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Todd Schnuck, 50, has been named COO of the eponymous St. Louis-based regional independent amid a major senior management restructuring that includes the retirement of two senior executives and additional elevations in other departments.
Formerly the company’s CFO for 22 years, Todd Schnuck was named president in 2006 following Craig Schnuck’s stepping down after 17 years at the helm to oversee the company’s growth and governmental affairs. With the executive leadership transition now complete, Todd Schnuck, as president and COO, will take on responsibility for the operating side of the family business. He will oversee store operations, merchandising, marketing, logistics, continuous improvement, industrial engineering, facilities maintenance and consumer affairs, as well as pharmacy and fuel operations.
Todd Schnuck earned his B.A. from the University of Virginia in 1981 and an MBA from Cornell University in 1983. He served as associate VP for investment banking at A.G. Edwards & Sons, Inc. for four years before joining his family’s business in 1987.
As chairman and CEO, Scott Schnuck now has oversight for the office of COO as well as strategy, finance, technology, human resources, public relations, legal, real estate, loss prevention, food safety, and store design and construction. “This restructuring will allow me to concentrate on guiding the company forward while Todd will ensure that we continue working to enhance the overall customer shopping experience in our stores,” said Scott Schnuck.
As part of the restructuring, Bill Bredenkoetter, SVP of store operations, and Randy Wedel, SVP of marketing and merchandising, will retire from the regional retailer at the end of Schnucks’ fiscal year on Sept. 28. Both have agreed to work in senior consulting roles for the company after their retirements.
Bredenkoetter has been with Schnucks for 38 years and has headed up store operations for 22 of them, while Wedel has been with the company for 22 years and has held his current position for 19 years.
Additional management moves also find Dave Bell, CFA, 42, formerly treasurer, tapped as the grocer’s new CFO. Reporting to Scott Schnuck, Bell will have responsibility for all accounting, budgeting and treasury functions of the $2.5 billion company. He joined Schnucks in 1984 and after earning his MBA, went on to serve as director of financial planning, assistant treasurer and treasurer.
Ryan Cuba, 41, will become VP of store operations. Reporting to Todd Schnuck, the former May Co. executive joined Schnucks in 2006 as director of financial planning and budgeting.
Lori Caster, 42, will assume the role of VP of merchandising, for which she will report to Todd Schnuck. Caster, formerly group VP center store merchandising, will be responsible for all merchants and category managers. She will have responsibility for sales, gross profit management, assortment planning, procurement and pricing.
Mary Moorkamp, 47, general counsel and secretary, will take on additional responsibility for real estate, facilities research, loss prevention and food safety, and will report to Scott Schnuck.
Rick Frede, 56, formerly SVP of logistics, will become chief talent and strategy officer. Frede will be responsible for organizational development, succession planning, human resources and strategy, and will report to Scott Schnuck.
Steve Carroll, 53, will become VP of logistics, and will report to Todd Schnuck under a new management structure.
Schnuck Markets, Inc. operates 105 stores (including five Logli stores) and 101 pharmacies in Missouri, Illinois, Indiana, Wisconsin, Iowa, Tennessee and Mississippi.