Steven L. Spinner has been the CEO of United Natural Foods, Inc. (UNFI) since 2008, bringing over a decade of leadership experience in the food industry. Before joining UNFI, he played key roles in Performance Food Group, helping it grow...
Steven L. Spinner has been the CEO of United Natural Foods, Inc. (UNFI) since 2008, bringing over a decade of leadership experience in the food industry. Before joining UNFI, he played key roles in Performance Food Group, helping it grow significantly until its acquisition in 2008. Spinner holds a Bachelor's degree in Business Administration and embodies a practical approach to executive management. Under his guidance, UNFI has focused on increasing its market share and enhancing its operational efficiency, responding to the growing demand for organic and natural foods. Interestingly, in 2022, he received a total compensation of approximately $7.3 million when he retired, mostly due to severance payments rather than performance-based bonuses or stock grants, indicating a unique conclusion to his leadership role. His insider trading activity shows significant engagement with UNFI's stock, peaking at a $10 million transaction in April 2021, reflecting both confidence and a significant investment in the company. Spinner’s journey reflects the interplay of strategic decision-making and market dynamics in business, emphasizing the need for adaptability in a changing industry landscape.