John Lederer was appointed President and Chief Executive Officer, US Foods in September 2010. Previously, he was Chairman and Chief Executive Officer of Duane Reade, a New York based pharmacy retailer with more than 250 stores and $1.8 billion in revenue. He led a major transformation of Duane Reade to create the best urban drugstore format in America, which ultimately culminated in the strategic sale of the company to Walgreens Co. in the first quarter of 2010 at an industry leading multiple.
Lederer also enjoyed a highly successful 30-year-career at Loblaw Companies Limited, Canada’s largest food distributor. He served in a variety of senior leadership positions including President from 2000 to 2006 where he was responsible for the successful pursuit of its strategic, operational and financial objectives. Under his leadership, annual sales increased from C$20 billion to C$27 billion and Loblaw Companies achieved and maintained market share leadership in every region of Canada. Lederer was responsible for the operation, performance, innovation and growth of national and regional businesses, banners and divisions. The company grew President’s Choice into one of Canada’s leading organic and general merchandise food brands and expanded it into the financial services market and other areas.
Between 1976 and 2000, Lederer made a number of important contributions including the creation and launch of the No Frills division in Ontario, laying the foundation for what has become Canada’s strongest discount banners and one of the most successful food retail business models in North America. During a four-year period Lederer was also simultaneously responsible for three of the company’s four regional operations. In that role he significantly expanded annual sales revenue and operating income, grew market share leadership, and managed the integration of the acquisition of Provigo Inc.
Lederer is a member of the board of directors of Tim Hortons Inc., Canada’s largest quick service restaurant chain, and a former director of the Food Marketing Institute. Lederer earned a Bachelor of Arts degree in Economics from York University. He currently resides in Chicago while spending time with his family in Toronto. |
US Foods, Inc. - Headquarters
Print
