Save A Lot has named Bill Mayo, the supermarket’s current COO, as its new CEO. Current leader Fred Boehler will be stepping back from day-to-day management but will remain active in an advisory role, both to Mayo and the Save A Lot board of directors, over the coming months.
Mayo spent the bulk of his career at the retailer-owned cooperative Wakefern Food Corp. His 29 years there included service as Chief Administrative Officer, leading initiatives that drove significant efficiencies by leveraging analytics of store-level demand management. He joined Save A Lot in March 2024 and was promoted to COO in October 2024, responsible for the merchandising, marketing, new business development, sales and retail operations teams.
“As I step back from daily management of the Save A Lot business, I’m confident that Bill is the right leader to help steer the company through to its next phase of growth,” said Boehler in a statement. “Bill has played a key role in resetting the company’s go-forward strategy and reclaiming Save A Lot’s value and retail leadership as both a wholesaler and an operator.”
In October 2024 Save A Lot introduced its first-ever rewards program, and in November 2024 Save A Lot kicked off a retail media network rollout to nearly 900 stores. Last month, Save A Lot and Leevers Supermarkets debuted a new Hispanic-themed store format, Save A Lot y Mas.
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