AUSTIN, Texas, Whole Foods Market (Nasdaq: WFMI), the world's largest natural and organic foods supermarket today announced the addition of Gabrielle Greene and Mo Siegel to the company's board of directors, increasing the size of the board to eight members.
"We are excited about the breadth and depth of experience and the perspective Gaby and Mo will bring to our board," said John Mackey, chairman of the board, president and chief executive officer for Whole Foods Market.
Gabrielle Greene, 43, is chief financial officer of the Villanueva Companies in Los Angeles, a private holding company with diverse investment interests. She brings a wealth of financial and investment knowledge to the board. One of Greene's major roles is serving as the chief financial officer for Santa Barbara-based environmental consulting firm, Integrated Water Resources, which is a portfolio company of Villanueva. Greene completed undergraduate studies at PrincetonUniversity and has a Masters in Business Administration and Juris Doctorate from Harvard Business and LawSchools, respectively. She is on the advisory board of Chela Financial Services and she is a Henry Crown Fellow of the Aspen Institute.
Mo Siegel, 53, comes to the Whole Foods Market board as a long-time member of the natural products world having co-founded noted tea company Celestial Seasonings, Inc., where he was chairman and chief executive office for more than 25 years. He then served as vice chairman of The Hain Celestial Group, Inc., after his company merged with The Hain Food Group. He was also founder and chief executive officer of Earth Wise, Inc. Siegel has served on several boards including Celestial Seasonings, Inc., The Hain Celestial Group, Inc., OmegaTech, Inc., Corporate Express, Boulder Community Hospital and the non- profit Jesusonian Foundation; he currently sits on the board of the publicly held CNS Pharmaceutical Company.
Siegel and Greene were elected by the board of directors to serve until the company's annual meeting in March 2004 at which time they will be included on the shareholder ballot.
About Whole Foods Market
Founded in 1980 in Austin, Texas, Whole Foods Market is the world's largest natural and organic foods supermarket and America's first national "certified organic" grocer. In fiscal year 2002, the company had sales of $2.7 billion and currently has more than 145 stores in the United States and Canada. The Whole Foods Market motto, "Whole Foods, Whole People, Whole Planet"(TM) captures the company's mission to find success in customer satisfaction and wellness, employee excellence and happiness, enhanced shareholder value, community support, and environmental improvement. Whole Foods Market and Harry's Farmers Market(R) are registered trademarks owned by Whole Foods Market IP, LP. Whole Foods Market employs more than 27,000 team members and has been ranked for six consecutive years as one of the "Top 100 Companies to Work for" in America by Fortune magazine.
Source Whole Foods Market, Inc.