Following former Chairman Dennis Eidson’s retirement, SpartanNash Co. has appointed Douglas Hacker chairman of its board of administrators.
Hacker was formally voted in as chairman after the corporate’s 2021 annual shareholder assembly on May 26. He had beforehand been a director of Nash Finch since 2005, previous to its merger with SpartanNash in 2013, and has acted as SpartanNash’s lead unbiased director since May 2018.
“With Doug’s involvement in SpartanNash courting again 16 years, he brings an unimaginable depth of information about our enterprise,” stated Tony Sarsam, president and CEO of SpartanNash. “He shares a People First imaginative and prescient for our future, and I admire the chance to work with him to advance our business management.”
As an unbiased enterprise govt, Hacker is co-chair of the board of Minneapolis-based Columbia Funds, a mutual fund complicated with greater than $300 billion in belongings. In addition, he is a director and chairman of the audit and funding committees for Stamford, Conn.-based Aircastle Limited, a business plane leasing firm.
Hacker was previously the EVP of technique for UAL Corp., the previous identify of Chicago-based United Airlines Holdings, from 2002 to 2006. Prior to that place, he was UAL’s president of loyalty providers from 2001 to 2002 and EVP and CFO from 1999 to 2001. He was additionally beforehand a director for Travelport Worldwide Ltd. from 2016 to 2019 and for SeaCube Container Leasing Ltd. from 2010 to 2014.
Hacker’s transfer into the chairman place follows SpartanNash’s appointments of three new govt officers, six VPs and 11 administrators in 2021.
“This is an thrilling, transformational section for SpartanNash, as the corporate has just lately welcomed a number of new leaders and launched key initiatives for progress and operational excellence,” stated Hacker. “I’m privileged to proceed serving on the board and stay up for celebrating the crew’s future successes.”
On May 26, the board of administrators additionally permitted a quarterly money dividend of 20 cents per widespread share. The dividend might be paid on June 30 to shareholders of file as of the shut of enterprise on June 15. As of May 24, there have been 36,221,817 widespread shares excellent.
SpartanNash’s core companies embody distributing grocery merchandise to unbiased and chain retailers, its corporate-owned retail shops, and U.S. army commissaries and exchanges, in addition to recent produce distribution and recent meals processing. No. 39 on The PG 100, Progressive Grocer’s 2021 record of the top food and consumables retailers in North America, the Grand Rapids, Mich.-based firm serves buyer areas in all 50 states and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar and Djibouti. SpartanNash operates greater than 150 supermarkets, primarily below the banners of Family Fare, Martin’s Super Markets, D&W Fresh Market, VG’s Grocery, and Dan’s Supermarket.