Sprouts Farmers Market, Inc. announced a planned leadership transition effective January 4, 2027, with current president and chief operating officer Nick Konat becoming chief executive officer and joining the board of directors, while Jack Sinclair, CEO since 2019, will transition to executive chairman. The company said the succession plan follows a comprehensive board search, and Sinclair expressed confidence in Konat, who joined Sprouts in 2022 and played a central role in shaping strategy. Joe Fortunato, current chairman, will become lead independent director on the same date. Konat previously held leadership roles at Petco, Target, and Accenture, and Sprouts operates more than 480 stores in 25 states with approximately 36,000 team members.
Sprouts Farmers Market LLCSprouts announced a planned CEO succession (Konat replacing Sinclair, who becomes executive chairman) with no stated financial or operational impact.
