President and CEO Craig Carlock Leaves The Fresh Market
GREENSBORO, NC - After over a half decade of service to the company, President and CEO Craig Carlock has parted ways with The Fresh Market.
“The Board and I would like to thank Craig for his many years of service and significant contributions to The Fresh Market,” shared Ray Berry, Founder and Chairman of the Board of Directors. “Under Craig’s leadership, the Company successfully transitioned from a private to a public company and experienced five consecutive years of increased sales and earnings. The Company is well positioned, both culturally and financially, for future success, and has a significant opportunity, through its unique and differentiated grocery shopping experience, to gain share in existing markets and expand into new markets.”
“I further believe meaningful opportunities exist to improve profit margins through both structural and operational initiatives.” he continued. “The Board is focused on identifying the right candidate to lead The Fresh Market through its next phases of growth, while providing opportunities for our employees and delivering greater value to our stockholders.”
Going forward, the company has hired a national executive search firm to help them identify and evaluate possible candidates for Carlock's position. In the mean time, Executive Vice President and Chief Operating Officer Sean Crane has been named Interim CEO.
“Sean is a strong executive and a proven leader, with significant experience and knowledge of the Company and its operations,” Berry said. “He has been instrumental in the development and execution of The Fresh Market’s growth strategies and a key player in its success. Sean has the Board’s full support to continue executing the Company’s growth strategies and initiatives.”
So far, The Fresh Market has not named any specific persons as candidates for this newly opened position. You can count on AndNowUKnow to keep you updated with the latest when news does break, however. Stay tuned.