Sprouts Farmers Market, Inc. Announces Appointment of Denise Paulonis as Chief Financial Officer
January 08, 2020 at 03:00 am IST
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Sprouts Farmers Market, Inc. announced that Denise Paulonis will join the company as chief financial officer, effective February 21, 2020. Paulonis most recently served as executive vice president and chief financial officer of The Michaels Companies Paulonis currently serves on the board of directors of Sally Beauty Holdings, Inc. Paulonis will report directly to Sinclair and will work closely with the company interim chief financial officer, Lawrence P. Molloy, to ensure a smooth transition Molloy will remain with the company in his capacity as an independent member of its board of directors upon Paulonis.
Sprouts Farmers Market, Inc. is a specialty natural and organic food retailer. The Company offers a specialty grocery experience featuring an open layout with fresh produce at the heart of the store. It offers products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. The Company curates its product mix to differentiate fresh, natural and organic foods and healthier options throughout all of its departments. It categorizes the varieties of products it sells as perishable and non-perishable. Its perishable product categories include produce, meat and meat alternatives, seafood, deli, bakery, floral and dairy and dairy alternatives. Its non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. The Company operates approximately 407 stores in 23 states.