Sprouts Farmers Market announced the newest addition of Joel Anderson to its Board of Directors.
“It is an honor to welcome Joel to our Board of Directors,” said Jack Sinclair, CEO and Director of Sprouts Farmers Market. “Joel’s deep experience as a high-growth retail executive at companies of scale will be extremely valuable to our board as we continue to develop our strategy for long-term growth and value creation.”
Anderson currently serves as President, CEO and Direct of Five Below, a leading high-growth value retailer offering trend-right, high-quality products. Prior to joining Five Below, Anderson served as President and CEO of Walmart from 2011 to 2014, and as Divisional SVP of the Northern Plains division of Walmart from 2010 to 2011.
Sprouts concurrently announced that Steve Townsend has stepped down from the board.
“Steve has served on the Sprouts board since 2013, and we extend our gratitude and appreciation for his contributions,” said Joseph Fortunato, Chairman of the Sprouts Board of Directors.