Wakefern Food Corp. the nation’s largest retailer-owned cooperative, said yesterday that Mike Stigers - since 2019 the CEO of UNFI-owned Cub Foods - has been named the company's new president.
Stigers will take on the role effective June 1. Joe Sheridan, who announced his retirement as Wakefern president last year, will remain with the company through the end of the year to assure a smooth transition. Sheridan has been with Wakefern for almost a half-century, serving as president for the past 11 years.
Wakefern’s Chairman Joe Colalillo said in a prepared statement, “Mike brings with him five decades of industry leadership, proven success and respect among his peers and the supplier community. Wakefern will benefit from that broad knowledge base and leadership experience … On behalf of the board of directors, I want to thank Joe Sheridan for his decades long dedication to Wakefern and for his role in the search and selection process – it has been invaluable."
Before taking on the CUB CEO job, Stigers spent eight years at SuperValu, beginning in 2011 as the president of Shaw’s/Star Market in New England. In 2013, he went on to lead SuperValu’s northern wholesale region and then in 2014, he was named president of Cub Foods. In 2016, he was promoted to the position of executive vice president, SuperValu Wholesale and Supply Chain Services, and occupied that role until it was acquired by UNFI in 2018.