Richard Schnieders - United Natural Insider

UNFI -- USA Stock  

USD 44.78  0.84  1.91%

Independent Director
Mr. Richard J. Schnieders is an Independent Director of United Natural Foods Inc. since February 2 2012. Mr. Schnieders has served as a member of the Board since February 2012. Mr. Schnieders is a member of the Audit Committee and the Nominating and Governance Committee. Mr. Schnieders served as a director of Sysco Corporationrationration from July 1997 through June 2009 including as executive Chairman of the Board from January 2003 through June 2009. Mr. Schnieders also previously served as Sysco Chief Executive Officer from January 2003 through March 2009. Prior to that role Mr. Schnieders served as Sysco Chief Operating Officer beginning in January 2000 and as President beginning in July 2000 each through December 2002. Mr. Schnieders also served as President from July 2005 until he stepped down from that position on July 1 2007. Since 2009 Mr. Schnieders has focused on sustainable solutions that increase access to fresh food provide nutritional education and empower local communities and recently cofounded a new venture to provide healthy affordable food to underserved communities. Mr. Schnieders experience including as Chief Executive Officer of Sysco allows him to provide the Board essential insight and guidance into the operations of another wholesale food distributor. In addition his recent work on sustainability and food quality help the Board maintain its focus on our core values including our sustainability goals.
Age: 64  Director Since 2012      

Management Efficiency

The company has return on total asset (ROA) of 5.28 % which means that it generated profit of $5.28 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 9.98 % meaning that it created $9.98 on every $100 dollars invested by stockholders.
The company currently holds 482.16 M in liabilities with Debt to Equity (D/E) ratio of 26.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. United Natural Foods has Current Ratio of 2.54 suggesting that it is liquid enough and is able to pay its financial obligations when they are due.

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Entity Summary

United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the United States and Canada. United Natural Foods, Inc. was founded in 1976 and is headquartered in Providence, Rhode Island. United Natural operates under Food Distribution classification in USA and traded on NASDAQ. It employs 9700 people.United Natural Foods (UNFI) is traded on NASDAQ in USA. It is located in 313 Iron Horse Way and employs 9,700 people.

United Natural Foods Leadership Team

Michael Zechmeister, CFO
Michael Funk, Chairman
John Hummel, President
Danielle Benedict, President
Eric Artz, Director
Craig Smith, President
Thomas Dziki, President
Sean Griffin, COO
Paul Green, President
James Heffernan, Director
Peter Roy, Director
Eric Dorne, SVP
Bates Torre, Director
Gail Graham, Director
Richard Schnieders, Director
Christopher Testa, President
Steven Spinner, CEO
Denise Clark, Director
Joseph Traficanti, SVP
Ann Bates, Director
Donald McIntyre, SVP
Daphne Dufresne, Director

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