ASHWAUBENON, WI (WTAQ) - A local retailer is starting the search for a new Chief Executive Officer after the current executive leaves to pursue other opportunities.
Shopko announced that CEO Paul Jones has left the company, according to a news release.
“We appreciate the many contributions Paul Jones has made to Shopko during the past five years and wish him nothing but the best,” said Scott King, Senior Managing Director of Sun Capital Partners, a leading private investment firm whose affiliate owns Ashwaubenon-based Shopko. “A national search is under way to select a new leader for the Company.”
Shopko named Mike Bettiga as interim CEO. Bettiga had been COO.
“In the meantime, we are delighted to have Mike Bettiga, an experienced retail executive, serve as Interim CEO,” King added. “With the support of an outstanding management team, the Board and I have every confidence that Shopko will continue on its successful path forward. Mike has over 35 years of experience in the retail industry and served as a senior executive for many of those years. His leadership skills and industry knowledge will serve our customers and employees well during this interim period.”
Bettiga began his career with Shopko as a pharmacist in 1977. He has held a number of positions during his tenure with the Company, including executive leadership of store, pharmacy and optical operations; retail health merchandising; and responsibility for the Shopko Express stores. In 2009, Mike was promoted to Executive Vice President and Chief Operating Officer, where his responsibilities included leading all retail health divisions, store operations, legal, real estate, corporate projects and business development.
“I am grateful for the opportunity to serve as Interim CEO for Shopko, a company that I have been an integral part of for most of my professional career,” said Bettiga. “We have ambitious plans for the future, including the continued roll-out of the Shopko Hometown concept and I look forward to leading the team on that effort and our other growth initiatives.”
Shopko operates 350 stores in 22 states.