Fred's Inc (FRED.O) People | Reuters.com
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Fred's Inc (FRED.O)

FRED.O on Nasdaq

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Summary

Name Age Since Current Position

Thomas Tashjian

61 2016 Independent Chairman of the Board

Michael Bloom

54 2015 President, Chief Operating Officer

Jerry Shore

62 2014 Chief Executive Officer, Director

Rick Hans

60 2016 Chief Financial Officer, Executive Vice President

Craig Barnes

48 2015 Executive Vice President - Supply Chain and Global and Domestic Logistics

Rick Chambers

51 2006 Executive Vice President - Pharmacy Operations

John Foley

2015 Executive Vice President - Store Operations

Mark Dely

39 2013 Chief Legal Officer, Senior Vice President, General Counsel, Assistant Secretary

W. Bryan Pugh

52 2015 Chief Marketing and Merchandising Officer

Michael Holligan

58 2015 Regional Vice President - Store Operations

John Eisenman

73 1992 Independent Director

Steven Fitzpatrick

55 2012 Independent Director

Michael McMillan

55 2007 Independent Director

B. Mary McNabb

59 2005 Independent Director

Biographies

Name Description

Thomas Tashjian

Mr. Thomas H. Tashjian has been re-designated as Independent Chairman of the Board of the Company., effective 15 April 2016. Mr. Tashjian is a private investor. Mr. Tashjian has served as a managing director and consumer group leader at Banc of America Montgomery Securities in San Francisco. Prior to that, Mr. Tashjian held similar positions at First Manhattan Company, Seidler Companies, and Prudential Securities. Mr. Tashjian’s earlier retail operating experience was in discount retailing at the Ayr-way Stores, which were acquired by Target, and in the restaurant business at Noble Roman’s. He is a graduate of the Director’s Consortium of the Stanford Graduate School of Business and is a member of the Society of Corporate Secretaries and Governance Professionals.

Michael Bloom

Mr. Michael K. Bloom is President, Chief Operating Officer of the Company. Prior to joining the Company, Mr. Bloom served as the President and Chief Operating Officer for Family Dollar Stores, Inc. from September 2011 to January 2014. He also spent more than 20 years with CVS Caremark Corporation , holding a variety of positions with increasing responsibilities in merchandising and operations and rising finally to Executive Vice President of Merchandising, Marketing, Advertising, and Supply Chain. Before joining CVS, Bloom spent 10 years in merchandising and operations management with Virginia-based Peoples Drug Stores and the Florida division of Toronto-based Shoppers Drug Mart Corporation.

Jerry Shore

Mr. Jerry A. Shore is Chief Executive Officer, Director of Company. Mr. Shore joined the Company in April 2000 as Executive Vice President and Chief Financial Officer. Prior to joining the Company, Mr. Shore was employed by Wang’s International, a major importing and wholesale distribution company as Chief Financial Officer from 1989 to 2000, and in various financial management capacities with IPS Corp., and Caterpillar, Inc. from 1975 to 1989. Mr. Shore is a CPA. He brings extensive experience with Fred’s and the retail industry as well as financial and accounting expertise to the Board.

Rick Hans

Mr. Rick J. Hans is Chief Financial Officer, Executive Vice President of the Company. Prior to joining Fred's, Hans enjoyed a 27-year career with Walgreen Co. in Deerfield, Illinois. Most recently, he served as Vice President of Investor Relations and Finance. Hans previously held the position of Director of Finance and Assistant Treasurer, where he promoted a sound capital structure that subsequently provided the basis for major strategic acquisitions. Hans also held roles as Real Estate Manager and Senior Real Estate Manager, where he was responsible for the development of more than 250 Walgreen drugstores. He joined Walgreens in 1987 as a financial analyst.

Craig Barnes

Mr. Craig L. Barnes is the Executive Vice President - Supply Chain and Global and Domestic Logistics of the Company., since March 2015. He joined the Company in August 2014 as the Senior Vice President, Global Sourcing and Hardlines and was promoted to Executive Vice President - General Merchandise Manager in November 2014 and Executive Vice President - Supply Chain and Global and Domestic Logistics in March 2015. Mr. Barnes has more than 30 years of progressive retail merchandising/sourcing experience. Prior to joining Fred's, Barnes was Vice President for the Global Independent Aftermarket and OE Service for Delphi Products & Service Solution. Previously, he was the Senior Vice President, Merchandising, Pricing, Global Sourcing, Marketing, and Inventory Demand Planning for General Parts/CARQUEST. Barnes began his retail career at AutoZone with experience in merchandising and store operations.

Rick Chambers

Mr. Rick A. Chambers is Executive Vice President - Pharmacy Operations of Fred's Inc. Prior to this he held the position of Senior Vice President – Pharmacy operations from June 2004 to August 2006. Mr. Chambers joined the Company in July of 1992 and has served in various positions in Pharmacy Operations. Mr. Chambers earned a Doctor of Pharmacy Degree in 1992.

John Foley

Mr. John Foley is Executive Vice President - Store Operations of the Company., effective October 7, 2015. Foley brings to Fred's more than 30 years of experience in retail pharmacy chain experience. For the past nine years, he was Corporate Operations Vice President at Walgreen's, responsible for the Eastern Division, which in 2014 accounted for approximately $20 billion in revenue from more than 2,500 retail pharmacies, health care clinics, and specialty pharmacy units. Prior to this role with Walgreen's, Foley served as a District Manager for six years and was a Store Manager for 11 years.

Mark Dely

Mr. Mark C. Dely is Chief Legal Officer, Senior Vice President, General Counsel, Assistant Secretary of Fred's Inc. Prior to joining the Company, Mr. Dely was employed by the ServiceMaster Company as Divisional General Counsel of the Franchise Services Group where he had responsibility for all of the domestic and international legal operations for the group. From 2004 until 2007 Mr. Dely was employed as the first in-house counsel to Delta and Pine Land Company, a seed and agricultural biotechnology company traded on the New York Stock Exchange. From 1999 until 2004 Mr. Dely was an attorney with Fried Frank, LLP.

W. Bryan Pugh

Mr. W. Bryan Pugh is the Chief Merchandising and Marketing Officer of the company., since March 2015. From 2009 to 2014, Mr. Pugh was employed by Walgreen's where he served as the Chief Merchandising Officer where he led the transformation of the front-end to a more customer-friendly and faster-turning product selection. Prior to joining Walgreen's, Mr. Pugh acquired more than 25 years of experience in food and general merchandise retail from his time at Wal-Mart and Tesco, a multinational grocery and general merchandise retailer headquartered in the United Kingdom.

Michael Holligan

Mr. Michael G. Holligan is Regional Vice President - Store Operations of the Company. He was Executive Vice President - Store Operations of the company., in March 2015. He was serving as Interim Executive Vice President - Store Operations beginning in September 2014. Mr. Holligan joined the Company in June of 2002 as a district manager and was promoted to Regional Vice President of Store Operations in September of 2004. Prior to joining Fred's, Mr. Holligan spent 18 years at Wal-Mart in various store operations leadership roles.

John Eisenman

Mr. John R. Eisenman is an Independent Director of Fred's, Inc. Mr. Tashjian is involved in real estate investment and development with REMAX Island Realty, Inc., located in Hilton Head Island, South Carolina. Mr. Eisenman has been engaged in commercial and industrial real estate brokerage and development since 1983. Previously, he founded and served as President of Sally’s, a chain of fast food restaurants from 1976 to 1983, and prior thereto held various management positions in manufacturing and in securities brokerage.

Steven Fitzpatrick

Mr. Steven R. Fitzpatrick is an Independent Director of Fred's, Inc. Mr. Fitzpatrick was the President of Accredo Health Group, Inc., Medco’s fast-growing specialty pharmacy organization, a position he held until he retired in June 2011. Mr. Fitzpatrick joined Accredo in 2001 as President of its subsidiary, Sunrise Health Management, Inc., and was named President of Accredo Therapeutics, Inc., in February 2002. With the acquisition of Accredo by Medco Health Solutions, Inc., in August 2005, Mr. Fitzpatrick assumed responsibility for both Accredo Therapeutics and Accredo Specialty Care Services (formerly Medco Specialty Solutions). In March 2006, he became Chief Operating Officer of Accredo Health Group and was named President in June 2008. Prior to joining Accredo, Mr. Fitzpatrick held senior management positions with Abbott Laboratories, Block Medical, PharmaThera and Nations Healthcare. Mr. Fitzpatrick has an MBA from Northwestern University and successfully passed the CMA and CPA accounting exams. Mr. Fitzpatrick’s brings extensive experience in the pharmaceutical industry, including specialty pharmacy services, as well as financial and management experience to the Board.

Michael McMillan

Mr. Michael T. McMillan is an Independent Director of Fred's Inc. He currently serves as Vice President Franchise Development for Pepsi-Cola North America, a Division of PepsiCo, where he has spent the last 28 years in various roles including marketing, sales, franchise development, and general management of its bottling operations.

B. Mary McNabb

Ms. B. Mary McNabb is an Independent Director of Fred's Inc. Ms. McNabb is currently the owner and operator of Tai Shan Farms, Inc. Previously, she served as Chief Executive Officer for Kid’s Outlet, California. Kid’s Outlet, California filed for bankruptcy on May 14, 2009. Prior to that, she served as Executive Vice President and a Director of The Mowbray Group from 2004-2005, a California-based retail consulting firm that specializes in problem-solving, cost reductions, importing, and retail management. She has served as a member of the Board of Directors of C-ME (Cyber Merchants Exchange). Ms. McNabb was formerly Executive Vice President of Merchandising and Marketing for Factory 2-U, Vice President of sourcing for S-Q of California, and West Coast Manager/Buyer for One Price Clothing, Inc.