Trader Joe's CEO Announces Retirement

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 more than 25 years, the last 22 as the Chairman and CEO. During that period, the company has grown to be a national chain of 543 neighborhood grocery stores in 42 states, plus Washington, DC. Dan has championed...

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