Sprouts Farmers Market Inc. has appointed SVP of Finance Curtis Valentine as CFO, effective Jan. 1, succeeding Lawrence “Chip” Molloy, who previously announced he will retire at year’s end.
“We are delighted to elevate Curtis from our deep bench of finance talent to be our chief financial officer,” said CEO Jack Sinclair.
“Curtis and Chip have worked closely together for the last two years, and I believe there is no one better suited for the role to ensure a seamless transition as we continue to execute on our strategy and deliver value to our shareholders.”
Valentine brings some 15 years of financial and retail experience to the chief financial officer role, having served as a leader in Sprouts’ organization for more than eight years.
Prior to joining Sprouts, Valentine served in financial management roles across multiple business units for seven years at PetSmart.
“I’m honored to serve Sprouts as its new chief financial officer,” Valentine said.
“I look forward to continuing to work with our executive leadership team, our board of directors and all of our talented team members in my new role to drive the initiatives that support our strategy. With our strong financial positioning and growth trajectory, I could not be more excited about the future opportunities for all of our stakeholders.”
About Sprouts Farmers Market
Headquartered in Phoenix, Sprouts has about 31,000 employees and operates more than 400 stores in 23 states nationwide.
The grocery experience it offers features an open layout with fresh produce at the heart of the store. Customers will find a curated assortment of better-for-you products made with lifestyle-friendly ingredients, including organic, plant-based and gluten-free items.
Read more on the latest executive news from The Shelby Report.