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Trader Joe's CEO Dan Bane, who has been CEO for 22 years, will retire as of July 2, the company has announced. COO Bryan Palbaum, who has been with Trader Joe's for more than 20 years, will take over as CEO starting July 2. "We are thankful for Dan's leadership over the past 22 years," Palbaum said in a statement.


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May 16, 2023 at 11:07 AM EDT. By Nicole Silberstein. Dan Bane, Chairman and CEO of Trader Joe's, will retire after more than two decades in the post at the end of the company's fiscal year on July 2, 2023. Current President and COO Bryan Palbaum will take over as Chairman and CEO at that time, and current President of Stores Jon Basalone.


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MONROVIA, Calif., May 15, 2023 /PRNewswire/ — Dan Bane, Chairman and Chief Executive Officer of Trader Joe's BB #:162286, will retire effective July 2, 2023 (the company's Fiscal Year End).At that time, Bryan Palbaum will become the Chairman and Chief Executive Officer and Jon Basalone will be promoted to Vice CEO and President of Trader Joe's Company.


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MONROVIA, CA - Stop the presses! We just received word that a new Trader Joe's Chief Executive Officer will be taking the helm. It was announced this morning that Bryan Palbaum will step up as Chairman and CEO following the retirement of Dan Bane on July 2, 2023. "We are thankful for Dan's leadership over the past 22 years.


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Bryan Palbaum has been with Trader Joe's Company for more than 20 years. For the last 10 years Bryan has been the company's President and Chief Operations Officer. Jon Basalone has been with the company for more than 33 years, starting as a store Crew Member in Southern California. Most recently Jon has been President of Stores.


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A retirement was announced earlier this week from Trader Joe's, as Dan Bane will be stepping down from his role as Chief Executive Officer. Bryan Palbaum will be succeeding Bane as Chairman and CEO, and Jon Basalone will be taking on the titles of Vice CEO and President."We are thankful for Dan's leadership over the past 22 years. Jon and I look forward to working with all


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Trader Joe's Chairman and CEO Dan Bane is retiring from the grocer after 22 years in the top role, the company announced Monday morning. Bryan Palbaum, the grocer's president and chief operations officer, will take over on July 2, when Bane's retirement takes effect. Jon Basalone, Trader Joe's president of stores, will be promoted to.


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Bryan Palbaum to Take the Helm at Trader Joe's as Long-Time CEO Retires - Retail TouchPoints https://www.retailtouchpoints.com


Trader Joe CEO Dan Bane retiring, Bryan Palbaum will take the lead

Education. Bryan Palbaum has a Bachelor of Science in Accounting from California State University - Long Beach. They have also studied at California State University - Long Beach : Mike Hopkins - Amazon. Ernesto Quinteros - Johnson & Johnson. Steve de Baca - Philips.


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The company has named Bryan Palbaum as Bane's successor. Palbaum will take over as chairman and CEO on July 2, 2023, with Jon Basalone stepping up to become vice CEO and president of Trader Joe's Company. Prior to this appointment, Palbaum spent 10 years as the company's president and chief operations officer, while Basalone started out as.


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5/15/2023. Trader Joe's current COO is set to take over the role of chairman and CEO, effective July 2. Effective July 2, and in line with the end of the company's fiscal year, Trader Joe's CEO and Chairman Dan Bane will retire from his position. Bryan Palbaum, current president and COO, will become the chairman and CEO, with Jon Basalone.


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He will be succeeded by current president and COO Bryan Palbaum. Trader Joe's more than tripled its store count during Bane's tenure and now operates 543 locations across 42 states.


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Dan Bane, Chairman and Chief Executive Officer of Trader Joe's, will retire effective July 2, 2023 (the company's Fiscal Year End). At that time, Bryan Palbaum will become the Chairman and Chief Executive Officer and Jon Basalone will be promoted to Vice CEO and President of Trader Joe's Company. Dan Bane has been with the company for.


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Bryan Palbaum has been with Trader Joe's Company for more than 20 years. For the last 10 years Bryan has been the company's President and Chief Operations Officer.


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Forbes used stock prices from September 3, 2021 to calculate net worths for the list. Leading the newcomers, with a $30.4 billion fortune, is Miriam Adelson, wife of the late casino mogul Sheldon.