By Staff Reports
(Victor Valley)– Stater Bros. Markets, the largest privately owned supermarket chain in Southern California, is pleased to announce the promotion of Michael Reed to the position of Senior Vice President Real Estate and Development for Stater Bros. Markets.
This promotion is due to the retirement of Stater Bros. Vice President of Construction and Maintenance, Scott Limbacher who recently retired with over 44 years of service to Stater Bros. Markets. This promotion also reflects Reed’s proven leadership, his outstanding contributions to the Company’s expansion efforts, and demonstrates Stater Bros. commitment to continued growth.
In this new position, Reed will report directly to Stater Bros. President George Frahm.
“Mike is a well-respected and valuable member of our Stater Bros. ‘Family’,” said Frahm. “His proven leadership and deep knowledge of the retail real estate and commercial development environment will continue to be instrumental to the Company’s success,” Frahm added.
Reed brings more than 18 years of retail real estate and development experience to his new position, and has nearly five years of service with Stater Bros. Markets. He joined the Company in 2014 as Senior Director – Real Estate. In 2016, he was promoted to Vice President Real Estate, overseeing the Company’s Real Estate and Property Management Divisions. Reed will continue to oversee these areas of the Company, and in his new role, he will now also oversee the Company’s Refrigeration and Maintenance departments, in addition to Stater Bros.’ in-house construction company, Stater Bros. Development, Inc.
Reed graduated from Boise State University with a Bachelor of Business Administration Degree in Finance. In addition, he sits on the Board of Directors for the Air Conditioning Contractors Association and is a trustee for the Inland Refrigeration and Air Conditioning Trust Fund. Reed is also a member of the International Council of Shopping Centers.
About Stater Bros. Markets:
Stater Bros. Markets was founded in 1936 in Yucaipa, California, and has grown steadily through the years to become the largest privately owned supermarket chain in Southern California. The Company currently operates 172 supermarkets, and there are approximately 17,000 members of the Stater Bros. Supermarket Family. Since 2008, Stater Bros. Markets and Stater Bros. Charities have contributed more than $80 million in food and funds to local Southern California communities. In addition, Stater Bros. Markets recently received The Press Enterprise 2018 Reader’s Choice Awardfor Best Grocery Store. For more information about Stater Bros. Markets, visit www.staterbros.com.