Executive succeeds Jack Brown in position
SAN BERNARDINO, Calif. — Stater Bros. Markets vice chairman Phillip Smith has been chosen to serve as chairman. He succeeds executive chairman Jack Brown, who died recently.
“I am honored to have been elected to the position of chairman of the board of Stater Bros. Markets,” Smith said. “I knew Jack for over 40 years and worked closely with him at three different companies. I learned a great deal from Jack’s mentorship and feel privileged to carry on the values and traditions Jack established while ensuring the company remains competitive in the Southern California supermarket industry.”
Smith joined Stater Bros. in 1987 as the company’s controller. He was promoted in 1998 to vice president-controller, and in 2000 he was promoted to vice president-controller and chief accounting officer. In November of 2000, he was promoted to senior vice president, chief financial officer, and chief accounting officer, and in 2006 he was promoted to executive vice president finance, chief financial officer and chief accounting officer.
Prior to joining Stater Bros., Smith served as vice president and chief financial officer at Market Basket Food Stores in East Texas from 1984 to 1987. Before that, from 1975 to 1984, he served as vice president and controller for various divisions of Cullum Cos. in Dallas.
“Given Jack’s unwavering trust in Phil and long history of working together both within and outside of Stater Bros., I welcome and look forward to Phil’s mentorship and direction,” Stater Bros. president and chief executive officer Pete Van Helden said.
Smith was also elected chairman, president and CEO of Stater Bros. Holdings Inc., the parent company of Stater Bros. Markets.