Stop & Shop president Mark McGowan is leaving the organization at the end of the year, according to the retailer's parent company Ahold Delhaize USA.
Gordon Reid, the current president of Giant Food, will take over McGowan's role at Stop & Shop. Reid will begin transitioning to this new role in the coming weeks and will officially assume the role in late July. In a related move, Ira Kress, senior vice president of operations for Giant Food, has been appointed as interim president of that organization.
“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," says Kevin Hold, CEO of Ahold Delhaize USA. "Under his leadership, Stop & Shop has built a strong foundation for transformation and expanded success that continues through our ‘Reimagine Stop & Shop’ initiative. 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.”
The moves weeks after Stop & Shop workers finished an 11-day strike that ended with the company meeting demands for better pay and health care coverage.