As part of its established leadership succession plan, Sprouts Farmers Market Inc., a Phoenix-based natural and organic grocer, announced a number of leadership changes. Doug Sanders, the company’s current president, CEO and member of the board of directors, was appointed executive chairman of the board. Amin Maredia, chief financial officer, is replacing Sanders as CEO, and Jim Nielsen, chief operating officer, will assume the position of president and chief operating officer.
“On behalf of the board of directors, I would like to congratulate Doug, Amin and Jim on their new roles,” said Andrew Jhawar, chairman of the board. “This transition is the result of our board’s deliberate succession planning process, and I am pleased that this same team will continue to lead Sprouts into the future.