Roger Davidson Named Senior Vice President of Merchandising and Marketing for Wild Oats Markets
October 10 2006 - 9:00AM
PR Newswire (US)
Food Retail Industry Veteran Brings Significant Merchandising and
Private Label Experience to Wild Oats BOULDER, Colo., Oct. 10
/PRNewswire-FirstCall/ -- Wild Oats Markets, Inc. (NASDAQ:OATS), a
leading national natural and organic foods retailer, today
announced Roger Davidson has joined its senior executive team as
Senior Vice President of Merchandising and Marketing effective Oct.
30, 2006. He replaces Steve Kaczynski, who left the Company in
April 2006. Mr. Davidson, 53, has more than 37 years of operations
and management experience in the food retail industry. Most
recently, he was Senior Vice President and Chief Operating Officer
for Supervalu's $7 billion retail food division, which was
comprised of eight operating divisions spread throughout the U.S.
Prior to that, he was Senior Vice President of Non-Perishables,
Corporate Brands and Global Sourcing at AHOLD USA, Inc., a leading
multi-national food retailer. Mr. Davidson spent most of his career
at the H.E. Butt Grocery Company, a privately held regional grocery
chain based in San Antonio, Texas. There he held a variety of
positions, including Director of the retailer's $1 billion private
label business, Director of Category Management in Traditional
Foods and Drug Store, Director of Marketing, and several other
merchandising, procurement and operations positions during his
30-year tenure at H.E. Butt. "With his breadth of food retail
experience in merchandising, marketing, procurement and private
label, we look forward to the contributions and expertise Roger
will bring to Wild Oats," said Perry Odak, President and Chief
Executive Officer of Wild Oats Markets. "By filling this position,
we have rounded out our senior executive team and have strengthened
our bench to take Wild Oats Markets to its next stage of rapid
growth and expansion." A native of Texas, Mr. Davidson earned his
B.A.A. in Accounting, and his M.B.A. in Finance from the University
of Texas at Austin. The Company has created an individual equity
incentive plan as inducement to Mr. Davidson's entry into
employment with Wild Oats. The plan reserves for issuance of
100,000 shares of common stock, at a strike price set on the day he
begins employment, vesting 25 percent on the first anniversary date
of the creation of the plan, and monthly, thereafter, over the
remaining 36 months. Wild Oats Markets, Inc. is a nationwide chain
of natural and organic food markets in the U.S. and Canada. With
annual sales of more than $1.1 billion, the Company currently
operates 113 stores in 24 states and British Columbia. The
Company's natural food stores include Wild Oats Natural
Marketplace, Henry's Farmers Market, Sun Harvest and Capers
Community Markets. For more information, please visit the Company's
website at http://www.wildoats.com/. DATASOURCE: Wild Oats Markets,
Inc. CONTACT: Sonja Tuitele, Corporate Communications of Wild Oats
Markets, Inc., +1-720-562-4984 Web site: http://www.wildoats.com/
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