Grocery Outlet’s Board Gets Some New Blood
Grocery Outlet Holding Corp. said Tuesday that two members of its board have resigned, and that the CEO of the maker of Purell hand sanitizer had joined that group.
The discounter said that Matthew B. Eisen, principal at Hellman & Friedman, and Sameer Nearing, a partner at Hellman & Friedman, have left the company’s board of directors. The departures follow recent moves by the private equity firm to reduce its ownership position in Grocery Outlet.
Carey Jaros works as president and CEO of GOJO Industries, a manufacturer of hand hygiene and surface disinfecting products and the maker of Purell brand hand sanitizer.
Jaros joined GOJO Industries in 2014 as a board director, and served as the company’s chief operating officer and chief strategy officer prior to becoming CEO. She also serves as a board member of ACRT Inc., a high-growth middle-market service provider to public utilities, where she is a member of the compensation and strategy committees.
Jaros has been a board member and advisor to more than a half-dozen early stage companies, including education-tech startup Wisr and personal care startup Aunt Flow. Before joining GOJO industries, she served as president of Walnut Ridge Strategic Management. She was also a vice president at Dealer Tire, where she held P&L, strategy and finance leadership roles. As well, she spent more than a decade as a consultant at Bain & Co., where she specialized in developing and delivering on growth strategies with consumer products and retail clients.
“We are delighted to welcome Carey to the board of Grocery Outlet,” said Erik Ragatz, Grocery Outlet’s board chairman. “Carey has proven herself as an outstanding leader and strategist across a number of retail and consumer businesses and I am confident that she will be a terrific addition to the board. We look forward to her insights, contributions and energy.”
Earlier this summer, Grocery Outlet Holding Corp. said it was accelerating talent and operational initiatives to drive long-term growth and shareholder value after posting yet another impressive fiscal quarter.