Schnucks Revamps Top Brass
Schnuck Markets last week said that Todd Schnuck, president of the family-owned chain, would add the title of chief operating officer and take on responsibility of day-to-day store operations. In an interview with SN, he said the move made sense for the long-term succession planning at the business. Scott Schnuck, one of Todd's older brothers, remains chairman and chief executive officer
July 27, 2009
MARK HAMSTRA
ST. LOUIS — Schnuck Markets here last week said that Todd Schnuck, president of the family-owned chain, would add the title of chief operating officer and take on responsibility of day-to-day store operations.
In an interview with SN, he said the move “made sense for the long-term succession planning at the business.”
Scott Schnuck, one of Todd's older brothers, remains chairman and chief executive officer but turns over the operational responsibilities to Todd.
“It frees me up to do the things I should be doing as CEO,” Scott told SN. “Like being responsible for financial, organizational development and resources, legal, — it gives me time to look at the business the way I should in terms of strategy.”
He noted that he had been overseeing the operations of the chain, which runs 105 stores in seven states, for more than 20 years.
“It was tough to give it up, but I had to relieve Todd of the burdens of his last job so he could effectively be the COO of our business,” Scott Schnuck explained.
Scott Schnuck had been CEO since 2006 when longtime CEO Craig Schnuck, a brother of Todd and Scott, stepped aside to oversee growth planning and government affairs.
The company said Bill Bredenkoetter would also retire as senior vice president of operations after 38 years with the company, and Randy Wedel would retire as senior vice president of marketing and merchandising after 22 years. “They have been my right-hand men and partners,” Scott Schnuck told SN.
Other changes announced: Dave Bell was named chief financial officer; Ryan Cuba becomes vice president of store operations; Lori Caster becomes vice president of merchandising; Mary Moorkamp remains general counsel and secretary and takes on additional responsibility for real estate, facilities research, loss prevention and food safety; Rick Frede becomes chief talent and strategy officer; and Steve Carroll becomes vice president of logistics.
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