlook, growth and opportunities. 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. From delivery robots to scan-and-go, some technology and vendor partnerships havent lasted for grocers. /* ----------------------------------------- */ Yes, I want event updates and special offers! Jack is a proven chief executive officer with an outstanding track record in grocery and retail merchandising. Mobile number. During the last year, Sprouts Farmers Market insiders bought shares 1 times. In this, 1101 New York Ave NW, Washington, DC 20005, North American grocery retailing trends for 2023. And all copyright resides with them is your bakery department the best serving as CEO of 99 Only... Commitment to becoming an environmentally-conscious supermarket is closely tied to the demands its! Appointed chief executive officer with an outstanding track record in grocery and,. To have press releases delivered to your inbox Sprouts from 99 Cents Only Stores, where he as!.Topic-Selector fieldset input: checked ~.checkmark: after { display: block ; } in Global business from State. 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