READING, Pa. — Paving the way for the next generation of family leadership at Redner’s Markets, Richard Redner has stepped down as president and CEO of the retailer and is being succeeded by his son Ryan Redner.
Ryan Redner assumed the role of Redner’s Markets president and CEO from his father immediately, with the approval of the Reading-based retailer’s board of directors. His promotion comes nearly a month after the passing of his grandfather Earl Redner, the founder of Redner’s Markets.
"I felt it was time for the next generation to begin to take over," said Richard Redner. "I and the board have full confidence in Ryan's ability to provide leadership for our company as we take the next steps into building a strong third generation of family in leadership positions."
As president and CEO, Ryan Redner will oversee Redner's Warehouse Markets, Redner's Quick Shoppes and the company's corporate office and warehouses, as well as the organization's 4,700-plus associates and employee-owners.
Ryan Redner first became involved in the family business during his college years, taking on a variety of roles in Redner’s Markets stores and warehouses. Upon graduating college in 1999, he took over the post of director of direct store operations. In 2004, he was promoted to the board of directors. He became chief operating officer in 2007.
Although Richard Redner has appointed his son to take over for him as president and CEO, he will remain an active part of Redner’s Markets. Not only will he continue to serve as chairman of the board of directors, but he has also assumed the role of senior vice president of strategic planning.
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