Saint Ann, Missouri-based Moran Foods LLC “Save A Lot” has appointed Cathy Skula to the company’s board of directors as an independent director, effective immediately.
Skula, who currently serves as operating partner of Riverside, a global investment firm, brings to the board more than 30 years’ experience in retail.
Prior to joining Riverside, she spent the majority of her career in various roles with Rent-A-Center, including serving as president and CEO of Rent-A-Center Franchising International, the company’s wholly owned franchise subsidiary. In that role, she grew the number of locations from 200 to more than 500, earning the No. 2 spot on Entrepreneur magazine’s list of “Best New Franchises.”
Skula’s other executive roles with Rent-A-Center include tenure as EVP and chief development officer, as well as division VP of operations.
“Cathy is an outstanding leader with a demonstrated record of driving growth,” said Leon Bergmann, CEO, Save A Lot.
“Her deep expertise in retail for the value-seeking customer, along with her understanding of the complex dynamics of independent operators, aligns very well with our brand. I have no doubt she will be invaluable to our team as we progress through the next phase of our transformation.”
Justin Shaw, chairman of the board, said, “We are delighted to welcome Cathy to our board of directors. As we work to bring more diverse perspectives to the team, Cathy’s skill set will enhance the operational acumen and depth of our board.
“Her insight and ability to partner with independent retailers, both current and potential, to drive profitable growth will be an important asset as we continue to execute against our strategic plan.”
Founded in 1977, Save A Lot has more than 850 stores in 32 states. For more information, visit SaveALot.com.