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Associated Wholesale Grocers, Inc. (AWG) yesterday announced that its president and CEO, David Smith, will retire at the end of 2023.

Dan Funk, AWG's COO, will assume the office upon Smith's retirement. 

From the announcement:

"Smith joined AWG in 2003 and became president and CEO in 2015. Smith has focused solely on independent supermarket operators' development and success throughout his career. He is in his 48th year in the industry and 36th year of service in wholesale.

"During his time with AWG, he has seen the cooperative and membership grow from a Midwest company with 1,200 stores and three Divisions with sales of $3.2B to a sprawling central US company with retail sales exceeding $24B and wholesale sales exceeding $11B."

Funk, ther company says, "started his career with AWG as president of Valu Merchandisers Company (VMC) in October 2012. After two years leading the AWG subsidiary, he assumed the SVP of the Center Store role. In December 2015, Funk became EVP and chief merchandising and marketing officer. In January 2019, he became AWG's first-ever chief supply chain and merchandising officer, and in 2020 became the COO of AWG."

Full disclosure:  AWG is a longtime and valued MNB sponsor.