Aldi names U.S. co-president
Aldi names U.S. co-president
Aldi Inc. has announced that Brent Laubaugh, vice president of its Saxonburg division, has been promoted to co-president of Aldi in the United States, joining David Behm and Chuck Youngstrom, who continue in their roles as co-presidents. All three co-presidents report to Jason Hart, chief executive officer of Aldi.
Laubaugh, whose promotion is effective March 28, has been with Aldi for more than 20 years, holding a variety of roles of increasing responsibility throughout his career.
“Aldi has a different style when it comes to grocery shopping and that differentiation has helped make us one of the fastest growing retailers in the U.S.,” Hart said in a press release. “To support our significant expansion, it was important that we strengthen our leadership team to ensure our success. With the addition of Brent to our team, we have the right leaders in place to continue growing the Aldi business.”
Aldi is in the midst of its accelerated expansion plan that, by the end of 2018, are expected to bring fresh, high-quality groceries at everyday low prices to more than 45 million customers each month. To reach its aggressive goals, Aldi plans to create more than 10,000 new jobs at its stores, warehouses and division offices from coast to coast and invest more than $3 billion to pay for land, facilities and equipment. When completed, Aldi will have nearly 2,000 stores, marking a close to 50 percent increase in only five years.
