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United Natural Foods, Inc. Message Board

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  • wooglin_kai wooglin_kai Dec 13, 2005 12:14 PM Flag

    CEO had job offer

    I perceive a huge difference from being president, ceo and chairman to being on the board of a company. Excluding open market purchases of STKL, I don't see how Townsend will benefit financially from being on the board of STKL! Sure, he may get a few options and a few bucks for being on the board, but I wouldn't think he was seduced from running UNFI to becoming on the board of STKL...heck lots of execs are on other company boards.
    But...what will the future bring? Maybe Townsend is just getting started with STKL by being a board memeber. I'm long both UNFI and STKL. Not sure if Townsend's departure is a big deal for UNFI, but I do see his involvement with STKL, a few meetings a year perhaps, to be a plus for STKL.

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