NEW YORK — Independent grocery chain Associated Food Holdings here on Tuesday said that Stuart Stoller has been appointed chief financial officer.
Stoller has more than 35 years of experience in strategy, finance, accounting, capital markets, systems and operations. Prior to joining Associated, Stoller was the CFO and chief administrative officer of Sleep Innovations, a foam products company. He previously was a senior vice president at the New York Times and was senior vice president, chief accounting officer and corporate controller at Macy’s. Stoller began his career as an auditor in the Deloitte New York audit practice.
Stoller will report to Associated’s co-chief executive officers Harry Laufer and Ira Gober.
“Stu is a valuable addition to our management team,” Andy Unanue, chairman of Associated and managing partner of AUA Private Equity Partners, said in a statement. AUA completed a recapitalization at Associated earlier this year. “He has extensive finance, accounting and managerial experience that will help us navigate our growth plans. Additionally, he will help us further improve our financing and reporting processes to become even more efficient across our business lines as well as identify operating opportunities.”
“I am pleased to have Stu join our team," Gober added. “I have been impressed with how our partners at AUA continue to build the foundation for future success at Associated and welcome Stuart’s experience as a seasoned financial officer.”
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