secwatch.observer — SEC 8-K summary
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Issuer:     UNITED NATURAL FOODS INC (UNFI)
CIK:        0001020859
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001020859-21-000062
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020859/000102085921000062/0001020859-21-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020859/000102085921000062/unfi-20210722.htm
  HTML page:      https://secwatch.observer/filing/0001020859-21-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer