Late last year, Whole Foods returned co-founder John Mackey to the role of solo chief executive after six years of splitting the job with co-CEO Walter Robb, who focused on operations, betting that Mackey would be best to lead a turnaround.
Results included a $34 million charge related to store and facility closures and a $13 million charge associated with the separation agreement of Walter Robb, who stepped down from his role of co-c.e.o. at the end of last year. During the quarter, the company opened 13 stores, including two relocati
Date: Feb 09, 2017
Category: Business
Source: Google
Whole Foods to shrink store count for first time since 2008
Responsibility for the turnaround is now squarely on John Mackey, a co-founder of the company who retook sole leadership last year. He had served as co-chief executive officer with Walter Robb until November.
Date: Feb 09, 2017
Category: Business
Source: Google
Whole Foods adjusted earnings: 39 cents per share, vs expected EPS of 39 cents
boost its performance, including the rollout of a more budget-friendly store fleet called 365 by Whole Foods Market. And at the end of 2016, the grocer did away with its co-CEO structure, shifting naming Mackey the sole leader. The company said that Walter Robb would remain on its board of directors.
Date: Feb 08, 2017
Category: Business
Source: Google
Chipotle shows why two heads aren't always better than one
cents a share. Revenue matched analysts' forecasts. In a management shuffle, the organic grocer named founder John Mackey as its sole CEO as of December 31. Mackey and Walter Robb have been co--chief executive officers, and Robb will remain on the board of directors and serve as a senior advisor.
Date: Nov 03, 2016
Category: Business
Source: Google
Whole Foods' Mackey Takes Sole Ownership of Fixing His Creation
The retailer named Mackey as its sole chief executive officer on Wednesday, ending a dual-CEO role that he shared with Walter Robb for the past six years. In taking the step, the board is trusting that the eccentric Mackey can figure out how to make Whole Foods fresh again after its worst sales slum
Date: Nov 02, 2016
Category: Business
Source: Google
Whole Foods Is Making a Drastic Change to How It Is Run
The upscale retailer said on Wednesday that co-founder John Mackey would become the sole CEO on Dec. 31, while Walter Robb will stay on as a director. Robb has been co-CEO for six years and with the company for 25. According to a regulatory filing, Robb will among other perks get a $10 million sever