Fairway Market has named Jack Murphy, former CEO of Earth Fare, as the company's new CEO.
Murphy has extensive experience in specialty food retailing. Before acting as CEO of Earth Fare, Murphy was COO of natural goods grocer Fresh Fields, which he co-founded and managed before it was sold to Whole Foods.
He also previously acted as operating partner at McCown Deleeuw & Co., a private equity firm that owned 24 Hour Fitness. In addition, he acted as VP of operations at Purity Supreme Supermarkets.
"We believe Jack brings very strong leadership to Fairway and possesses highly relevant marketing and merchandising skills that are complementary to our organization," said Charles Santoro, chairman of Fairway Market. "Jack has developed and implemented business strategies for unique and highly differentiated brands, and brings great enthusiasm, perspective and leadership to the company."
Bill Sanford, who was appointed interim CEO in Feburary while the company continued its search, has decided to leave Fairway to pursue other interests. Sanford joined the company in 2008 as chief administrative officer and then acted as CFO and president before becoming interim CEO.
"Bill has made significant contributions as a member of Fairway's management team for the last six years and we greatly appreciate his leadership and commitment throughout his time at Fairway," Santoro said. Press Release