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ALDI strengthens senior management team 08 March 2016

Has aggressive goals in the US

ALDI Inc. has announced that Brent Laubaugh, vice president, Saxonburg division, has been promoted to co-president of ALDI in the US, joining David Behm and ChuckYoungstrom, who continue in their roles as co-presidents. All three co-presidents report to Jason Hart, CEO, ALDI.

Laubaugh, whose promotion is effective March 28, 2016, has been with ALDI for more than 20 years, holding a variety of roles of increasing responsibility throughout his career.

ALDI is in the midst of its accelerated expansion plan that, by the end of 2018, will bring fresh, high quality groceries at everyday low prices to more than 45 million customers each month.

To reach its aggressive goals, ALDI will create more than 10,000 new jobs at its stores, warehouses and division offices from coast to coast and invest more than $3 billion to pay for land, facilities and equipment. When completed, ALDI will have nearly 2,000 stores, marking a close to 50 percent increase in only five years.