UNFI appoints Sandy Douglas as CEO, Jack Stahl as Board Chair effective Aug 9, 2021

UNITED NATURAL FOODS INC

Steven Spinner retires as CEO and Board member effective Aug 9, 2021; will serve as consultant for one year.
Sandy Douglas (ex-Staples CEO, ex-Coca-Cola president) appointed CEO and Board member, effective Aug 9, 2021.
Jack Stahl elected Independent Chair of Board; Peter Roy steps down as Lead Director.
Douglas receives base salary $1.05M, cash bonus target 150% of salary, annual equity target $3.9M, plus $2M inducement equity award.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Steven L. Spinner

Chief Executive Officer

UNFI · UNITED NATURAL FOODS INC

Effective: 2021-08-09
Successor: J. Alexander Miller Douglas
Filed: July 28, 2021, 7:59 PM ET

Mr. Spinner’s resignation as CEO will be effective, and he will resign as Chair and a member of the Board.

Appointed

J. Alexander Miller Douglas

Chief Executive Officer

UNFI · UNITED NATURAL FOODS INC

Effective: 2021-08-09
Filed: July 28, 2021, 7:59 PM ET

the Board appointed J. Alexander Miller Douglas, 60, to the role of Chief Executive Officer and a member of the Board, effective August 9, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven L. Spinner resigned as Chief Executive Officer at UNITED NATURAL FOODS INC.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Mr. Spinner’s resignation as CEO will be effective, and he will resign as Chair and a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Alexander Miller Douglas was appointed as Chief Executive Officer at UNITED NATURAL FOODS INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

the Board appointed J. Alexander Miller Douglas, 60, to the role of Chief Executive Officer and a member of the Board, effective August 9, 2021.

View on SEC.gov

UNITED NATURAL FOODS INC filing history →

Source: SEC EDGAR

accession 0001020859-21-000062

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