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Raley’s names Keith Knopf as CEO

Owner Michael Teel to continue as chairman

Russell Redman

September 28, 2018

2 Min Read
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Keith Knopf, president and chief operating officer of Raley’s, has been promoted to chief executive officer, succeeding owner Michael Teel.

Raley’s said late Thursday that Knopf, who also retains the title of president, will lead the supermarket chain’s strategic direction. Plans call for Teel to continue as chairman and help shape the company’s vision and purpose by serving as a consumer advocate and leading change in the food system.

“It is a privilege to work alongside Mike and the Raley’s leadership team,” Knopf said in a statement. “I am dedicated to perpetuating the company’s proud legacy and to making a difference in the health of the people we serve. I believe our 11,000 team members are committed to accomplishing these things together, and I am grateful for their dedication.”

Knopf joined Raley’s as COO in April 2015 and expanded his role at the West Sacramento, Calif.-based company with the addition of the president’s title in February 2017.

Mike_Teel_Keith_Knopf_Raleys_0.pngMichael Teel (left) calls Keith Knopf "a strong leader" with "proven success."

He came to Raley’s from department store chain Kohl’s, where he most recently served as senior vice president of retail store operations and omnichannel store integration. Before that, Knopf held the posts of vice president of business planning, strategy and operations at specialty apparel chain Victoria’s Secret and vice president of store operations at department store retailer Macy’s. He began his 25-year retailing career at May Department Stores Co., where he held leadership roles in store operations, merchandise planning, information technology and finance

Related:Raley’s makes checkstands ‘better for you’

“Keith is a strong leader, who has a passion for our people and our purpose,” said Teel. “He has proven success in moving our strategic priorities forward and growing our market share.”

Raley’s noted that Knopf has been pivotal in evolving the Raley’s brand and bolstering its market position. The company said he also has expanded Raley’s e-commerce presence, championed a personalized customer experience and led new store development, including the acquisition of six stores from Scolari’s Food & Drug in the Reno, Nev., market. Under his leadership, the retailer also has enhanced its offerings across categories with more better-for-you options.

“Keith and I are tightly aligned on the vision and direction of the company. I have confidence in him and the leadership team to lead the strategic direction to accomplish our vision,” added Teel. “With this change, I will be able to spend more time in the community with organizations that will help transform the food system alongside Raley’s.”

Overall, Raley’s operates 129 stores in California and Nevada under the Raley’s, Bel Air Markets, Nob Hill Foods, Food Source and Market 5-ONE-5 banners.

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

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