Specialty retailer of high quality food products,
The Fresh Market, Inc
) has announced the appointment of Jeffrey Ackerman as its new
Chief Financial Officer (CFO) and Executive Vice President, with
effect from Jun 3, 2013. Ackerman is replacing Lisa Klinger, who
resigned in Nov 2012 to join a similar position with a private
equity-backed apparel retailer.
Ackerman will be responsible for the company's financial
functions including accounting, audit, information technology,
investor relations, tax, and financial planning and analysis.
Notably, Ackerman held various executive positions at several
top companies in his 25-year career. Prior to joining Fresh
Market, Ackerman served as Executive Vice President and CFO of
one of the largest bedding manufacturers - Sealy Corporation.
Prior to Sealy, Ackerman was the Vice President of the finance
department at the Frito-Lay branded snack division of
With his vast knowhow and expertise in consumer-oriented
companies, Ackerman can be easily regarded as a veteran in the
sector. We expect the company's successful trajectory to gain
further upside from his expert guidance. In addition, Fresh
Market's management is confident of its appointment of Ackerman,
considering his exhaustive experience in consumer-oriented
companies. Fresh Market expects Ackerman's financial and
operational skills to boost bottom-line growth and thus benefit
the company's clients and shareholder value.
Currently, Fresh Market holds a Zacks Rank #3 (Hold). Better
performing supermarket retailers include
Etablissements Delhaize Fr
The Kroger Company
), both of them carrying a Zacks Rank #2 (Buy).
DELHAIZE-LE (DEG): Free Stock Analysis Report
KROGER CO (KR): Free Stock Analysis Report
PEPSICO INC (PEP): Free Stock Analysis Report
FRESH MARKET (TFM): Free Stock Analysis
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