Save A Lot Appoints Retail Executive Cathy Skula to Board of Directors

January 11, 2023 at 13:08 PM EST

Moran Foods, LLC (Save A Lot) today announced that Cathy Skula has been appointed to the Company’s Board of Directors as an Independent Director, effective immediately.

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(Photo courtesy of Cathy Skula)

Ms. Skula, who currently serves as Operating Partner of Riverside, a global investment firm, brings to the board more than 30 years’ experience in retail. Prior to joining Riverside, she spent the majority of her career in various roles with Rent-A-Center, including serving as President and CEO of Rent-A-Center Franchising International, the Company’s wholly owned franchise subsidiary. There she grew the number of locations from 200 to more than 500, earning the #2 spot on Entrepreneur magazine’s list of “Best New Franchises.” Ms. Skula’s other executive roles with Rent-A-Center include tenure as Executive Vice President and Chief Development Officer as well as Division Vice President of Operations.

“Cathy is an outstanding leader with a demonstrated record of driving growth,” said Leon Bergmann, Chief Executive Officer, Save A Lot. “Her deep expertise in retail for the value-seeking customer, along with her understanding of the complex dynamics of independent operators, aligns very well with our brand. I have no doubt she will be invaluable to our team as we progress through the next phase of our transformation.”

“We are delighted to welcome Cathy to our Board of Directors,” said Justin Shaw, Chairman of the Board. “As we work to bring more diverse perspectives to the team, Cathy’s skill set will enhance the operational acumen and depth of our board. Her insight and ability to partner with independent retailers, both current and potential, to drive profitable growth will be an important asset as we continue to execute against our strategic plan.”

About Save A Lot

Founded in 1977, Save A Lot is one of the largest discount grocery store chains in the U.S., with more than 850 stores in 32 states. True to its mission of being a hometown grocer, Save A Lot provides unmatched quality and value to local families. Customers enjoy significant savings compared to traditional grocery stores on great tasting, high quality private label brands, national brand products, USDA-inspected meat, farm-fresh fruits and vegetables, and other non-food items. For more information visit www.SaveALot.com and follow Save A Lot on Facebook (facebook.com/savealot), Twitter (@savealot), and Instagram or TikTok (@SaveALotFoodStores), or for more information on becoming a Save A Lot independent retail operator, visit ownasavealot.com.