Michael S. Funk, born in 1963, has been a key figure at United Natural Foods, Inc. (UNFI) since its early days, becoming its CEO in 1999. Funk holds a Bachelor's degree in Business Administration and has a deep background in...

Michael S. Funk, born in 1963, has been a key figure at United Natural Foods, Inc. (UNFI) since its early days, becoming its CEO in 1999. Funk holds a Bachelor's degree in Business Administration and has a deep background in the food industry, especially with natural and organic products. He started as an executive at Mountain People's Warehouse in 1976, which later became a part of UNFI. Interestingly, Funk had a significant portion of his wealth tied up in UNFI shares, peaking substantially over the years before the company's stock value fluctuated. In recent years, he has engaged in notable insider selling, indicating strong financial movements within the company. His total compensation has seen ups and downs, reflecting changes in his role and the company's performance, like in 2018 when he earned around $489,750, most of which was from stock that vested. His expertise in steering UNFI through various market conditions has helped shape the natural food distribution sector. Funk's leadership approach is rooted in aligning executive incentives with company performance, ensuring that he stays focused on UNFI's growth and success amid the competitive landscape of food distribution.