Ahold Delhaize has announced that the president of Stop & Shop, Mark McGowan, is set to leave the organisation by the end of this year.
The president of Giant Food, Gordon Reid, will succeed McGowan and assume office in late July as the new president of Stop & Shop.
McGowan will remain with the company until the end of this year to ensure a smooth transition.
The senior vice-president of operations at Giant Food, Ira Kress, has been named its interim president.
'A Strong Foundation'
Chief executive of Ahold Delhaize USA, Kevin Holt, said, "Mark McGowan has had a tremendous impact for the Ahold Delhaize USA brands, as well as the communities they serve, and we thank him for his 30-years of tireless service."
"Under his leadership, Stop & Shop has built a strong foundation for transformation and expanded success that continues through our ‘Reimagine Stop & Shop’ initiative," he added.
An Industry Veteran
Reid is an industry veteran with more than 35 years of international retail experience.
He held different management positions at Boots, A.S. Watson Group and The Dairy Farm Group before joining Giant Food in 2013.
Reid serves as a member of the USO Washington-Baltimore Executive Board, Capital Area Food Bank Board, and is a member of the Partnership for a Healthier America.
He holds a bachelor’s of science in pharmacy from Heriot-Watt University in Edinburgh and a master’s degree in business administration from Nottingham University Business School in the UK.
'An Excellent Leader'
Commenting on Reid's appointment, Holt said, "Gordon is an excellent leader of people, with a strong focus on serving customers, engaging associates and supporting local communities."
"During his time at Giant Food, the brand has successfully grown sales and market share, and has strong associate engagement results," he added.
Giant Food operates 165 stores in the greater Washington, D.C. area, and is a part of Ahold Delhaize USA.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.
