Last updated on May 10th, 2017 at 10:47 am
Food City has appointed Stephen Spangler VP of real estate, succeeding Louis Scudere, who recently retired from the company after 31 years of dedicated service.
“Stephen is a seasoned professional that has excelled in his role since he joined our company several years ago. He’s developed strong relationships throughout our region and has tremendous leadership ability,” said Food City President and CEO Steve Smith.
Spangler joined the Food City team in 2011, accepting a position as real estate manager and was later promoted to director of real estate for the company. His new responsibilities entail the oversight of the company’s strategic real estate initiatives, including market analysis, site selection, acquisitions and site development, leasing, dispositions and portfolio management, as well as the day to day administration of the organization’s diverse group of real estate holdings.
“I am honored to have been selected to serve in this capacity for the K-VA-T organization and to be able to continue to represent a company that is committed, in so many positive ways, to every community in which it locates. I look forward to this opportunity to provide ongoing support, from a real estate perspective, to the company’s overall operational objectives.”
Prior to joining the Food City team, Spangler served as a development officer for a large multi-family development company in Charleston, South Carolina, managing residential real estate development projects valued in excess of $40 million.
He also previously served as development manager for a commercial development firm based in Bristol, Virginia, where he was responsible for the oversight of commercial development projects across the Southeast.
Spangler has participated in various community/fundraising initiatives, including the Muscular Dystrophy Association Lock Up Campaign & Read Across America. He was inducted into The Business Journal’s 40 Under Forty class of 2013 for rising business professionals.
Spangler is a 2002 graduate of The Citadel in Charleston, South Carolina, with a bachelor of science degree in business administration and a 2011 graduate of King College, obtaining a MBA with a concentration in finance. He and his wife Beth currently reside in Bristol, Virginia. They are the parents of one son, Bowen.
