Sprouts Farmers Market, Inc. Announces Retirement of Lawrence (“Chip”) Molloy as Chief Financial Officer
01 Agosto 2023 - 5:03PM
Business Wire
Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that
Lawrence (“Chip”) P. Molloy, chief financial officer, will retire
at the end of 2023.
“On behalf of the entire Sprouts community, I want to extend our
deepest thanks to Chip for his many years of leadership and
dedication to our company,” said Jack Sinclair, chief executive
officer of Sprouts Farmers Market. “Chip played an integral role in
Sprouts’ development into a national brand and helped to usher in
our long-term growth strategy. We are grateful for Chip’s many
contributions to Sprouts’ long-term success and wish him well in
his retirement.”
Molloy joined Sprouts in 2013 as a member of its Board of
Directors, and served as its interim chief financial officer from
June 2019 to February 2020. Mr. Molloy continued to serve on
Sprouts’ board prior to his appointment as its chief financial
officer in September 2021.
“It’s an honor to have been a part of Sprouts’ board and
executive leadership team,” said Molloy. “I’m proud of our
significant growth over the past 10 years and the strategic changes
we’ve made to mature into a financially robust company that’s
delivered value to its shareholders. Next year, I’ll be cheering on
Sprouts from the sidelines, and I wish the team continued
success.”
Sprouts will conduct an internal and external search for a
successor to Molloy.
Corporate Profile
True to its farm-stand heritage, Sprouts offers a unique grocery
experience featuring an open layout with fresh produce at the heart
of the store. Sprouts inspires wellness naturally with a carefully
curated assortment of better-for-you products paired with
purpose-driven people. 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. Headquartered in Phoenix, and one of the largest and
fastest growing specialty retailers of fresh, natural and organic
food in the United States, Sprouts employs approximately 31,000
team members and operates more than 390 stores in 23 states
nationwide. To learn more about Sprouts, and the good it brings
communities, visit about.sprouts.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230801259438/en/
Investor Contact: Susannah Livingston (602) 682-1584
susannahlivingston@sprouts.com
Media Contact: media@sprouts.com
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