United Natural Foods, Inc. Announces Management Changes
July 28, 2021 at 04:15 pm EDT
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United Natural Foods, Inc. announced the appointment of J. Alexander (Sandy) Miller Douglas to the role of a member of its Board of Directors effective August 9, 2021. Mr. Douglas is a proven, customer-focused, strategic leader who brings a broad background and expertise in distribution, sales, marketing, and e-commerce as the Company’s new CEO. Mr. Douglas was selected after an extensive search to replace Mr. Steven Spinner, who will retire from the Board, both effective August 9, 2021. Mr. Spinner will continue to provide Management and Board advisory services to UNFI through a transition period for up to one year after his retirement. Mr. Douglas most recently served as Chief Executive Officer of Staples, Inc. Also effective as of August 9, 2021, the UNFI Board has elected Mr. Jack Stahl to serve as Independent Chair of the Board. Mr. Stahl has served in senior leadership positions throughout his career, most recently as President and CEO of Revlon Inc., and currently serves as Lead Director of Catalent, Inc. With Mr. Stahl’s appointment as an independent Chair, Mr. Peter Roy will step down as the Company’s Lead Director, a position he has held since 2019, and will remain an active member of the UNFI Board. Mr. Stahl joined the Company’s Board in June 2019 and has served as the Chair of the Compensation Committee since September 2020. With Jack stepping into his new role as Chair of the Board, the Compensation Committee has appointed Ms. Daphne Dufresne as the new Compensation Committee Chair, also effective August 9, 2021. Mr. Stahl will continue to serve as a member of the Committee.
United Natural Foods, Inc. is a distributor of grocery and non-food products and support services provider to retailers in the United States and Canada. The Company operates through two segments: Wholesale and Retail. It also has a manufacturing division and a branded product line division. The Wholesale segment is engaged in the distribution of grocery and non-food products and provides support services to retailers in the United States and Canada. The Retail segment is engaged in the sale of groceries and other products at retail locations operated by the Company. Its other segment includes a single location food manufacturing business, which engages in the importing, roasting, packaging and distributing of nuts, dried fruit, seeds, trail mixes, granola, natural and organic snack items and confections, and the Companyâs natural branded product lines, primarily Blue Marble Brands. It offers approximately 250,000 products consisting of national, regional and private label brands.
UNITED NATURAL FOODS, INC. 
