Media Contact: Lori Willis

Director of Communications


Dec. 21, 2006

Scott Schnuck Rises to Chairman and CEO at Schnuck Markets, Inc.

ST. LOUIS - Scott C. Schnuck, 56, was recently named chairman and CEO of Schnuck Markets, Inc. and his brother, Todd R. Schnuck, 48, is now president of the St. Louis-based, family-owned company.

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."

Scott Schnuck 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, Alton and Butler Hill Schnucks stores located near the pharmacies. The patients like the idea that they can walk into a Schnucks store and take care of all their health and home needs. That's the kind of convenience that will set Schnucks apart from our competitors down the road," he said.

With four 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, Mo. will open shortly after the first of the year, and new stores in Savoy, Normal and DeKalb, Ill. will follow.

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 Missouri Botanical Garden. He recently completed a three-year term as chairman of the Gardens.

Scott Schnuck joined his family's business in September 1975 after receiving an MBA degree from Stanford University. Over the years, he has served his company in a number of positions, including vice president of marketing and senior vice president of supermarkets. Scott helped to pioneer the category management system of buying and merchandising products, now widely used in the industry.

Todd is a member of the executive committee of the United Way board of directors. He serves on the St. Louis Children's Hospital Resource Allocation Committee and is the Chairman of the hospital's current capital campaign. In 2005, he completed a three-year term as chairman of the St. Louis Metropolitan Urban League. Todd serves on the John Burroughs School Board and on the board of managers of the University of Virginia Alumni Association. He also holds an advisory position with the university's Jefferson Scholars Foundation.

Todd earned an undergraduate degree in psychology from the University of Virginia in 1981 and an MBA from Cornell University in 1983. He joined Schnucks full time in 1987 from his position as associate vice president/investment banking with A.G. Edwards & Sons, Inc. in

St. Louis. Todd had a lead role in the National (1995), Logli (1998) and Seessel's (2002) acquisitions. Last year, he negotiated the company's new partnership with U.S. Bank.

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 US Bancorp, Washington University, Barnes-Jewish Hospital, BJC Healthcare, the Food Marketing Institute, and the United Way of Greater St. Louis. He is a member of the executive committee and past chairman of Civic Progress.

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.

Founded in St. Louis in 1939, Schnuck Markets, Inc. currently operates 101 stores (including five Logli stores) and 98 pharmacies in Missouri, Illinois, Indiana, Wisconsin, Tennessee, Mississippi and Iowa. Schnucks is one of few family-owned grocery operations being run by its third generation.

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