We are pleased to announce that David Rice has accepted the position of President and Chief Executive Officer of Associated Food Stores.
The announcement comes after the former president and CEO of the company, Robert Obray, passed away in August.
“Bob was an incredible leader and worked closely with the company’s board of directors and his leadership team to establish the future direction of the company,” said Rice. “Bob was a friend to all and while no one will ever fill his shoes, collectively we are committed to following in his remarkable footsteps.”
Rice has worked for the company for 27 years. In a previous role, Rice served as Executive Vice President of Associated Food Stores and President of Associated Retail Operations.
“With almost three decades of industry experience, Rice combines extensive expertise and a commitment to independent retailers that is vital as we continue executing our short and long-term growth strategies,” said Chip Atkinson, business chairman of the board. “His proven ability to connect with retailers, team members and vendor partners make him an ideal fit to lead Associated Food Stores and we are energized and enthusiastic about the future of our cooperative under his direction.”