Chief Executive, 99 Cents Only Stores
THE LATEST: Sinclair was named chief executive of Commerce-based 99 Cents Only Stores in February 2018, and in August he brought on former Starbucks executive Ashok Walia as chief financial officer.
BACKGROUND: Sinclair joined 99 Cents Only Stores in 2015 as chief merchandising and marketing officer after leading Walmart Inc.’s grocery business for seven years. He was promoted to the top job when former Chief Executive Geoffrey Covert retired. The company was founded in 1982 and has close to 400 stores across California, Texas, Arizona and Nevada. A native of Glasgow, Scotland, Sinclair spent 14 years at Safeway Stores Ltd. in London overseeing operations, merchandising and marketing. He holds a bachelor’s degree from the University of Strathclyde in Glasgow.
WORTH NOTING: Sinclair is on the board of trustees at Westmont College in Santa Barbara where his daughter studied.
YEARS ON THE LA500: 2
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