Stop & Shop president leaving; Ahold Delhaize names successor
Stop & Shop president Mark McGowan has elected to leave the company, and Giant Food president Gordon Reid will succeed him.
McGowan plans to stay until the end of the year to ensure a smooth transition, with Reid officially taking on the role of Stop & Shop president in late July, according to a news release.
Ira Kress, senior vice president of operations for Giant Food, is now that banner’s interim president.
“Mark McGowan has had a tremendous impact for the Ahold Delhaize USA brands, as well as the communities they serve, and we thank him for his 30 years of tireless service,” Ahold Delhaize USA CEO Kevin Holt said in the release. “Under his leadership, Stop & Shop has built a strong foundation for transformation and expanded success that continues through our Reimagine Stop & Shop initiative.
“As Mark transitions, I have full confidence that Gordon Reid is the right leader to continue this transformation by repositioning the business for future success and rebuilding customer loyalty,” Holt said.
Reid joined Giant Food in 2013 and has more than 35 years of international retail experience.
“We are excited for Gordon to join the Stop & Shop brand,” Holt said in the release. “Gordon is an excellent leader of people, with a strong focus on serving customers, engaging associates and supporting local communities. During his time at Giant Food, the brand has successfully grown sales and market share and has strong associate engagement results.”