Sponsored By

Ingles Markets promotes Patricia Jackson to chief financial officer

Company controller succeeds longtime CFO Ronald Freeman

Russell Redman

February 24, 2022

2 Min Read
Ingles_store_exterior_shot_0.jpg
Patricia Jackson has served as Ingles Markets' controller since joining the company in 2010.Ingles Markets

Patricia Jackson has taken the reins as chief financial officer at regional grocer Ingles Markets.

Previously controller for Asheville, N.C.-based Ingles, Jackson started in the CFO post yesterday, succeeding Ronald Freeman, who retired last week after serving in the CFO role for almost 17 years.

Patricia_Jackson-Ingles_Markets.jpg

Jackson (left) joined Ingles as controller in July 2010 after spending more than 18 years at Sisters of Mercy Services Corp., most recently as vice president and CFO. A licensed CPA, Jackson made valuable contributions as controller, and Ingles aims to “continue to benefit from her finance background and leadership expertise,” the company noted.

“We are proud to promote Pat Jackson as our new CFO,” Ingles Markets Chairman Robert Ingle said in a statement. “We look forward to her effective leadership and sound judgment helping us maintain our strong financial posture.”

Ingles announced in late December that Freeman planned to retire effective Feb. 16, and the company said its search for a new CFO would include both internal and external candidates. 

In November, Ingles reported that net sales for the 2021 fiscal year ended Sept. 25 climbed 8.2% to $4.99 billion, atop growth of 9.7% to $4.61 billion in fiscal 2020. The company also began fiscal 2022 on a strong note as first-quarter net sales rose 16.9% to $1.39 billion, with comparable-store sales up 10% year over year.

Related:Ingles Markets sees nearly 17% sales gain in Q1

Ingles Markets now operates 198 supermarkets in six states, including 75 in North Carolina, 65 in Georgia, 35 in South Carolina, 21 in Tennessee, and one apiece in Virginia and Alabama. The grocer also operates 111 in-store pharmacies, 107 fuel centers and a fluid dairy facility that supplies its supermarkets and unaffiliated customers.

About the Author

Russell Redman

Senior Editor
Supermarket News

Russell Redman has served as senior editor at Supermarket News since April 2018, his second tour with the publication. In his current role, he handles daily news coverage for the SN website and contributes news and features for the print magazine, as well as participates in special projects, podcasts and webinars and attends industry events. Russ joined SN from Racher Press Inc.’s Chain Drug Review and Mass Market Retailers magazines, where he served as desk/online editor for more than nine years, covering the food/drug/mass retail sector. 

Russell Redman’s more than 30 years of experience in journalism span a range of editorial manager, editor, reporter/writer and digital roles at a variety of publications and websites covering a breadth of industries, including retailing, pharmacy/health care, IT, digital home, financial technology, financial services, real estate/commercial property, pro audio/video and film. He started his career in 1989 as a local news reporter and editor, covering community news and politics in Long Island, N.Y. His background also includes an earlier stint at Supermarket News as center store editor and then financial editor in the mid-1990s. Russ holds a B.A. in journalism (minor in political science) from Hofstra University, where he also earned a certificate in digital/social media marketing in November 2016.

Russell Redman’s experience:

Supermarket News - Informa
Senior Editor 
April 2018 - present

Chain Drug Review/Mass Market Retailers - Racher Press
Desk/Online Editor 
Sept. 2008 - March 2018

CRN magazine - CMP Media
Managing Editor
May 2000 - June 2007

Bank Systems & Technology - Miller Freeman
Executive Editor/Managing Editor
Dec. 1996 - May 2000

Supermarket News - Fairchild Publications
Financial Editor/Associate Editor
April 1995 - Dec. 1996 

Shopping Centers Today Magazine - ICSC 
Desk Editor/Assistant Editor
Dec. 1992 - April 1995

Testa Communications
Assistant Editor/Contributing Editor (Music & Sound Retailer, Post, Producer, Sound & Communications and DJ Times magazines)
Jan. 1991 - Dec. 1992 

American Banker/Bond Buyer
Copy Editor
Oct. 1990 - Jan. 1991 

This Week newspaper - Chanry Communications
Reporter/Editor
May 1989 - July 1990

Stay up-to-date on the latest food retail news and trends
Subscribe to free eNewsletters from Supermarket News

You May Also Like