PARSIPPANY, NJ - Kings Food Markets and Balducci’s Food Lover’s Market announced plans to add to their executive team last week; the company appointed Jim Moriarty to the role of Chief Financial Officer.
Moriarty brings more than 18 years of experience in finance and accounting to his new role—including eleven years at Walmart.
Moriarty spent the past eleven years working for Walmart in the Northeast division, and in his most recent role, he supported Finance and Strategy for Walmart Operations and acted as divisional CFO. Among his various positions at Walmart, Moriarty also served as Senior Director Operations Finance and Strategy supporting Consumables and Health & Wellness. Prior to that, he spent seven years with Sears Holding Company as a Senior Manager for Channel Strategy and Performance and as a Senior Financial Manager of Corporate Planning.
In his new position, Moriarty will be responsible for overseeing the Finance and Accounting teams as well as Loss Prevention for Kings and Balducci’s.
“It is with great pleasure that we welcome Jim Moriarty to our management team,” said Judy Spires, Chairman and CEO of Kings and Balducci’s, in a press release. “With his wealth of experience in the retail industry, his leadership will be invaluable as we continue to grow and expand the Kings Food Markets and Balducci’s Food Lover’s Market brands.”
A former member of the US Army National Guard, Moriarty holds two master’s degrees from Northwestern University—one MS in information technology and another in strategy and management. He is currently in the process of earning his third master’s in predictive analytics and is pursuing the Chartered Financial Analyst designation. He received his MBA and BBA from the University of Iowa.
We at AndNowUKnow wish Moriarty and the Kings/Balducci’s team all the best in their future endeavors.