Whole Food Markets on Wednesday announced a shakeup of its board and named a new CFO as it works to turn around its struggling business, which has seen seven straight quarters of same-store sales decline.
Keith Manbeck was tapped for chief financial officer, effective May 17, CNBC reported. Most recently, Manbeck was senior vice president of digital finance, strategy management and business transformation at Kohl's.
Meanwhile, the grocer also named five new independent directors to its board, effective immediately, and tapped Gabrielle Sulzberger as its chair.
