Grady Rosier is planning to retire as president and CEO of McLane Company, which provides grocery and foodservice supply chain services.
The company said Rosier’s retirement takes effect Aug. 28.
Rosier has worked for McLane for more than 36 years, and has held the title of president and CEO for the last 25 years. His influence elevated McLane to its position as a world-class leader in supply chain services for the grocery and foodservice industries, the company maintained. During Rosier’s tenure, McLane has experienced market share growth and annual revenue increases from less than $6 billion to more than $50 billion. Its grocery division expanded from convenience stores to other classes of trade, including drug stores, mass market retailers, warehouse clubs, value stores, supermarkets, and alcoholic beverage distribution.
Rosier also was instrumental in the sale of McLane from Walmart to Berkshire Hathaway in 2003, and he led the charge for a new foodservice division servicing QSR, fast casual, and casual restaurants that quickly became one of the largest in the industry.
“McLane is not just a company to me,” Rosier said. “It has been my passion, and the people at McLane are my family.”
Prior to joining McLane, Rosier spent more than a decade in various executive roles in the convenience channel. Before that, he had six years of honorable service in the United States Marine Corps and several more in the reserves. He was inducted into the Texas Business Hall of Fame in 2015, and currently serves on the board of directors of NVR and NuStar Energy.
Tony Frankenberger will assume leadership of McLane as president and CEO on Aug. 28, while maintaining his responsibilities as president of McLane Grocery, a $33 billion business unit providing supply chain solutions to more than 70,000 retailer locations. Frankenberger has worked for McLane for more than 35 years. Shortly after he concluded his service with the United States Air Force in 1985, Frankenberger began his career with McLane as a washer, fueler, and mechanic in the transportation department and worked his way up in the company.
“I have personally known Tony for more than 30 years and feel this is a tremendous opportunity for him to continue building the sustainability and growth of McLane into the future,” Rosier concluded. “He is an exceptional leader with a track record of operational excellence, building high-performance teams, and extraordinary customer service.”
McLane said Frankenberger’s rise through the ranks and commitment to company values and beliefs will pave his way to success in the new role.
“I am thrilled for Grady, and I wish him nothing but health and happiness in this new chapter of his life,” Frankenberger said. “I am honored to follow in his footsteps at an incredible company with outstanding teammates.”
