UNFI announced a new leadership and organizational structure to sharpen the company’s focus on key operational priorities designed to better support its customers, suppliers, associates, and the planet as it continues to build the team, capabilities, and technology that are key to its Fuel the Future strategy.
“We are on an aggressive path to drive shareholder value by helping to create sustainable, profitable growth with and for our customers and suppliers,” said UNFI CEO Sandy Douglas. “With positive momentum and a $140 billion addressable market with significant opportunities for selling more to existing and new customers, we are well positioned to attain these objectives. Our high performing, diverse leadership team, new organizational structure and value-based approach will ensure we are devoting maximum managerial talent and focus toward achieving these growth plans.”
Going forward, UNFI’s leadership team will be dedicated to four growth platforms: Services, Wholesale, Retail, and Corporate and Business Transformation, operating under the following leadership teams:
CORPORATE AND BUSINESS TRANSFORMATION PLATFORM
The leaders of UNFI’s corporate and transformation agenda will be focused on building capabilities for the future, value creation for our shareholders, and long-term sustainable growth for our customers and suppliers. Each of these leaders will continue to report to Sandy Douglas.
In addition to the above senior leadership team, UNFI has recruited talented leaders to accelerate growth in high priority areas of the business and support its strategy.
“Over the past six months we’ve sped decision-making and flattened our organization, brought in outside leaders to fill new roles, and elevated and focused existing UNFI leaders to create a diverse team that is aligned and motivated to deliver on our Fuel the Future strategy,” said Douglas. “As a key part of the leadership plan, Chris will now be able to give his full attention to our most critical growth areas, our services, and brands portfolios. I’m confident our customers and suppliers will benefit with greater value and offerings to their businesses.”
UNFI announced its three-year Fuel the Future strategy to investors in June 2021. The Company enters year two of the strategy with strong momentum and expects to have increased capital allocation flexibility as the Company remains on track to be within its longer-term target net leverage range well ahead of schedule.