Schnuck Markets has promoted Ted Schnuck to the role of EVP, supermarkets. His appointment comes after being promoted to lead the fresh division six months ago.
Schnuck, the great grandson of the company’s founder, has been with the St. Louis-based supermarket chain since 2015. He remains a member of the 10-person strategy team and assumes the new role in October, overseeing merchandising and store operations.
Schnuck joined the family company following a career outside of it, serving at Bain & Company, performing strategy work with Beam Suntory and brand management at Procter & Gamble.
“Ted’s extensive career journey, through both his outside work experience and education and through the core areas of the company, has prepared him to be a next generation leader,” said Todd Schnuck, chairman and CEO. “His business acumen, understanding of our company’s key functions, ability to connect with and lead our teammates and, most importantly, his strong exhibition of our company’s core values make him an ideal leader of our supermarkets.”
Additionally, Dave Peacock, president and chief operating officer, at Schnucks since 2017 has accepted a new role with Continental Grain and will transition back to the board of directors. He will work closely with Ted Schnuck prior to his full transition in October.