Media Contact: Lori Willis
Director of Communications
Dec. 21, 2006
Scott Schnuck Rises to Chairman and CEO at Schnuck Markets, Inc.
The news came from former Chairman Craig D. Schnuck, 58, now chairman of the executive committee. As a follow-up to the initial announcement last January, Craig announced the transition was complete and explained the shift in responsibilities in a series of meetings of the company's management teams.
Part of the third generation of Schnucks, the brothers will continue to run the business as a family, but Scott Schnuck now has full responsibility for the direction of the organization and all operating aspects of the 67-year-old company.
In his role as president, Todd Schnuck now will have responsibility for all administrative functions including legal, human resources, finance, information technology and the company's improvement initiative. He will continue to provide financial oversight for the family's real estate activities. Craig, who formerly served the company as CEO for 17 years, will remain involved in matters relative to company growth, governmental and labor relations.
According to the new chairman and CEO, this past year has been a time of change. "We have been working on exciting ideas and innovations that literally will change the way our customers view their grocery shopping trip to Schnucks," Scott Schnuck said. "Our customers tell us they are looking for creative and easy ideas on how to prepare nutritious meals for families on the go. In addition to focusing on value in the New Year, Schnucks will become more of a `cook's helper' in terms of broadening our scope of offerings. You will see stronger emphasis on food and preparation, meal planning and food safety education as well as a more expanded health and wellness program in our pharmacies."
cited the new instaClinic
installations as one of the milestones of the company's new focus on health and
wellness. "We just opened our third instaClinic; we now have clinics at Mid Rivers,
new stores set to open in 2007, Scott, Todd and Craig will continue to play
active roles in the growing company. A
replacement store in Twin Oaks,
In addition to serving as the new chairman and CEO of
Schnucks, Scott's responsibilities include serving as Chairman of the Regional
Chamber and Growth Association's (RCGA) board of directors and the St. Louis
Sports Commission. He is also a member
of the board of trustees of St. Louis Children's Hospital and the
Scott Schnuck joined his family's business in September 1975 after
receiving an MBA degree from
Todd is a member
of the executive committee of the
Todd earned an
undergraduate degree in psychology from the
Craig is chairman
of the executive board of the St. Louis Area Council of Boy Scouts of
America. He also serves on the boards of
Today, Schnucks is guided by the six children of Doris and the late Donald O. Schnuck. Scott, Todd and Craig handle day-to-day operations. Nancy Schnuck Diemer, 42, formerly served as director of community affairs but left in 2001 to raise a family. In 2002, Terry Schnuck, 54, formerly Schnucks general counsel and corporate secretary, retired from the business. Both Nancy and Terry remain a part of the decision-making process for their family businesses. Their brother, Mark Schnuck, 50, is president and CEO of The DESCO Group, the family's real estate company. Mark is also involved in the decision-making process of the supermarket operation.
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