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Stock impact report

Grocery Outlet Holding Corp. Announces the Transition of MacGregor Read from Executive Vice-Chairman to Non-Executive Vice Chairman of the Board of Directors

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
EMERYVILLE, Calif., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”), today announced that MacGregor Read is transitioning from Executive Vice-Chairman to Non-Executive Vice-Chairman of the Board of Directors effective April 1, 2020. Read, the grandson of Grocery Outlet founder Jim Read, has served in multiple roles at Grocery Outlet since 1993 across purchasing, retail merchandising, real estate & construction. MacGregor served as Co-CEO from 2006 to 2018, at which point he transitioned to the Executive Vice-Chairman role. “I couldn’t be more proud of the progress Grocery Outlet has made over the last seven decades,” said Read. “Since I started, our store base has tripled to more than 330 stores, and we have added over $2 billion in sales. During this time, we also assembled a highly talented and experienced management team to execute our strategic plan and to continue my grandfather’s mission of touching lives for th Show less Read more
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