Schnucks Names New CEO

Schnuck Markets Inc. has a new man at the top — but it’s still a family affair.

CEO Scott Schnuck, 63, is passing the reins to younger brother Todd Schnuck, the company said Thursday.

Todd Schnuck, 55, who has served as COO of the $2.6 billion grocery chain since 2009, will become president and CEO in March. Scott Schnuck will become chairman and will work with his younger brother through September to ensure a smooth transition. Older brother Craig Schnuck, 65, who was CEO for 17 years until 2006, will retire and become chairman emeritus.

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