Stater hires Reed in real estate post

Michael Reed

Stater Bros. Markets on Tuesday said it has hired Michael Reed as senior director of real estate.

He most recently was real estate store development manager for Starbucks, with responsibility for growing the company’s Midwest and Western Mountain regions. He also has previous experience with a large supermarket company in Southern California, Stater Bros. said.

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“We have great confidence that Michael will do an outstanding job of leading our real estate division,” said Jack Brown, chairman and CEO of Stater Bros. “His management and real estate expertise will help Stater Bros. meet our present and future real estate needs.”

Stater Bros., based in San Bernadino, Calif., operates 167 supermarkets, with $3.9 billion in annual sales.