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Whole Foods names new CFO, directors

Published 05/10/2017, 04:22 PM
Updated 05/10/2017, 04:30 PM
© Reuters. Customers leave the Whole Foods Market in Boulder

(Reuters) - Whole Foods Market Inc (O:WFM) on Wednesday said it appointed Kohl’s Corp (N:KSS) executive Keith Manbeck as its chief financial officer, effective May 17 and named five new independent directors to its board.

The company, which reported its seventh straight quarterly same-store sales decline, named Gabrielle Sulzberger as the new chairman of the board.

For the second quarter, the company reported an 2.8 percent fall in sales at stores open at least 13 months, better than the 3.1 percent expected by analysts polled by Consensus Metrix.

Latest comments

sulzberger, next up. this is grasping at straws. if kroger is smart they won't even consider this. all i can come up with is sulzberger is brought onboard for fresh face/news or to get this polished apple grocery store sold and quickly.
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