Sprouts Farmers Market CEO Resigns

Sprouts Farmers Market CEO Amin Maredia will transition away from the company at the end of December, while president and COO Jim Nielsen and CFO Brad Lukow will serve as co-interim CEOs until a permanent successor has been named.

Nielsen joined Sprouts in April 2011 as COO and has served as the company's president and COO since August 2015. Prior to that, Nielsen served as president of Henry's Farmers Markets from 2007 through April 2011. Lukow has served as Sprouts' CFO since March 2016, having previously served as EVP and CFO of Shoppers Drug Mart, a Canadian drug store retailer, from 2009 to 2014.

Related: Sprouts Renews Distribution Partnership with KeHE; Sprouts Shifts Approach to Center Store.

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