Giant Eagle's Chief Operating Officer John Lucot Sets Retirement Date
PITTSBURGH, PA – 42 years of service to Giant Eagle is soon to come to a close for President and Chief Operating Officer, John Lucot, who has just announced his intent to retire this upcoming June 30th. Beginning his career in 1974 as a Supermarket Clerk, Lucot has risen to be a key member of the senior leadership team responsible for launching the company’s Market District banner, fuelperks! customer loyalty program, and more.
“The fact that I have spent my entire career with Giant Eagle is a testament to the compassionate spirit and commitment to the personal growth of others that is at the core of our wonderful organization,” said Lucot in a statement, explaining that the part of his career he will miss the most is serving his tens of thousands of team members and millions of customers.
“Throughout this difficult decision-making process, my belief in the strength and positive direction of the company has eased my mind as I begin spending less time with my Giant Eagle family, and more with my wife and children,” he added.
Since January 2012, Lucot has served in his current role, rising from other executive positions in distribution, retail development, real estate, and operations. According to the company, Lucot has been an instrumental part of developing several sectors of Giant Eagle’s business, including:
- Giant Eagle’s GetGo chain
- Real estate operations
- Independent operations
- Investing hundreds of millions of dollars in capital reimbursement
- Entering Giant Eagle into new markets
- Launching the Market District banner
- Launching fuelperks! customer loyalty initiative
- Enhancing Giant Eagle’s Own Brands program
Chief Executive Officer Laura Karet will assume Lucot’s Chief Operating Officer responsibilities moving forward, and had this to share about his contribution to the company, “John’s value to Giant Eagle is immeasurable. In addition to his expertise, steadfast leadership and competitive and fiery spirit, the profound and positive impact he has had on the lives of our Team Members cannot be understated.”
Congratulations to John Lucot and his 42 years as a key member of the retail grocery industry, and happy travels into the future!