David C. Rooney was unanimously elected to the Natural Grocers by Vitamin Cottage Board of Directors on Aug. 5. Rooney’s election filled the vacant seat on the board created by the previously announced retirement of Michael T. Campbell, which was effective Aug. 5.
Rooney will serve an initial term expiring at the company’s 2023 annual meeting of stockholders. Rooney, who recently retired as an audit partner at Deloitte & Touche LLP, also was appointed to serve as chair of the board’s audit committee.
“Our announcement of David’s election to our board reflects our effective succession planning and ensures that we will maintain the full array of skills and experience needed to provide strong board leadership and oversight,” said Kemper Isely, Natural Grocers’ co-president and chairman. “His significant financial and auditing experience will be highly beneficial to our board. I want to thank Michael Campbell for his leadership and exemplary service to the board. It has been a privilege to serve with him over the past eight years.”
Rooney, 62, recently retired after a 40-year career with Deloitte & Touche LLP, where he served as an audit partner and held numerous leadership roles. During his time at Deloitte, he served as partner-in-charge of the Denver audit practice, as Colorado practice leader for services to the consumer and industrial products industries and as an advisory partner, advising public and private companies on critical business issues. He has extensive experience in the areas of accounting and finance, risk assessment, internal controls, corporate governance, mergers and acquisitions, and public offerings.
Natural Grocers by Vitamin Cottage Inc. is an expanding specialty retailer of natural and organic groceries, body care products and dietary supplements. The products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial colors, flavors, preservatives or sweeteners, or partially hydrogenated or hydrogenated oils. The company sells only USDA certified organic produce and exclusively pasture-raised, non-confinement dairy products and free-range eggs. Natural Grocers‘ flexible smaller-store format allows it to offer affordable prices in a shopper-friendly retail environment. The company also provides extensive free science-based nutrition education programs to help customers make informed health and nutrition choices. Founded in 1955, the company has 159 stores in 20 states.