UNFI Overhauls Top Leadership: Tarditi Steps Up as COO, Luchini Joins as CFO, and Bushway Plans Exit
UNFI has more than doubled off its 52-week low of $22.12.
Summary
UNFI announced a leadership shake-up: CFO Tarditi becomes COO, Louis Martin is named Chief Commercial Officer, and Alfredo Luchini joins as CFO with a multi-million-dollar compensation package. Supply chain head Mark Bushway will depart in early 2027.
Key Events · Executive and Board Changes · UNFI
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CFO Tarditi Promoted to COO
Giorgio Matteo Tarditi, currently President and CFO, becomes President and COO effective August 3, 2026. His base salary rises to $890,000 and his long-term incentive target increases to $2,625,000.
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New CFO Hired with Rich Package
Alfredo Luchini, 42, joins from Carrier Global as CFO on August 10, 2026. He receives an $800,000 salary, a $2 million annual equity target, a $1.5 million sign-on RSU grant vesting over three years, and a $150,000 cash sign-on bonus.
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Supply Chain Chief to Depart
Mark Bushway, President of Natural, Organic, Specialty & Fresh Products and Chief Supply Chain Officer, will leave the company on January 1, 2027, after 23 years. He will receive severance benefits under the Executive Severance Plan.
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Commercial Leadership Realigned
Louis Martin, currently President of Conventional Grocery Products and UNFI Chief Commercial Officer, is named Chief Commercial Officer with a sharper focus on commercial strategy and capabilities.
Analysis · UNFI · Trade & Services
United Natural Foods is overhauling its top leadership to sharpen commercial and operational execution. Current President and CFO Matteo Tarditi moves to President and COO, with a salary bump to $890,000 and a long-term incentive target of $2.625 million. Louis Martin becomes Chief Commercial Officer. The company is bringing in Alfredo Luchini from Carrier as the new CFO, offering an $800,000 salary, a $2 million annual equity target, a $1.5 million sign-on RSU grant, and a $150,000 cash bonus. Meanwhile, supply chain chief Mark Bushway will exit in January 2027, triggering severance. The restructuring follows a strong Q3 and aims to accelerate the value-creation strategy, but the departure of a 23-year veteran and the cost of the new CFO package warrant attention.
At the time of this filing, UNFI was trading at $47.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2.9B. The 52-week trading range was $22.12 to $57.02. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.