Raley’s CEO departs, Mike Teel returns to role
Raley’s CEO departs, Mike Teel returns to role
The Raley’s Cos. announced the departure of President and CEO Keith Knopf and the appointment of owner and Chairman Mike Teel as CEO, a role he previously held prior to Knopf’s joining the company.
Alongside his return as CEO, Teel has promoted two experienced leaders to support the organization through this transition. Tiffanie Burkhalter has been appointed president and chief financial officer, and Jen Warner has been appointed president and chief operations officer of The Raley’s Cos.
“After 11 fulfilling years of service, I have reached a natural inflection point, and having achieved significant milestones, chosen at this point in time to step away,” said Knopf. “Serving as president and CEO has been an immense privilege, and I remain deeply proud of what our team has accomplished together. I am grateful for the support and partnership of the board throughout my tenure.”
During Knopf’s tenure, the organization doubled in size through multiple acquisitions, developed industry-leading eCommerce and digital capabilities and evolved its loyalty program into a meaningful and relevant platform for customers. His leadership also brought lasting improvements to the company’s supply chain for the modern retail environment.
“Keith’s contributions over the past 11 years have left a meaningful mark on this company and the communities we serve,” said Teel. “He is leaving us with a strong, capable leadership team, and I am stepping back into this role with confidence in the people and the foundation. Our focus remains where it has always been — on our customers, our team members and the communities we are proud to serve.”
Burkhalter has served as CFO for The Raley’s Cos. since 2023. A seasoned executive, she brings deep financial expertise alongside broad operational experience to her expanded role.
Warner joined Raley’s in 2020 as chief administrative officer and has been instrumental in delivering on the company’s long-range strategic plan, formerly serving as president of Raley’s operating division and most recently as chief growth and transformation officer of The Raley’s Cos. She brings a breadth of experience from senior leadership positions at several multinational public companies.
Photo: Keith Knopf and Mike Teel