SpartanNash Appoints New Independent Director as Part of Ongoing Board Refreshment

Rhea-AI Summary

SpartanNash (Nasdaq: SPTN) has appointed Dorlisa Flur as a new independent director to its Board, enhancing its ongoing board refreshment efforts. Flur brings extensive experience in grocery distribution, retail, warehousing, and logistics for multi-billion-dollar enterprises. She has served as an independent strategic advisor to Southeastern Grocers since 2018 and previously held executive positions at Belk and Family Dollar Stores. Flur also serves on the boards of Sally Beauty Holdings, United States Cold Storage, and BlueCross BlueShield NC.

This appointment marks the third independent director joining the SpartanNash Board since 2023. The Board now comprises nine directors, with seven appointed in the last five years and eight being independent. This move aligns with SpartanNash's strategy to strengthen its leadership and drive long-term sustainable growth and value creation.

Positive

• Appointment of experienced executive Dorlisa Flur as independent director
• Flur brings expertise in grocery distribution, retail, warehousing, and logistics
• Board refreshment with 3 new independent directors since 2023
• Increased board independence with 8 out of 9 directors being independent

Negative

• None.

News Market Reaction

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+0.07% News Effect

On the day this news was published, SPTN gained 0.07%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Seasoned retail and grocery distribution executive Dorlisa Flur brings extensive strategic transformation expertise to the food solutions company

GRAND RAPIDS, Mich., July 29, 2024  /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced that Dorlisa Flur has joined its Board of Directors (the "Board") as an independent director. Flur brings extensive experience in grocery distribution, retail, warehousing and logistics for multi-unit, multi-billion-dollar enterprises operating in public, private and private equity environments.  

Flur has served as an independent strategic advisor to the leadership of Southeastern Grocers, Inc. (SEG), the $8.5 billion parent company of Winn-Dixie and Harveys Supermarket, since 2018. From 2016 until 2018, Flur championed the company's successful restructuring as SEG's former Chief Strategy and Transformation Officer. Prior to SEG, Flur was Executive Vice President, Omnichannel for leading department store chain Belk and Vice Chair, Strategy and Chief Administrative Officer for Family Dollar Stores, Inc. Earlier in her career, Flur spent 16 years with global management consulting partners McKinsey & Company.

Flur is an independent corporate director on the boards of Sally Beauty Holdings, Inc., United States Cold Storage, Inc., and BlueCross BlueShield NC and participates on various committees for each. From 2019 to 2024, Flur also previously served on the board of Hibbett, Inc. as an independent director. In 2020, Flur earned the NACD Directorship Certified™ credential and was recognized in Directors & Boards' 2021 Directors to Watch and among the NACD Directorship 100™ in 2022.

"Dorlisa is a proven corporate executive and highly experienced board director in the food distribution, logistics and retail industries. Her success leading large-scale transformations that have resulted in long-term sustainable growth and value creation makes her a strategic addition to the SpartanNash Board," said SpartanNash Chairman Douglas Hacker.

Flur is the third independent director joining the Board since 2023, following the appointments of Kerrie MacPherson and Fred Bentley. The Board now comprises nine directors – seven of whom have been appointed in the last five years – and eight of whom are independent.

About SpartanNash
SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,000 strong. SpartanNash operates two complementary business segments – food wholesale and grocery retail. Its global supply chain network serves wholesale customers that include independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The Company distributes products for every aisle in the grocery store, from fresh produce to household goods to its OwnBrands, which include the Our Family^® portfolio of products. On the retail side, SpartanNash operates 147 brick-and-mortar grocery stores, primarily under the banners of Family Fare, Martin's Super Markets and D&W Fresh Market, in addition to dozens of pharmacies and fuel centers. Leveraging insights and solutions across its segments, SpartanNash offers a full suite of support services for independent grocers. For more information, visit spartannash.com.

MEDIA CONTACT:
Adrienne Chance 
SVP, Communications
press@spartannash.com  

INVESTOR CONTACT:
Kayleigh Campbell
Head of Investor Relations
kayleigh.campbell@spartannash.com   

 

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SOURCE SpartanNash

FAQ

Who is the new independent director appointed to SpartanNash's Board?

Dorlisa Flur has been appointed as a new independent director to SpartanNash's Board of Directors.

What experience does Dorlisa Flur bring to SpartanNash (SPTN)?

Dorlisa Flur brings extensive experience in grocery distribution, retail, warehousing, and logistics for multi-billion-dollar enterprises. She has worked with Southeastern Grocers, Belk, and Family Dollar Stores in executive roles.

How many independent directors has SpartanNash (SPTN) appointed since 2023?

SpartanNash has appointed three independent directors since 2023, including Dorlisa Flur, Kerrie MacPherson, and Fred Bentley.

What is the current composition of SpartanNash's Board of Directors?

SpartanNash's Board now comprises nine directors, with seven appointed in the last five years and eight being independent.