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Retirement prompts exec's promotion at Stater Bros. Markets

Stater Bros. Markets announced the promotion of Michael Reed to the position of senior vice president real estate and development.jggu

This promotion is due to the retirement of Stater Bros. Vice President of Construction and Maintenance Scott Limbacher, who recently retired with over 44 years of service with the company. This promotion also reflects Reed’s proven leadership and his outstanding contributions to the company’s expansion efforts.

In this new position, Reed will report directly to Stater Bros. President George Frahm.

“Mike is a well-respected and valuable member of our Stater Bros. family,” said Frahm.  “His proven leadership and deep knowledge of the retail real estate and commercial development environment will continue to be instrumental to the Company’s success.”

Reed brings more than 18 years of retail real estate and development experience to his new position, and has nearly five years of service with Stater Bros. Markets.  He joined the company in 2014 as senior director of real estate.  In 2016, he was promoted to vice president real estate, overseeing the company’s real estate and property management divisions. Reed will continue to oversee these areas of the company, and in his new role, he will now also oversee the company’s refrigeration and maintenance departments, in addition to Stater Bros.’ in-house construction company, Stater Bros. Development Inc.

Reed graduated from Boise State University with a bachelor's degree in business administration-finance. In addition, he sits on the board of directors for the Air Conditioning Contractors Association and is a trustee for the Inland Refrigeration and Air Conditioning Trust Fund.  Reed is also a member of the International Council of Shopping Centers.