Board of Directors
Michael J. Hayes
Chairman of the Board of fred's Michael J. Hayes was elected as director of the Company in January 1987 and has been a Managing Director of the Company since October 1989. Mr. Hayes served as Chief Executive Officer from October 1989 through January 2009. He was previously employed by Oppenheimer & Company, Inc. in various capacities from 1976 to 1985, including Managing Director and Executive Vice President - Corporate Finance and Financial Services.
Bruce A. Efird
Mr. Efird began with fred's in late September of 2007 as President and was recently promoted as the new CEO effective February 2009. Mr. Efird was the Executive Vice President of Merchandising for Meijer, Inc. (a retail supercenter with 180 stores in over five states) from 2005 to 2008. Prior thereto, Mr. Efird worked at Bruno's Supermarkets, Inc. for over eight years where his last position held was Executive Vice President/General Manager. Mr. Efird began his 25 years of retail experience with Food Lion, Inc. where he held a number of positions throughout his 13 years.
John R. Eisenman
John R. Eisenman is involved in real estate investment. Mr. Eisenman has been engaged in commercial and industrial real estate brokerage and development since 1983. Previously, he founded and served as President of Sally's, a chain of fast food restaurants, from 1976 to 1983, and prior thereto held various management positions in manufacturing and in securities brokerage. Mr. Eisenman has served as a director since the Company's initial public offering in March 1992.
Steven R. Fitzpatrick
Steven R. Fitzpatrick was the President of Accredo Health Group, Inc., a specialty pharmacy subsidiary of Medco Health Solutions, Inc., a position he held until he retired in June 2011. Mr. Fitzpatrick joined Accredo in 2001 as President of its subsidiary, Sunrise Health Management, Inc., and was named President of Accredo Therapeutics, Inc. in February 2002. With the acquisition of Accredo by Medco Health Solutions, Inc. in August 2005, Mr. Fitzpatrick assumed responsibility for both Accredo Therapeutics and Accredo Specialty Care Services (formerly Medco Specialty Solutions). In March 2006, Mr. Fitzpatrick became Chief Operating Officer of Accredo Health Group and was named President in June 2008. Prior to joining Accredo, Mr. Fitzpatrick held senior management positions with Abbott Laboratories, Block Medical, PharmaThera and Nations Healthcare.
Roger T. Knox
Roger T. Knox has served the Memphis Zoological Society as its President and Chief Executive Officer since January 1989. Mr. Knox was the President and Chief Operating Officer of Goldsmith's Department Stores, Inc. (a full-line department store in Memphis and Jackson, Tennessee) from 1983 to 1989 and its Chairman of the Board and Chief Executive Officer from 1987 to 1989. Prior thereto, Mr. Knox was with Foley's Department Stores in Houston, Texas for 20 years. Mr. Knox has served as a director since the Company's initial public offering in March 1992. Additionally, Mr. Knox is a director of Hancock Fabrics, Inc.
Michael T. McMillan
Michael T. McMillan, named to the Company's Board in February 2007, currently serves as Director of Franchise Development for Pepsi-Cola North America, a Division of PepsiCo, where he has spent the last 22 years in various roles including marketing, sales, franchise development, and general management of its bottling operations.
B. Mary McNabb
Mary McNabb, named to the Board in April 2005, is the former Chief Executive Officer of Kid's Outlet in California. Ms. McNabb was formerly an executive vice president and director of The Mowbray Group, a California-based retail consulting firm that specializes in problem-solving, cost reductions, importing, and inventory management. Before that, she was executive vice president of merchandising and marketing for Factory 2-U, vice president of sourcing for S-Q of California, and West Coast manager/buyer for One Price Clothing, Inc.
Thomas J. Tashjian
Thomas J. Tashjian is now a private investor. Between 1996 and 2001, Mr. Tashjian served as a managing director and consumer group leader at Banc of America Montgomery Securities in San Francisco, where he provided the firm's views on the retailing industry. Prior to that, he held similar positions at First Manhattan Company, Seidler Companies, and Prudential Securities. His earlier retail operating experience was in discount retailing at the Ayrway Stores, which were acquired by Target, and in the restaurant business at Noble Roman's.
Michael J. Hayes
Bruce A. Efird
President & Chief Executive Officer
Jerry A. Shore
Executive Vice President, Chief Financial Officer and Chief Operating Officer
Rick A. Chambers
Executive Vice President - Pharmacy Operations
Executive Vice President - Corporate Services, Distribution and Transportation
Executive Vice President - Store Operations
Mark C. Dely
Senior Vice President, Chief Legal Officer, General Counsel and Assistant Secretary
Charles S. Vail