United Natural Foods Appoints Mario Maffie as Chief Information Officer

Rhea-AI Summary

UNFI appoints Mario Maffie as Chief Information Officer (CIO)

Positive

• Maffie brings over 20 years of experience in technology and digital strategy
• Maffie has expertise in data analytics, automation, and digital transformation

Negative

• None.

Maffie brings to UNFI tremendous experience in technology and digital strategy and executional excellence garnered during more than 20 years with Mars Incorporated

PROVIDENCE, R.I.--(BUSINESS WIRE)-- United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) today announced the appointment of Mario Maffie to the position of Chief Information Officer (CIO). Maffie will lead the Company’s Information Technology (IT) team, oversee critical network systems integration work, and help accelerate the use of data and insights in support of UNFI’s customers and suppliers. He begins in this new role on October 2, 2023, and will report to Erin Horvath, UNFI’s Chief Operating Officer (COO).

Mario Maffie joins UNFI as its new Chief Information Officer (CIO). (Photo: Business Wire)

Maffie joins UNFI after having spent the past 24 years in roles of increasing responsibility at Mars Incorporated, a privately held American multinational manufacturer known for its confectionery, pet food, and other food products and animal care services. He most recently served as Mars’ Corporate Chief Information Officer since 2018, where he oversaw technology for corporate functions, including HR, Procurement, Finance, Legal, and others, as well as global technology capabilities like master data management, reporting and integration services and platforms, automation, supply chain and global ERP.

“Our Information Technology team, the backbone of our operations, is currently engaged in network and systems integration work that is critical to the success of our business and the Transformation we have undertaken,” said Horvath, COO. “Over the past 20+ years, Mario has been at the forefront of helping Mars harness the power of data, analytics, and automation, ensuring that Mars continually evolved its technology through new platforms and modern capabilities, including AI-based programs, and digital transformation initiatives. He brings a wealth of experience in strategy development and execution and is known for nurturing the talent of tomorrow. We’re excited for Mario to join our team and look forward to the positive contributions he will make in this leadership position.”

Maffie’s tenure at Mars includes a series of important senior leadership roles within the technology team. Prior to his CIO appointment, he served as Senior Director, Technology Strategy & Execution (2016-2018) and from 2010 to 2016 in director roles supporting Global Technology Transformation (2014-2016) and End User Technologies (2010-2014). In 2010, he also served on the integration team responsible for bringing together Mars and Wrigley, which achieved the successful harmonization of the data center, network, infrastructure, service desk, and IT organization. He has experience launching global master data platform with SAP MDG as well as leading the first global deployment at Mars of predictive AI-based financial performance products.

About UNFI

UNFI is North America's premier grocery wholesaler delivering the widest variety of fresh, branded, and owned brand products to more than 30,000 locations throughout North America, including natural product superstores, independent retailers, conventional supermarket chains, ecommerce providers, and food service customers. UNFI also provides a broad range of value-added services and segmented marketing expertise, including proprietary technology, data, market insights, and shelf management to help customers and suppliers build their businesses and brands. As the largest full-service grocery partner in North America, UNFI is committed to building a food system that is better for all and is uniquely positioned to deliver great food, more choices, and fresh thinking to customers. To learn more about how UNFI is Fueling the Future of Food, visit www.unfi.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the Company’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and uncertainties which could impact these statements include those described in the Company’s filings under the Securities Exchange Act of 1934, as amended, including its annual report on Form 10-K for the year ended July 30, 2022 filed with the Securities and Exchange Commission (the “SEC”) on September 27, 2022 and other filings the Company makes with the SEC. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company is not undertaking to update any information contained in this press release to reflect subsequently occurring events or circumstances. Any estimates of future results of operations are based on a number of assumptions, many of which are outside the Company’s control and should not be construed in any manner as a guarantee that such results will in fact occur. These estimates are subject to change and could differ materially from final reported results.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230907910634/en/

For UNFI Investors:

Kristyn Farahmand

401-213-2160 kristyn.farahmand@unfi.com

-or-

Steve Bloomquist

952-828-4144 steve.j.bloomquist@unfi.com



For Media:

UNFI

Charles Davis

+1 (215) 539-1696

charles.davis2@unfi.com

Source: United Natural Foods, Inc.