By Katherine Hamilton
Grocery Outlet Holding said Wednesday it appointed Christopher Miller as its new chief financial officer.
Miller, 64, is expected to take the role on Jan. 6 and succeed Lindsay Gray, who has been serving as interim financial chief.
Gray would return to her role as accounting chief. She had been named as interim financial chief after Charles Bracher stepped down in March following about a decade in the role.
Miller previously served as financial chief at Shamrock Foods, a food service distributor in Phoenix, since January 2023. Before that, he worked at Core-Mark Holding.
The company said it plans to give Miller a salary of $550,000 and a signing bonus of $100,000, which would both be prorated from the day he begins his job. He would be eligible for a cash bonus with a target of 60% of his base salary. He is also eligible for annual equity grants.
Bracher's total compensation for 2023 was $2.2 million, according to an annual filing.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
December 18, 2024 17:20 ET (22:20 GMT)
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