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Wild Oats Hires Exec

Sam Martin comes over from ShopKo.
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Wild Oats Markets (OATS) named Sam Martin senior vice president of operations.

The Boulder, Colo., natural and organic foods retailer said Martin, 49, was senior vice president of supply chain and corporate vice president of logistics for ShopKo Stores in Green Bay, Wis., a 140-store chain of multidepartment retail stores. Martin was also regional vice president for Toys "R" Us and a longtime exec at Fred Meyer Stores, a leading grocery and general merchandise retailer in the Pacific Northwest.

"We are confident that Sam will be a great fit for our Company and our unique culture," said CEO Perry Odak. "With his deep operations experience, we welcome his insights on how to further improve our operations and enhance the experience customers have in our stores."

The company said it created an individual equity incentive plan for Martin that reserves for issuance of 100,000 shares at a strike price of $12.19. A quarter of the shares vest on the first anniversary of the creation of the plan, and monthly thereafter over 36 months.

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Early Monday, Wild Oats rose 17 cents to $12.40.