Publix CEO Ed Crenshaw will be retiring on April 30, 2016, after 42 years with the company. Upon his retirement, President Todd Jones will take on the titles of both President and CEO. Crenshaw will stay on as a member of the company’s Board of Directors.
Crenshaw began his Publix career as a front-end service clerk in 1974 and was promoted to Director of Retail Operations for the Lakeland Division in 1984. After working a variety of executive level positions, Crenshaw was named CEO of Publix in 2008.
“Company ownership provides our associates amazing opportunities, and with that comes the responsibility to continue to grow our company and invest in each other,” said Crenshaw in a statement. “The time has come to turn over the reins, and I am pleased to have a leader with the experience of Todd who is ready to take the next step in his career. I am confident in his ability to lead our company into the future and to continue to make Publix a great place for both customers and associates.”
Advertisement