Sprouts Farmers Market Inc. announced the addition of Doug Rauch to its board of directors, effective Feb. 25. Rauch spent 31 years with Trader Joe’s Co., including 14 years as a president. Rauch was instrumental in Trader Joe’s growth from nine stores in California to a national chain, as well as the development of its prized buying philosophy and creation of its unique private label food program.
“We are thrilled to add Doug to our board of directors,” said Jack Sinclair, chief executive officer of Sprouts Farmers Market. “Doug is a seasoned grocery veteran whose decades of experience at one of the most well-regarded retailers in the industry will be invaluable to our company as we continue to develop our long-term strategy.”
In addition to his time at Trader Joe's, Rauch founded and serves as president of Daily Table, an innovative retail concept designed to bring affordable nutrition to the food insecure in Boston’s inner city. Rauch was also a founding board member and chief executive officer of Conscious Capitalism Inc., an organization dedicated to the practice of business as a force for good, where he continues to serve as a board member. Rauch currently serves on the board of directors of PAR Technology Corp., a leading provider of point-of-sale technology solutions to restaurants and retail outlets.
“I am pleased to join the Sprouts board at this exciting time,” said Rauch. “Sprouts shares my beliefs of making healthy living affordable to everyday grocery shoppers and conducting its business in a way that is also good for the planet, and I look forward to working with the board and management team to help guide the company’s path forward.”