A company statement released Thursday stated that Lisa Swartzman will take over as interim CEO. It did not state why Keelor has left his position.
Ken Keelor will no longer be CEO of Calgary Co-op, a company release has stated.
It is unclear why Keelor has left his position.
“The Board of Directors thanks departing CEO Ken Keelor for his dedication and commitment,” the statement reads. “Ken successfully led the organization the past 10 years through these major acquisitions, while also negotiating new supplier partners for both grocery and fuel.”
The statement described Swartzman as a “seasoned senior executive with significant finance experience and a background in consumer products, retail, industrial products, healthcare and manufacturing.”
She will hold the position until a new CEO is found, which the statement adds will occur within the next year.
Keelor was appointed CEO of the retailer in November 2014, following a stint as a Sobeys executive.
“Customers have a lot of choice. They don’t have to come to your store. Location is still the No. 1 reason they pick a store, but they’ll tell you why they don’t like it — even if it’s close to home,” he said.
More to come.