Meijer names CEO
Meijer has named a non-family member to the position of CEO.
Meijer said this afternoon CEO Hank Meijer will step down, effective Jan. 1, and serve as executive chairman of the Meijer board.
Meijer President Rick Keyes will add CEO to his title and assume the responsibilities.
Meijer said the president role has typically held by non-family members, and the CEO role has been mostly filled by Meijer family members.
Previously, Fred Meijer, Hank Meijer's father, served as CEO, and in 2013, the company appointed Mark Murray as co-CEO with Hank Meijer.
“We have witnessed Rick’s deep understanding and appreciation of our culture and his passion for the people who make Meijer a great company,” Hank Meijer said. “His accomplishments throughout a 27-year career — and his leadership as president for more than a year now — give us tremendous confidence in the future, as he assumes a new title that better reflects his responsibilities.”
Hank Meijer said the decision to make an adjustment in titles was based on the company’s desire to match roles more accurately with responsibilities.
He said he’ll work closely with Keyes in developing and executing strategies for the retailer.
Doug Meijer and Mark Meijer, also sons of Fred Meijer, will "stay actively involved" as directors of Meijer.
Walker-based Meijer operates 230 superstores in Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin.
It has been privately owned and family operated since it was founded in 1934 in Greenville by Hendrik Meijer, "together" with his 14-year-old son, Fred Meijer.
Meijer helped pioneer the “one-stop shop” concept and has evolved through the years to feature more than 40 departments.