In a first, non-family member to take reins at Meijer
Family-owned and operated Meijer is getting a new CEO — and for the first time in the retailer’s 82-year history, it’s not a family member.
Effective January 1, 2017, Rick Keyes, president of Meijer, will add the title of CEO. He will replace Hank Meijer, who is stepping down as chief executive and will serve as executive chairman of the board.
"We have witnessed Rick's deep understanding and appreciation of our culture and his passion for the people who make Meijer a great company," said Hank Meijer. "His accomplishments throughout a 27-year career — and his leadership as president for more than a year now — give us tremendous confidence in the future as he assumes a new title that better reflects his responsibilities."
Traditionally, the role of president at Meijer has been held by a non-family member, with the title of CEO through the years being held by Fred Meijer and Hank Meijer respectively. The decision to make an adjustment in titles is based on the company's desire to align the roles more accurately with current responsibilities.
Meijer, which operates 230 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin, has been privately owned and family operated since it was founded in 1934. In keeping with the Meijer family's ongoing significant involvement, executive chairman Hank Meijer will work closely with Keyes in developing and executing strategies consistent with the values at the heart of our team.
Doug Meijer and Mark Meijer will also stay actively involved through their roles as directors of Meijer. All new roles will become effective January 1, 2017.
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