David Clark, Food Retail Industry Veteran, Brings Extensive Store Operations Experience to Wild Oats
BOULDER, Colo., June 3 -- Wild Oats Markets, Inc. (Nasdaq: OATS), a leading national natural and organic foods retailer, today announced David B. Clark has been named Senior Vice President Wild Oats Store Operations for the Company's Wild Oats Natural Grocer format stores, which currently includes 72 stores and is expected to grow by 50 percent over the next three years. Effective immediately, this newly created position will be responsible for overseeing all store operations of Wild Oats Natural Marketplace and Nature's stores.
Mr. Clark brings more than 25 years of food retail industry experience to Wild Oats. He has served in operational, merchandising and marketing capacities with leading retailers, such as American Stores/Jewel Companies, Supervalu, Bruno's and Homeland Stores where he was most recently President and Chief Executive Officer. He also served as Executive Vice President of Merchandising and Distribution for Bruno's, a $1.6 billion chain of supermarkets in the Southeastern U.S. Prior to that, he was Executive Vice President of Merchandising and Operations for the Cub Foods Division of Supervalu, Inc. Mr. Clark earned his M.B.A. degree in marketing from the University of Chicago Graduate School of Business, and a B.S. degree in Economics and Sociology from Knox College in Galesburg, Ill.
"With his extensive operational experience in the food retail industry, we believe that David has the right background to support our store operations as we move from being a turnaround company to entering a growth mode for Wild Oats," said Perry Odak, President and CEO of Wild Oats Markets, Inc. "Additionally, his cross-functional perspective and management history will allow him to apply a best-practices approach to ensure that Wild Oats has the finest store operating standards in the industry."
Wild Oats Markets, Inc. is a nationwide chain of natural and organic food markets in the U.S. and Canada. With annual sales of nearly $920 million, the company currently operates 101 stores in 25 states and British Columbia. The Company's natural food stores include Wild Oats Natural Marketplace, Henry's Marketplace, Nature's - a Wild Oats Market, Sun Harvest and Capers Community Markets. For more information, please visit the Company's website at www.wildoats.com.