Sprouts Farmers Market, Inc. Elects Not to Renew the Term of Mr. Brandon Lombardi's Employment Agreement as Chief Legal Officer
January 22, 2021 at 10:20 pm
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On January 20, 2021, Sprouts Farmers Market, Inc. provided notice to Brandon Lombardi, the company's Chief Legal Officer, that the Company had elected not to renew the term of Mr. Lombardi's employment agreement, as amended for an additional one-year term pursuant to the terms of the Agreement. Upon the expiration of the Agreement's current term on January 23, 2021, as with the company's other executive officers, Mr. Lombardi will be employed on an at-will basis, and he will continue to serve in his capacity as the company's Chief Legal Officer under substantially the same compensatory terms as contained in the Agreement.
Sprouts Farmers Market, Inc. is a specialty natural and organic food retailer. The Company offers a specialty grocery experience featuring an open layout with fresh produce at the heart of the store. It offers products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. The Company curates its product mix to differentiate fresh, natural and organic foods and healthier options throughout all of its departments. It categorizes the varieties of products it sells as perishable and non-perishable. Its perishable product categories include produce, meat and meat alternatives, seafood, deli, bakery, floral and dairy and dairy alternatives. Its non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. The Company operates approximately 407 stores in 23 states.