SpartanNash Promotes Todd Riksen to VP, Corporate Controller & Principal Accounting Officer

Rhea-AI Summary

On March 3, 2023, SpartanNash announced the promotion of Todd Riksen to Vice President, Corporate Controller & Principal Accounting Officer. Riksen, who joined the company in April 2018, has successfully led the finance organization during a significant turnaround and will oversee all accounting functions. His promotion underscores the company's commitment to its People First culture. SpartanNash is a leading food solutions provider with a vast distribution network, operating 147 supermarkets and serving customers across the U.S. and internationally.

Positive

• Todd Riksen's promotion reflects strong internal leadership.
• Riksen has successfully guided the finance organization through a turnaround.
• The company emphasizes a 'People First' culture.

Negative

• None.

News Market Reaction

+3.02%

1 alert

+3.02% News Effect

On the day this news was published, SPTN gained 3.02%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Riksen oversees all accounting functions for the Company

GRAND RAPIDS, Mich., March 3, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced the promotion of Todd Riksen to Vice President, Corporate Controller & Principal Accounting Officer. Riksen oversees all Company accounting functions and reports to Executive Vice President and Chief Financial Officer Jason Monaco.

"Todd has provided incredible leadership to our Finance organization as we navigated a Companywide turnaround these past couple of years," Monaco said. "He and his team will continue to provide best-in-class accounting support as the Company makes progress toward our long-term goals. As part of our People First culture, we are proud to promote from within to fill this critical role."  

Riksen joined SpartanNash in April 2018 as Director, Financial Reporting and Corporate Accounting and was named Vice President, Corporate Controller in March 2021. Prior to SpartanNash, he spent nearly 12 years in the assurance practice at EY. Riksen is a graduate of from Hope College.

About SpartanNash 
SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. As a food wholesaler and retailer with a global supply chain network, SpartanNash customers span a diverse group of national accounts, independent and chain grocers, e-commerce retailers, U.S. military commissaries and exchanges, and the Company's own brick-and-mortar grocery stores, pharmacies and fuel centers. SpartanNash distributes grocery and household goods, including fresh produce and its Our Family^® portfolio of products, to locations in all 50 states, in addition to distributing to the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, Djibouti, Korea and Japan. To support its distribution business, the Company operates a strategically developed network of large-scale distribution facilities and a nationwide transportation fleet. In addition, the Company owns and operates 147 supermarkets – primarily under the banners of Family Fare, Martin's Super Markets and D&W Fresh Market – and shares its operational insights to drive innovative solutions for SpartanNash food retail customers. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,500 strong and growing. For more information, visit spartannash.com.

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

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SOURCE SpartanNash

FAQ

What is the recent promotion announcement at SpartanNash?

SpartanNash promoted Todd Riksen to Vice President, Corporate Controller & Principal Accounting Officer on March 3, 2023.

Who is Todd Riksen at SpartanNash?

Todd Riksen is the newly appointed Vice President, Corporate Controller & Principal Accounting Officer at SpartanNash.

What has Todd Riksen achieved at SpartanNash?

He has led the finance organization during a significant company turnaround since joining in 2018.

What is SpartanNash's corporate culture?

SpartanNash promotes a 'People First' culture, emphasizing internal promotions and employee support.

How many supermarkets does SpartanNash operate?

SpartanNash operates 147 supermarkets under various banners.