Less than a month after naming Aaron Wiese as successor to Hy-Vee CEO, Randy Edeker, the West Des Moines-based grocery chain, Iowa’s largest employer, has elevated Jeremy Gosch to co -CEO and President of Retail Operations.
Wiese will oversee the subsidiaries and supply chain, Hy-Vee said in a press release Wednesday. Both will report to Edeker, who will step down as CEO on October 1, but will continue in his other role as the company’s chairman.
The announcement of Wiese’s ongoing promotion came in late July. At the time, the company said Gosch would remain president and chief operating officer, positions he was promoted to in December.
In Wednesday’s press release, Edeker said the CEO position had become too big for one person. He did not elaborate on why Gosch was not initially promoted to co-CEO. Hy-Vee did not immediately respond to a request for comment on the reason for the change.
“As I look to the future, we have reached a point where one person can no longer hold the title of chairman, CEO and president of the entire company,” Edeker said in his statement. “We have become more than just a grocer. With a focus on health and wellness, pharmacy, restaurants, grocery, distribution and digital assets, it’s time we evolved our leadership structure to best position the business for the future. future, which is why Jeremy will also serve as CEO of the company.
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In addition to being co-CEOs, Gosch and Wiese will serve as vice-chairmen of the board.
Gosch graduated from Aplington-Parkersburg Community High School in Parkersburg, Iowa, and earned his bachelor’s degree in finance from the University of Iowa.
He began his career with Hy-Vee in 1995 as a part-time clerk at Lantern Park Plaza Hy-Vee in Coralville, the company said. For 12 years, he held retail operations management positions, including Store Manager, in multiple locations.
In 2012, Gosch was promoted to Assistant Vice President, Operations, Northeast Region. And in 2018, he became executive vice president, co-chief operating officer and chief marketing officer.
As co-CEO, Gosch will lead the company’s supplier relationships and store expansion in Hy-Vee’s current eight-state region, where it employs 93,000 people in 285 stores, the company said. He said he would also oversee its planned expansion, which includes locations in the southeast.
“With Jeremy’s retail and in-store experience, he has incredible knowledge of our retail business and has a strong sense of urgency to deal with the challenging times we are living in today” , Edeker said in his statement. “He has a great understanding of how we must continue to evolve our business to grow, which will keep us on the path to continued success as one of the top grocers in the United States”
Hy-Vee launched new divisions this year and went national with its online retail platforms, including WholeLotta Good, Hy-VeeDeals.com and RedBox Rx, according to the press release.
Officials said that to grow, Hy-Vee launched several national partnerships this fiscal year to improve “the in-store customer experience and bring value to its shoppers.”
At the same time, the company cut more than 415 positions from its headquarters in West Des Moines.
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Edeker in March pointed out that the company was focused on filling 10,000 open jobs at retail stores in its portfolio. The company then cited “economic challenges” such as inflation as the motivation for the restructuring.
Virginia Barreda is a trend and general assignment reporter for the Des Moines Register. She can be contacted at firstname.lastname@example.org. Follow her on Twitter at @vbarreda2.