United Natural Foods Appoints Andre Persaud as President and Chief Executive Officer of Retail
31 Outubro 2023 - 5:15PM
Business Wire
Persaud brings to UNFI nearly 30 years of
retail experience and a track record of success.
United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or
“UNFI”) today announced the appointment of Andre Persaud as
President and Chief Executive Officer of Retail, effective November
6, 2023. Persaud will lead the Company’s two retail banners, CUB
(located primarily in Minnesota) and Shoppers Food Warehouse
(located primarily in Washington D.C. and Maryland). He will serve
on UNFI’s senior leadership team and report to Sandy Douglas,
UNFI’s Chief Executive Officer and President.
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United Natural Foods Appoints Andre
Persaud as President and Chief Executive Officer of Retail. (Photo:
Business Wire)
Persaud comes to UNFI after having spent nearly 30 years in
retail and the past 20 years in senior leadership roles with large
food and pharmacy operations. He is a results-driven and
collaborative leader with broad and diverse experience leading both
publicly and private equity owned retail organizations.
“Andre is a proven leader with a demonstrated track record of
success across a range of retail organizations,” said Douglas. “We
are excited for Andre to join our team and look forward to the
positive contributions he will bring to the Company in this
leadership position.”
Persaud has served as Chief Retail Officer of Rite Aid, leading
the $17 billion drugstore business in the capacity of President
/Chief Operating Officer; Executive consultant at Wakefern
Foods/ShopRite; Executive Vice President Retail at Shopko Stores;
Senior Vice President of Store Operations at Burlington; Senior
Vice President at Loblaw Companies Ltd; and held progressive
leadership roles at Shoppers Drug Mart and Wal-Mart Canada. Most
recently, he has served as senior advisor with Alvarez and Marsal
Consumer and Retail Group, working in a C-level capacity with a
respective client. Persaud also serves as a board advisor and
strategic advisor to Pharmacity, one of Vietnam's largest pharmacy
chains.
During his career, Persaud has been recognized by Mass Market
Retailers as one of the top fifty retail executives in North
America, Business Insider magazine as a top retail power player,
and by the National Diversity Council for leadership excellence. He
earned both his bachelor’s degree and master’s degree from State
University of New York at Buffalo.
About UNFI
UNFI is North America's premier grocery wholesaler delivering
the widest variety of fresh, branded, and owned brand products to
more than 30,000 locations throughout North America, including
natural product superstores, independent retailers, conventional
supermarket chains, ecommerce providers, and food service
customers. UNFI also provides a broad range of value-added services
and segmented marketing expertise, including proprietary
technology, data, market insights, and shelf management to help
customers and suppliers build their businesses and brands. As the
largest full-service grocery partner in North America, UNFI is
committed to building a food system that is better for all and is
uniquely positioned to deliver great food, more choices, and fresh
thinking to customers. To learn more about how UNFI is delivering
value for its stakeholders, visit www.unfi.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding the
Company’s business that are not historical facts are
“forward-looking statements” that involve risks and uncertainties
and are based on current expectations and management estimates;
actual results may differ materially. The risks and uncertainties
which could impact these statements include those described in the
Company’s filings under the Securities Exchange Act of 1934, as
amended, including its annual report on Form 10-K for the year
ended July 30, 2022 filed with the Securities and Exchange
Commission (the “SEC”) on September 27, 2022 and other filings the
Company makes with the SEC. Any forward-looking statements are made
pursuant to the Private Securities Litigation Reform Act of 1995
and, as such, speak only as of the date made. The Company is not
undertaking to update any information contained in this press
release to reflect subsequently occurring events or circumstances.
Any estimates of future results of operations are based on a number
of assumptions, many of which are outside the Company’s control and
should not be construed in any manner as a guarantee that such
results will in fact occur. These estimates are subject to change
and could differ materially from final reported results.
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version on businesswire.com: https://www.businesswire.com/news/home/20231031653992/en/
For UNFI Investors: Kristyn Farahmand 401-213-2160
kristyn.farahmand@unfi.com -or- Steve Bloomquist 952-828-4144
steve.j.bloomquist@unfi.com
For Media: UNFI Charles Davis +1 (215) 539-1696
charles.davis2@unfi.com
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