United Natural Foods, Inc. (NYSE: UNFI) today announced leadership updates to strengthen execution of the Company’s strategy, focused on adding value for customers and suppliers while improving effectiveness and efficiency.
These updates, effective August 3, are designed to align UNFI’s leadership structure more closely with its strategy, helping the Company accelerate capability building, sharpen operational execution, and continue strengthening its financial performance.
Matteo Tarditi will become President and Chief Operating Officer, with responsibility for UNFI’s product sales organizations, enterprise customer relationships, supply chain operations, technology, and lean implementation. As President and Chief Financial Officer, Tarditi demonstrated operational depth and discipline that consistently improved UNFI’s financial performance and customer service capabilities.
Bringing sales, operations, and technology together under Tarditi’s leadership is expected to better align UNFI’s operational execution with its customers’ unique growth strategies, in turn supporting shared, profitable growth in an evolving marketplace.
Louis Martin will serve as Chief Commercial Officer, with a sharper focus on accelerating UNFI’s commercial strategy and capabilities, including conventional and natural merchandising, supplier partnerships and services, private brands, professional and digital services, and revenue growth management.
Building on the strong progress Martin has led over the past two years, he and his team will continue developing value-added programs, services, data, and insights to help customers and suppliers differentiate and profitably grow.
UNFI shares lost 57 cents, or 1.2%, to $46.61.
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