Ahold Delhaize USA, the parent company of Stop & Shop and Giant Food, has announced changes to the retailers’ leadership.
Stop & Shop’s president, Mark McGowan, announced his decision to leave the organization. He will remain with the retailer through the end of the year to ensure and a seamless transition. Following McGowan’s departure, Gordon Reid, the president of Giant Food, will become president of Stop & Shop. He will begin transitioning into his new role in the coming weeks and assume the position in July, the company said.
“Mark McGowan has had a tremendous impact for the Ahold Delhaize USA brands, as well as the communities they serve, and we thank him for his 30-years of tireless service. Under his leadership, Stop & Shop has built a strong foundation for transformation and expanded success that continues through our ‘Reimagine Stop & Shop’ initiative,” Kevin Holt, the chief executive officer of Ahold Delhaize USA, said. “As Mark transitions, I have full confidence that Gordon Reid is the right leader to continue this transformation by repositioning the business for future success and rebuilding customer loyalty.”
Reid joined Giant Food in 2013, and has held a variety of management roles at Tesco, Boots, A.S. Watson Group and The Dairy Farm Group.
“It’s been an honor and privilege to lead the Stop & Shop brand. I’m grateful for our associates who are incredibly dedicated to serving our customers every day, and I’m extremely proud of all that we have accomplished together. As Stop & Shop embarks on the next phase of its transformation, now is the right time for me to make this change,” Mark McGowan said. “I look forward to working closely with Gordon and the entire team to ensure a seamless transition.”
In the wake of the role shakeups, Ira Kress, the senior vice president of operations at Giant Food, has been appointed its interim president.
“We are excited for Gordon to join the Stop & Shop brand,” added Holt. “Gordon is an excellent leader of people, with a strong focus on serving customers, engaging associates and supporting local communities. During his time at Giant Food, the brand has successfully grown sales and market share, and has strong associate engagement results.”