Brookshire Grocery Co.'s CEO retires, successor named
Brookshire Grocery Co.'s CEO retires, successor named
Brookshire Grocery Co.’s board of directors announced that Rick Rayford has retired as president and chief executive officer, and that Chairman of the Board Bradley W. Brookshire will serve as the company’s chairman and CEO.
Bradley W. Brookshire
“We appreciate Rick’s 44 years of service to this company and the legacy he leaves behind," Brookshire said in a press release. "Hundreds of employees were promoted to leadership positions during his tenure, some directly through his mentorship and others through the many career development and education opportunities he so strongly supported.”
Bradley W. Brookshire is the grandson of the company’s founder, Wood T. Brookshire, and has served as chairman of the board since 2007. He is part of the third generation of the Brookshire family to lead the company. He has 38 years of service and has served in various leadership roles, including store director, director of distribution and executive vice president of corporate development.
In a statement to the company’s employees, Brookshire thanked them for their support, particularly in recent months as the board evaluated a range of strategic alternatives for the company.
“Times of change are also times of great opportunity and growth, and I am excited about all that the future holds for Brookshire Grocery Company," the statement from Brookshire read. "My challenge to each and every one of our 14,000 partners is to remain focused on our common goals of taking great care of our customers, uniting as a team and making our company the very best it can be."