Schnuck Markets chairman and CEO Scott Schnuck plans to transfer the latter title in March to his brother, president and COO Todd Schnuck.
Todd Schnuck will become president and CEO of the family-owned supermarket chain in March, while Scott Schnuck will remain chairman and assist in the transition through September. Meanwhile, Craig Schnuck will formally retire from the company and become chairman emeritus. Todd Schnuck originally began working at the company in 1987 as treasurer and served as corporate VP and CFO before becoming president and COO.
"My wife, Julie, and I and my extended family have been planning this for more than a year, and Todd has been preparing for this for several years," Scott Schnuck said. "I have the greatest confidence in his ability to lead our company to even greater success by working through our teammates to provide our customers with the best values and the highest quality goods and services."