Grocery Outlet Names New CEO, Robert L. Miller

TL;DR

Grocery Outlet gets a new CEO, Robert L. Miller, starting Nov 4th. He's got big grocery experience.

AI Summary

Grocery Outlet Holding Corp. announced on October 30, 2024, that its Board of Directors has appointed Robert L. Miller as the new Chief Executive Officer, effective November 4, 2024. Miller, who has served as a director since 2019, will also join the Board. He previously held leadership roles at Albertsons Companies, Inc. and Supervalu Inc.

Why It Matters

The appointment of a new CEO can signal a strategic shift for the company, potentially impacting its future performance and market position.

Risk Assessment

Risk Level: medium — Leadership changes can introduce uncertainty regarding future strategy and execution, impacting investor confidence.

Key Players & Entities

• Grocery Outlet Holding Corp. (company) — Registrant
• Robert L. Miller (person) — Appointed CEO and Director
• November 4, 2024 (date) — Effective date of new CEO appointment
• Albertsons Companies, Inc. (company) — Previous employer of new CEO
• Supervalu Inc. (company) — Previous employer of new CEO

FAQ

From the Filing

0001193125-24-246957.txt : 20241030 0001193125-24-246957.hdr.sgml : 20241030 20241030061159 ACCESSION NUMBER: 0001193125-24-246957 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20241029 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241030 DATE AS OF CHANGE: 20241030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grocery Outlet Holding Corp. CENTRAL INDEX KEY: 0001771515 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 471874201 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38950 FILM NUMBER: 241407247 BUSINESS ADDRESS: STREET 1: 5650 HOLLIS STREET CITY: EMERYVILLE STATE: CA ZIP: 94608 BUSINESS PHONE: (510) 845-1999 MAIL ADDRESS: STREET 1: 5650 HOLLIS STREET CITY: EMERYVILLE STATE: CA ZIP: 94608 8-K 1 d905589d8k.htm 8-K 8-K false 0001771515 0001771515 2024-10-29 2024-10-29     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date Earliest Event reported): October 30, 2024 ( October 29, 2024 )       Grocery Outlet Holding Corp. (Exact name of registrant as specified in its charter)       Delaware   001-38950   47-1874201 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   5650 Hollis Street , Emeryville , California     94608 (Address of principal executive offices)     (Zip Code) (510) 845-1999 (Registrant’s telephone number, including area code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol   Name of each exchange on which registered Common stock, par value $0.001 per share   GO   Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 2.02. Results of Operations and Financial Condition On October 30, 2024, Grocery Outlet Holding Corp. (the “Company”) announced certain preliminary unaudited financial results for the fiscal quarter ended September 28, 2024. The full text of the press release issued by the Company is furnished as Exhibit 99.1 to this report. The information in Item 2.02 of this current report on Form 8-K (including Exhibit 99.1 furnished herewith) shall not be d