ST. LOUIS, MO - Schnuck Markets has brought in a new leader to push forward its retail operations, tapping David A. Peacock, former President of Anheuser-Busch, as its new President and Chief Operating Officer.
"This is a tremendous company and opportunity. Our teammates are focused on serving customers, delivering quality products, and making Schnucks the best grocery shopping experience in the region,” Peacock explained upon his appointment. “I am excited to work with Todd and his management team more directly on continuous improvement and innovation that will assure industry leadership, customer service, and community support for the long-term.”
As President and COO, Peacock will be managing procurement/merchandising, operations, marketing/communications, and supply chain, according to a press release. Peacock’s experience stems greatly from his management of U.S. operations at Anheuser-Busch, which he joined in 1992. In 2007, he was named Vice President of Marketing for the company, where he was tasked with leading the revitalization of its marketing approach. From 2008 through early 2012 as President, Peacock was a key part Anheuser-Busch's commercial success of during its integration with InBev in the United States. In 2008, he led negotiations for the company during its merger with InBev. This was the largest all-cash transaction in history at the time, Schnucks reports.
“Dave’s entrepreneurial spirit, vision, and drive, along with his extensive business background will help us set a strong course for the future,” said Todd Schnuck, Chairman and CEO. “His counsel and leadership on our company’s Advisory Board have been instrumental in positioning Schnucks for growth. Further, his commitment to St. Louis and the region is aligned with Schnucks’ commitment to superior customer experience and community support. Dave also has strong values and a leadership style that will fit well within the Schnucks’ culture.”
Peacock has served on the Schnucks advisory board since 2013. The Schnuck Market empire currently consists of 100 stores in five states, operating with 14,000 teammates.
