Sacramento, CA, United States
Sacramento, CA, United States

Sutter Health is a not-for-profit health system in Northern California, headquartered in Sacramento. It includes doctors, hospitals and other health care services in more than 100 Northern California cities and towns. Major service lines of Sutter Health-affiliated hospitals include cardiac care, women’s and children’s services, cancer care, orthopedics and advanced patient safety technology. Wikipedia.


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News Article | May 11, 2017
Site: www.prweb.com

Velodome Shelters, a Clifton, NJ producer of bicycle parking products and BikeHub, a San Francisco bicycle transportation consultancy, recently teamed up to provide California’s Samuel Merritt University with a secure bicycle parking enclosure to protect their students and faculty bikes from theft and the elements. Samuel Merritt University, a prestigious health industry college located in an urban area of Oakland, CA was experiencing a persistent problem that is all too common on college campuses– rampant bike theft. To tackle the problem, SMU’s Facilities Dept. contacted Gene Oh, founder of BikeHub, which helps its clients develop and execute bike related projects such as bike share programs, bicycle fleet management and bike parking and repair facilities they call BikeHubs. Oh collaborated on the project with Velodome Shelters, which produces indoor and outdoor bicycle parking products and is known for their focus on bike security. After considering Velodome’s BikeGarage, Guardian and Peapod locking bike shelters, they decided on the Peapod model. Only 12’ wide x 15’ long, the compact Peapod has a locking door and accommodates 20 bikes using Velodome’s MaxRacks, a high density, high capacity bike rack system. The shelter is manufactured with an anodized aluminum frame, polycarbonate barrel roof and shatter-proof, tempered glass wall panels. It is also pre-fabricated in sections for easy assembly and crated for low-cost shipping. BikeHub provided the student card access system and coordinated installation of security cameras and lighting at night. Beyond working with SMU for almost two years since the inception of the project, Oh had to get approval from Sutter Health which is SMU’s parent company. The site selected for the bike shelter was next to the University's main classroom building and Sutter Health Hospital. BikeHub provided full-services, from scoping the project, selecting the vendor, providing the access control system and acting as project manager from delivery to installation to billing. According to Oh, “The BikeHub has been well received by students and staff alike. Beyond the obvious security and high quality of the Velodome bicycle shelter, it matches the aesthetic of the adjacent buildings. Velodome is truly a great partner to work with...they provide real hands-on support and customize their solution to each project.” About Velodome Shelters: Velodome Shelters specializes in design, engineering and manufacturing innovative bicycle parking shelters, bike racks and bike storage products. For more information about the Peapod and Velodome’s other bike parking products, visit http://www.velodomeshelters.com or contact sales(at)velodomeshelters(dot)com / 888-995-9080.


News Article | May 9, 2017
Site: www.prnewswire.com

Through the partnership, Sutter Health and the Steinberg Institute will help to enhance and expand One Mind at Work's engagement with major employers across sectors, industries, and national boundaries. This will include developing and providing quality education and training resources; policy, legislative, and best practice advocacy; connections between employers and providers; and a community of practice for employers committed to systems change in their own organizations and the external environment. Together, these efforts address the immense societal and business costs of mental health conditions, which are projected to drain $16 trillion in economic output by 2030. "Through this game-changing partnership, our two organizations will join One Mind at Work and its existing partners to take action, empower employers to more effectively address workplace mental health, and make a difference in a coordinated way," said Sarah Krevans, President and CEO of Sutter Health. "As a healthcare employer, Sutter Health knows firsthand the hurdles organizations and employees face — from stigma to barriers to service — and we look forward to sharing our ongoing efforts and experiences in creating a healthier workforce." "We're excited to be part of an effort that seeks to normalize discussion of mental health in the workplace," said Sacramento Mayor Darrell Steinberg, who founded the Steinberg Institute with the goal of making mental health care a public policy priority in the U.S. "Our aim is to ensure brain health is given the same attention as physical health when it comes to prevention, intervention, and treatment." The organizations will participate in an event on September 13 and 14, 2017 in Napa, California: "One Mind at Work — Launching A Global Movement." The event will convene Fortune 100 executives, leading academic experts in mental health, and representatives from national and international health organizations. Topics will include a gold standard for workplace mental health best practices, the business case for mental health, addressing provider shortages and access barriers, and tech-enabled approaches to brain health. One Mind Institute is a public nonprofit organization committed to improving lives globally by raising awareness, supporting innovative services, and funding open science to find preventions and cures for all brain illnesses. Contributions to One Mind Institute and its affiliate, One Mind, have resulted in over $260 million for research, changed thousands of lives, and funded stunning discoveries for better therapies now and tomorrow. https://www.onemindinstitute.org/ Founded by Sacramento Mayor and former State Senate President pro Tempore Darrell Steinberg, the Steinberg Institute is a leading nonprofit public policy institute that supports and encourages effective and comprehensive mental health public policymaking; helps solve disputes between mental health stakeholders; engages business leaders and other non-traditional stakeholders; evaluates the impact of current investments; and implements a bold, best-practices vision to advance mental health services and support integrated systems of care. http://steinberginstitute.org/ Sutter Health was named one of the nation's top five large health systems in 2016 thanks to its integrated network of physician, employee and volunteer pioneers—more than 60,000 people strong. Rooted in Sutter Health's not-for-profit mission, these team members partner to deliver exceptional care that feels personal. From physician offices to hospitals to outpatient care centers and home services, they proudly support and learn from the more than 3 million people in their care—nearly 1 percent of the U.S. population, in one of the most diverse and innovative regions in the world. Sutter pioneers adopt new technologies, make novel discoveries and embrace creative thinking to help patients and communities achieve their best health. From its street nurse program that provides check-ups for people experiencing homelessness, to telemedicine-aided specialist consultations, to walk-in care clinics, to smart glass technology, the Sutter Health team goes beyond traditional models to make care more convenient and to nurture and empower people throughout their medical journey. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/trailblazing-partnership-to-galvanize-workplace-mental-health-efforts-300454030.html


Gabrielle Sulzberger Appointed New Chair of the Board; Mary Ellen Coe Appointed New Chair of Nominating & Governance Committee New Directors Provide Retail, Financial and Leadership Expertise and Track Records Creating Value for Shareholders AUSTIN, Texas, May 10, 2017 (GLOBE NEWSWIRE) -- Whole Foods Market, Inc. (NASDAQ:WFM) (“Whole Foods Market” or “the Company”) today announced a significant refreshment of its Board of Directors by appointing five new independent directors, effective immediately: Ken Hicks; Joe Mansueto; Sharon McCollam; Scott Powers; and Ron Shaich. The Company also announced that Gabrielle Sulzberger has been appointed the new Chair of the Whole Foods Market Board of Directors and Mary Ellen Coe has been appointed the new Chair of the Nominating & Governance Committee. Gabrielle Sulzberger has served as an independent director of the Company since 2003. Ms. Sulzberger’s years serving on public company boards and experience as a chief financial officer provide Whole Foods Market with financial, M&A and risk assessment expertise. Most recently and since December 2016, Ms. Sulzberger served as Chair of the Nominating & Governance Committee of the Whole Foods Market Board. Mary Ellen Coe joined the Whole Foods Market Board of Directors in November 2016 and has served on the Nominating & Governance Committee and has assisted Ms. Sulzberger throughout the Board refreshment process. As an executive at Google, Ms. Coe brings deep technology expertise in marketing, digital strategy and brand strategy. These appointments are part of Whole Food Market’s Board Succession and Development Plan, a robust refreshment process designed to help ensure that the Company’s Board has the best mix of skills and experience necessary to support Whole Foods Market’s leadership team in accelerating shareholder value creation. With these changes, the Whole Foods Market Board of Directors will comprise 12 directors, 10 of whom are independent and six of whom were added in the last seven months. The average tenure of the new Board will be seven years. The new Board includes nine directors who are current or former CEOs or CFOs and four female directors. Collectively, the Whole Foods Market Board brings a broad range of leadership, retail, technology, finance, risk management and M&A experience, as well as valuable shareholder perspective. “With today’s additions to the Board, and changes in our Board’s leadership, we are well positioned as we enter the next phase of our evolution,” said John Mackey, Co-Founder and Chief Executive Officer of Whole Foods Market. “We believe that we have the right plan – and the right team – to execute on our initiatives at an aggressive pace, deliver results and enhance value for our shareholders.” “The five new independent directors have distinguished track records as value creators and as experienced leaders,” said Gabrielle Sulzberger, Chair of the Whole Foods Market Board of Directors. “Our new directors join a Board that is focused on being responsive to our shareholders and is committed to achieving the significant opportunities ahead. Since becoming the Chair of the Nominating & Governance Committee, I have been leading the Board’s succession and development plans alongside my fellow directors. On behalf of the Whole Foods Market Board of Directors, I look forward to working with Ken, Joe, Sharon, Scott and Ron as we work to improve financial and operational performance, and deliver our value enhancement strategy.” Ms. Sulzberger continued, “On behalf of the Board, I want to thank the departing directors for their many contributions to Whole Foods Market over the years. The change that is underway would not have been possible without the leadership of these directors and their commitment to making Whole Foods Market what it is today. It is a testament to their service as directors that they chose to step down and make way for the new directors joining the Board. Each and every one of these departing directors has our deep gratitude and admiration.” Following the refreshment, the Whole Foods Market Board of Directors will include: Gabrielle Sulzberger, Chair of the Board; Mary Ellen Coe, Chair of the Nominating & Governance Committee; Shahid (Hass) Hassan, Chair of the Compensation Committee; Jonathan Seiffer, Chair of the Audit Committee; Ken Hicks; Stephanie Kugelman; John Mackey; Joe Mansueto; Sharon McCollam; Scott Powers; Walter Robb; and Ron Shaich. Accelerated Value Enhancement Plan and New CFO In separate press releases issued today, Whole Foods Market detailed its accelerated path to shareholder value creation and quarterly earnings and announced Keith Manbeck as its new Chief Financial Officer. Ken C. Hicks is the former Chairman, President and Chief Executive Officer of Foot Locker, a major athletic apparel retailer. Mr. Hicks has over 29 years of experience in the retail industry formerly serving as President and Chief Merchandising Officer of J.C. Penney from 2005 to 2009, as well as serving as a member of its Board of Directors from 2008 to 2009. From 2002 to 2004 he was J.C. Penney’s President and Chief Operating Officer of Stores and Merchandise Operations. Prior to joining J.C. Penney, Mr. Hicks was President of Payless ShoeSource. He is a graduate of the United States Military Academy and holds an M.B.A. from Harvard Business School. He has served on the Board of Directors of Avery Dennison Corporation since 2007. Joe Mansueto founded Morningstar in 1984 and became Executive Chairman in 2017. He has served as Chairman of the Board of Directors for the duration of his tenure, and as Chief Executive Officer from 1984 to 1996 and again from 2000 to 2016. He received the Distinguished Entrepreneurial Alumnus Award from the University of Chicago Booth School of Business in 2000. Before founding Morningstar, Mr. Mansueto was a securities analyst at Harris Associates. He holds a Bachelor’s Degree in business administration from the University of Chicago and a Masters of Business Administration from the University of Chicago Booth School of Business. He previously served as a Director of TransUnion Corp. Sharon L. McCollam most recently served as Executive Vice President, Chief Administrative Officer and Chief Financial Officer of Best Buy, from 2012 to 2017. In this role, Ms. McCollam has been broadly recognized as the co-pilot of the company's Renew Blue transformation. Ms. McCollam previously served as Executive Vice President, Chief Operating Officer and Chief Financial Officer of Williams-Sonoma, Inc. and in 2010 was appointed to the Board of Directors. She retired from the company in 2012. Prior to her time at Williams-Sonoma, Ms. McCollam served as Chief Financial Officer of Dole Fresh Vegetables Inc. from 1996 to 2000. She currently serves as a member of the Board of Directors of Hallmark Cards, Inc. Stitch Fix, Art.com, and Sutter Health. Ms. McCollam previously served on the Boards of Directors for Williams-Sonoma, Del Monte Foods and OfficeMax Incorporated. Ms. McCollam received a Bachelor of Science in accounting from the University of Central Oklahoma and is a Certified Public Accountant. Mr. Powers held leadership positions at State Street Corporation from 2008 to 2015, most recently as Executive Vice President of State Street Corp. and President and Chief Executive Officer of State Street Global Advisors. He previously served as President and Chief Executive Officer of Old Mutual USA and Old Mutual Asset Management from 2001 to 2008. He also held executive roles at Mellon Financial Corporation and Boston Company Asset Management. Mr. Powers is a member of the Board of Directors of Sun Life Financial, Inc., where he serves on the Governance, Nomination & Investment Committee and the Management Resources Committee. Mr. Powers is also a member of the Board of Directors of The PulteGroup, where he serves as a member of the Nominating and Governance Committee and the Compensation and Management Development Committee. He holds a Bachelor of Arts in economics from Harvard College. Mr. Shaich is the Founder, Chairman and Chief Executive Officer of Panera Bread Company, which established the high-growth fast-casual restaurant segment, as well as the Founder of Au Bon Pain, which established the bakery-cafe segment. He serves as President of the Panera Bread Foundation and spearheaded the Panera Cares initiative, through which the Foundation creates nonprofit community cafes aimed at addressing issues related to food insecurity. Mr. Shaich received a Bachelor of Arts degree from Clark University and a Master of Business Administration degree from Harvard Business School. He is also the recipient of an honorary Doctor of Humane Letters degree from Clark University. Ms. Sulzberger has served as a Principal of a diversified investment fund, Rustic Canyon/Fontis Partners, LP, since its inception in October 2005. In addition, Ms. Sulzberger served as Chief Financial Officer of the Villanueva Companies, a private holding company with diverse investment interests, from 2002 through 2005. Ms. Sulzberger also serves on the boards of directors of Teva Pharmaceutical Industries Ltd. and Brixmor Property Group Inc. Ms. Sulzberger served on the board of directors of Stage Stores, Inc. until June 2015. Ms. Coe serves as President of Google Marketing Solutions, overseeing the global mid-market and small advertiser business which serves millions of customers and agencies worldwide. Her teams include sales and support for this high-growth segment as well as acquisition of new advertisers and channel partners for AdWords. Prior to this role she served as Vice President Global Sales Operations and Strategy for Google's global business organization supporting the large client advertising sales, services and publisher businesses. Before joining Google in 2012, Mary Ellen was a Partner with McKinsey & Company from 2000-2012 serving leading consumer and retail companies and led the North America Consumer Marketing practice. Earlier in her career, she worked at the Leo Burnett Company on the Procter and Gamble beauty care portfolio, and worked in Product Management in the durable goods industry at Haworth. Ms. Coe completed graduate studies at the Kellogg School of Management at Northwestern University and completed her bachelor's degree from the University of Michigan. Founded in 1978 in Austin, Texas, Whole Foods Market is the leading natural and organic foods supermarket, the first national “Certified Organic” grocer, and uniquely positioned as America’s Healthiest Grocery Store™.  In fiscal year 2016, the Company had sales of approximately $16 billion and has more than 460 stores in the United States, Canada, and the United Kingdom.  Whole Foods Market employs approximately 87,000 team members and has been ranked for 20 consecutive years as one of the “100 Best Companies to Work For” in America by Fortune magazine.  For more information, please visit www.wholefoodsmarket.com or @wholefoods on Twitter.


Gabrielle Sulzberger Appointed New Chair of the Board; Mary Ellen Coe Appointed New Chair of Nominating & Governance Committee New Directors Provide Retail, Financial and Leadership Expertise and Track Records Creating Value for Shareholders AUSTIN, Texas, May 10, 2017 (GLOBE NEWSWIRE) -- Whole Foods Market, Inc. (NASDAQ:WFM) (“Whole Foods Market” or “the Company”) today announced a significant refreshment of its Board of Directors by appointing five new independent directors, effective immediately: Ken Hicks; Joe Mansueto; Sharon McCollam; Scott Powers; and Ron Shaich. The Company also announced that Gabrielle Sulzberger has been appointed the new Chair of the Whole Foods Market Board of Directors and Mary Ellen Coe has been appointed the new Chair of the Nominating & Governance Committee. Gabrielle Sulzberger has served as an independent director of the Company since 2003. Ms. Sulzberger’s years serving on public company boards and experience as a chief financial officer provide Whole Foods Market with financial, M&A and risk assessment expertise. Most recently and since December 2016, Ms. Sulzberger served as Chair of the Nominating & Governance Committee of the Whole Foods Market Board. Mary Ellen Coe joined the Whole Foods Market Board of Directors in November 2016 and has served on the Nominating & Governance Committee and has assisted Ms. Sulzberger throughout the Board refreshment process. As an executive at Google, Ms. Coe brings deep technology expertise in marketing, digital strategy and brand strategy. These appointments are part of Whole Food Market’s Board Succession and Development Plan, a robust refreshment process designed to help ensure that the Company’s Board has the best mix of skills and experience necessary to support Whole Foods Market’s leadership team in accelerating shareholder value creation. With these changes, the Whole Foods Market Board of Directors will comprise 12 directors, 10 of whom are independent and six of whom were added in the last seven months. The average tenure of the new Board will be seven years. The new Board includes nine directors who are current or former CEOs or CFOs and four female directors. Collectively, the Whole Foods Market Board brings a broad range of leadership, retail, technology, finance, risk management and M&A experience, as well as valuable shareholder perspective. “With today’s additions to the Board, and changes in our Board’s leadership, we are well positioned as we enter the next phase of our evolution,” said John Mackey, Co-Founder and Chief Executive Officer of Whole Foods Market. “We believe that we have the right plan – and the right team – to execute on our initiatives at an aggressive pace, deliver results and enhance value for our shareholders.” “The five new independent directors have distinguished track records as value creators and as experienced leaders,” said Gabrielle Sulzberger, Chair of the Whole Foods Market Board of Directors. “Our new directors join a Board that is focused on being responsive to our shareholders and is committed to achieving the significant opportunities ahead. Since becoming the Chair of the Nominating & Governance Committee, I have been leading the Board’s succession and development plans alongside my fellow directors. On behalf of the Whole Foods Market Board of Directors, I look forward to working with Ken, Joe, Sharon, Scott and Ron as we work to improve financial and operational performance, and deliver our value enhancement strategy.” Ms. Sulzberger continued, “On behalf of the Board, I want to thank the departing directors for their many contributions to Whole Foods Market over the years. The change that is underway would not have been possible without the leadership of these directors and their commitment to making Whole Foods Market what it is today. It is a testament to their service as directors that they chose to step down and make way for the new directors joining the Board. Each and every one of these departing directors has our deep gratitude and admiration.” Following the refreshment, the Whole Foods Market Board of Directors will include: Gabrielle Sulzberger, Chair of the Board; Mary Ellen Coe, Chair of the Nominating & Governance Committee; Shahid (Hass) Hassan, Chair of the Compensation Committee; Jonathan Seiffer, Chair of the Audit Committee; Ken Hicks; Stephanie Kugelman; John Mackey; Joe Mansueto; Sharon McCollam; Scott Powers; Walter Robb; and Ron Shaich. Accelerated Value Enhancement Plan and New CFO In separate press releases issued today, Whole Foods Market detailed its accelerated path to shareholder value creation and quarterly earnings and announced Keith Manbeck as its new Chief Financial Officer. Ken C. Hicks is the former Chairman, President and Chief Executive Officer of Foot Locker, a major athletic apparel retailer. Mr. Hicks has over 29 years of experience in the retail industry formerly serving as President and Chief Merchandising Officer of J.C. Penney from 2005 to 2009, as well as serving as a member of its Board of Directors from 2008 to 2009. From 2002 to 2004 he was J.C. Penney’s President and Chief Operating Officer of Stores and Merchandise Operations. Prior to joining J.C. Penney, Mr. Hicks was President of Payless ShoeSource. He is a graduate of the United States Military Academy and holds an M.B.A. from Harvard Business School. He has served on the Board of Directors of Avery Dennison Corporation since 2007. Joe Mansueto founded Morningstar in 1984 and became Executive Chairman in 2017. He has served as Chairman of the Board of Directors for the duration of his tenure, and as Chief Executive Officer from 1984 to 1996 and again from 2000 to 2016. He received the Distinguished Entrepreneurial Alumnus Award from the University of Chicago Booth School of Business in 2000. Before founding Morningstar, Mr. Mansueto was a securities analyst at Harris Associates. He holds a Bachelor’s Degree in business administration from the University of Chicago and a Masters of Business Administration from the University of Chicago Booth School of Business. He previously served as a Director of TransUnion Corp. Sharon L. McCollam most recently served as Executive Vice President, Chief Administrative Officer and Chief Financial Officer of Best Buy, from 2012 to 2017. In this role, Ms. McCollam has been broadly recognized as the co-pilot of the company's Renew Blue transformation. Ms. McCollam previously served as Executive Vice President, Chief Operating Officer and Chief Financial Officer of Williams-Sonoma, Inc. and in 2010 was appointed to the Board of Directors. She retired from the company in 2012. Prior to her time at Williams-Sonoma, Ms. McCollam served as Chief Financial Officer of Dole Fresh Vegetables Inc. from 1996 to 2000. She currently serves as a member of the Board of Directors of Hallmark Cards, Inc. Stitch Fix, Art.com, and Sutter Health. Ms. McCollam previously served on the Boards of Directors for Williams-Sonoma, Del Monte Foods and OfficeMax Incorporated. Ms. McCollam received a Bachelor of Science in accounting from the University of Central Oklahoma and is a Certified Public Accountant. Mr. Powers held leadership positions at State Street Corporation from 2008 to 2015, most recently as Executive Vice President of State Street Corp. and President and Chief Executive Officer of State Street Global Advisors. He previously served as President and Chief Executive Officer of Old Mutual USA and Old Mutual Asset Management from 2001 to 2008. He also held executive roles at Mellon Financial Corporation and Boston Company Asset Management. Mr. Powers is a member of the Board of Directors of Sun Life Financial, Inc., where he serves on the Governance, Nomination & Investment Committee and the Management Resources Committee. Mr. Powers is also a member of the Board of Directors of The PulteGroup, where he serves as a member of the Nominating and Governance Committee and the Compensation and Management Development Committee. He holds a Bachelor of Arts in economics from Harvard College. Mr. Shaich is the Founder, Chairman and Chief Executive Officer of Panera Bread Company, which established the high-growth fast-casual restaurant segment, as well as the Founder of Au Bon Pain, which established the bakery-cafe segment. He serves as President of the Panera Bread Foundation and spearheaded the Panera Cares initiative, through which the Foundation creates nonprofit community cafes aimed at addressing issues related to food insecurity. Mr. Shaich received a Bachelor of Arts degree from Clark University and a Master of Business Administration degree from Harvard Business School. He is also the recipient of an honorary Doctor of Humane Letters degree from Clark University. Ms. Sulzberger has served as a Principal of a diversified investment fund, Rustic Canyon/Fontis Partners, LP, since its inception in October 2005. In addition, Ms. Sulzberger served as Chief Financial Officer of the Villanueva Companies, a private holding company with diverse investment interests, from 2002 through 2005. Ms. Sulzberger also serves on the boards of directors of Teva Pharmaceutical Industries Ltd. and Brixmor Property Group Inc. Ms. Sulzberger served on the board of directors of Stage Stores, Inc. until June 2015. Ms. Coe serves as President of Google Marketing Solutions, overseeing the global mid-market and small advertiser business which serves millions of customers and agencies worldwide. Her teams include sales and support for this high-growth segment as well as acquisition of new advertisers and channel partners for AdWords. Prior to this role she served as Vice President Global Sales Operations and Strategy for Google's global business organization supporting the large client advertising sales, services and publisher businesses. Before joining Google in 2012, Mary Ellen was a Partner with McKinsey & Company from 2000-2012 serving leading consumer and retail companies and led the North America Consumer Marketing practice. Earlier in her career, she worked at the Leo Burnett Company on the Procter and Gamble beauty care portfolio, and worked in Product Management in the durable goods industry at Haworth. Ms. Coe completed graduate studies at the Kellogg School of Management at Northwestern University and completed her bachelor's degree from the University of Michigan. Founded in 1978 in Austin, Texas, Whole Foods Market is the leading natural and organic foods supermarket, the first national “Certified Organic” grocer, and uniquely positioned as America’s Healthiest Grocery Store™.  In fiscal year 2016, the Company had sales of approximately $16 billion and has more than 460 stores in the United States, Canada, and the United Kingdom.  Whole Foods Market employs approximately 87,000 team members and has been ranked for 20 consecutive years as one of the “100 Best Companies to Work For” in America by Fortune magazine.  For more information, please visit www.wholefoodsmarket.com or @wholefoods on Twitter.


Gabrielle Sulzberger Appointed New Chair of the Board; Mary Ellen Coe Appointed New Chair of Nominating & Governance Committee New Directors Provide Retail, Financial and Leadership Expertise and Track Records Creating Value for Shareholders AUSTIN, Texas, May 10, 2017 (GLOBE NEWSWIRE) -- Whole Foods Market, Inc. (NASDAQ:WFM) (“Whole Foods Market” or “the Company”) today announced a significant refreshment of its Board of Directors by appointing five new independent directors, effective immediately: Ken Hicks; Joe Mansueto; Sharon McCollam; Scott Powers; and Ron Shaich. The Company also announced that Gabrielle Sulzberger has been appointed the new Chair of the Whole Foods Market Board of Directors and Mary Ellen Coe has been appointed the new Chair of the Nominating & Governance Committee. Gabrielle Sulzberger has served as an independent director of the Company since 2003. Ms. Sulzberger’s years serving on public company boards and experience as a chief financial officer provide Whole Foods Market with financial, M&A and risk assessment expertise. Most recently and since December 2016, Ms. Sulzberger served as Chair of the Nominating & Governance Committee of the Whole Foods Market Board. Mary Ellen Coe joined the Whole Foods Market Board of Directors in November 2016 and has served on the Nominating & Governance Committee and has assisted Ms. Sulzberger throughout the Board refreshment process. As an executive at Google, Ms. Coe brings deep technology expertise in marketing, digital strategy and brand strategy. These appointments are part of Whole Food Market’s Board Succession and Development Plan, a robust refreshment process designed to help ensure that the Company’s Board has the best mix of skills and experience necessary to support Whole Foods Market’s leadership team in accelerating shareholder value creation. With these changes, the Whole Foods Market Board of Directors will comprise 12 directors, 10 of whom are independent and six of whom were added in the last seven months. The average tenure of the new Board will be seven years. The new Board includes nine directors who are current or former CEOs or CFOs and four female directors. Collectively, the Whole Foods Market Board brings a broad range of leadership, retail, technology, finance, risk management and M&A experience, as well as valuable shareholder perspective. “With today’s additions to the Board, and changes in our Board’s leadership, we are well positioned as we enter the next phase of our evolution,” said John Mackey, Co-Founder and Chief Executive Officer of Whole Foods Market. “We believe that we have the right plan – and the right team – to execute on our initiatives at an aggressive pace, deliver results and enhance value for our shareholders.” “The five new independent directors have distinguished track records as value creators and as experienced leaders,” said Gabrielle Sulzberger, Chair of the Whole Foods Market Board of Directors. “Our new directors join a Board that is focused on being responsive to our shareholders and is committed to achieving the significant opportunities ahead. Since becoming the Chair of the Nominating & Governance Committee, I have been leading the Board’s succession and development plans alongside my fellow directors. On behalf of the Whole Foods Market Board of Directors, I look forward to working with Ken, Joe, Sharon, Scott and Ron as we work to improve financial and operational performance, and deliver our value enhancement strategy.” Ms. Sulzberger continued, “On behalf of the Board, I want to thank the departing directors for their many contributions to Whole Foods Market over the years. The change that is underway would not have been possible without the leadership of these directors and their commitment to making Whole Foods Market what it is today. It is a testament to their service as directors that they chose to step down and make way for the new directors joining the Board. Each and every one of these departing directors has our deep gratitude and admiration.” Following the refreshment, the Whole Foods Market Board of Directors will include: Gabrielle Sulzberger, Chair of the Board; Mary Ellen Coe, Chair of the Nominating & Governance Committee; Shahid (Hass) Hassan, Chair of the Compensation Committee; Jonathan Seiffer, Chair of the Audit Committee; Ken Hicks; Stephanie Kugelman; John Mackey; Joe Mansueto; Sharon McCollam; Scott Powers; Walter Robb; and Ron Shaich. Accelerated Value Enhancement Plan and New CFO In separate press releases issued today, Whole Foods Market detailed its accelerated path to shareholder value creation and quarterly earnings and announced Keith Manbeck as its new Chief Financial Officer. Ken C. Hicks is the former Chairman, President and Chief Executive Officer of Foot Locker, a major athletic apparel retailer. Mr. Hicks has over 29 years of experience in the retail industry formerly serving as President and Chief Merchandising Officer of J.C. Penney from 2005 to 2009, as well as serving as a member of its Board of Directors from 2008 to 2009. From 2002 to 2004 he was J.C. Penney’s President and Chief Operating Officer of Stores and Merchandise Operations. Prior to joining J.C. Penney, Mr. Hicks was President of Payless ShoeSource. He is a graduate of the United States Military Academy and holds an M.B.A. from Harvard Business School. He has served on the Board of Directors of Avery Dennison Corporation since 2007. Joe Mansueto founded Morningstar in 1984 and became Executive Chairman in 2017. He has served as Chairman of the Board of Directors for the duration of his tenure, and as Chief Executive Officer from 1984 to 1996 and again from 2000 to 2016. He received the Distinguished Entrepreneurial Alumnus Award from the University of Chicago Booth School of Business in 2000. Before founding Morningstar, Mr. Mansueto was a securities analyst at Harris Associates. He holds a Bachelor’s Degree in business administration from the University of Chicago and a Masters of Business Administration from the University of Chicago Booth School of Business. He previously served as a Director of TransUnion Corp. Sharon L. McCollam most recently served as Executive Vice President, Chief Administrative Officer and Chief Financial Officer of Best Buy, from 2012 to 2017. In this role, Ms. McCollam has been broadly recognized as the co-pilot of the company's Renew Blue transformation. Ms. McCollam previously served as Executive Vice President, Chief Operating Officer and Chief Financial Officer of Williams-Sonoma, Inc. and in 2010 was appointed to the Board of Directors. She retired from the company in 2012. Prior to her time at Williams-Sonoma, Ms. McCollam served as Chief Financial Officer of Dole Fresh Vegetables Inc. from 1996 to 2000. She currently serves as a member of the Board of Directors of Hallmark Cards, Inc. Stitch Fix, Art.com, and Sutter Health. Ms. McCollam previously served on the Boards of Directors for Williams-Sonoma, Del Monte Foods and OfficeMax Incorporated. Ms. McCollam received a Bachelor of Science in accounting from the University of Central Oklahoma and is a Certified Public Accountant. Mr. Powers held leadership positions at State Street Corporation from 2008 to 2015, most recently as Executive Vice President of State Street Corp. and President and Chief Executive Officer of State Street Global Advisors. He previously served as President and Chief Executive Officer of Old Mutual USA and Old Mutual Asset Management from 2001 to 2008. He also held executive roles at Mellon Financial Corporation and Boston Company Asset Management. Mr. Powers is a member of the Board of Directors of Sun Life Financial, Inc., where he serves on the Governance, Nomination & Investment Committee and the Management Resources Committee. Mr. Powers is also a member of the Board of Directors of The PulteGroup, where he serves as a member of the Nominating and Governance Committee and the Compensation and Management Development Committee. He holds a Bachelor of Arts in economics from Harvard College. Mr. Shaich is the Founder, Chairman and Chief Executive Officer of Panera Bread Company, which established the high-growth fast-casual restaurant segment, as well as the Founder of Au Bon Pain, which established the bakery-cafe segment. He serves as President of the Panera Bread Foundation and spearheaded the Panera Cares initiative, through which the Foundation creates nonprofit community cafes aimed at addressing issues related to food insecurity. Mr. Shaich received a Bachelor of Arts degree from Clark University and a Master of Business Administration degree from Harvard Business School. He is also the recipient of an honorary Doctor of Humane Letters degree from Clark University. Ms. Sulzberger has served as a Principal of a diversified investment fund, Rustic Canyon/Fontis Partners, LP, since its inception in October 2005. In addition, Ms. Sulzberger served as Chief Financial Officer of the Villanueva Companies, a private holding company with diverse investment interests, from 2002 through 2005. Ms. Sulzberger also serves on the boards of directors of Teva Pharmaceutical Industries Ltd. and Brixmor Property Group Inc. Ms. Sulzberger served on the board of directors of Stage Stores, Inc. until June 2015. Ms. Coe serves as President of Google Marketing Solutions, overseeing the global mid-market and small advertiser business which serves millions of customers and agencies worldwide. Her teams include sales and support for this high-growth segment as well as acquisition of new advertisers and channel partners for AdWords. Prior to this role she served as Vice President Global Sales Operations and Strategy for Google's global business organization supporting the large client advertising sales, services and publisher businesses. Before joining Google in 2012, Mary Ellen was a Partner with McKinsey & Company from 2000-2012 serving leading consumer and retail companies and led the North America Consumer Marketing practice. Earlier in her career, she worked at the Leo Burnett Company on the Procter and Gamble beauty care portfolio, and worked in Product Management in the durable goods industry at Haworth. Ms. Coe completed graduate studies at the Kellogg School of Management at Northwestern University and completed her bachelor's degree from the University of Michigan. Founded in 1978 in Austin, Texas, Whole Foods Market is the leading natural and organic foods supermarket, the first national “Certified Organic” grocer, and uniquely positioned as America’s Healthiest Grocery Store™.  In fiscal year 2016, the Company had sales of approximately $16 billion and has more than 460 stores in the United States, Canada, and the United Kingdom.  Whole Foods Market employs approximately 87,000 team members and has been ranked for 20 consecutive years as one of the “100 Best Companies to Work For” in America by Fortune magazine.  For more information, please visit www.wholefoodsmarket.com or @wholefoods on Twitter.

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