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Giant Eagle's President and COO John Lucot Sets Retirement Date

Giant Eagle's President and COO John Lucot Sets Retirement Date

Tuesday, May 17th, 2016

After 42 years of service, President and Chief Operating Officer, John Lucot, has announced his intent to retire this upcoming June 30th. Having begun his career in 1974 as a Supermarket Clerk, Lucot has since become a key member of the senior leadership team responsible for launching the company’s Market District banner, fuelperks! customer loyalty program, and more.

John Lucot, President and Chief Operating Officer, Giant Eagle“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, adding that the part of his career he will miss the most is serving his many team members and 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 continued.

Giant Eagle

Lucot has served in his current role since January of 2012,  after serving in executive positions that include distribution, retail development, real estate, and operations departments. 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

Laura Karet, Chief Executive Officer, Giant EagleMoving forward, Chief Executive Officer Laura Karet will assume Lucot’s Chief Operating Officer responsibilities as Chief Operating Officer, 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.”

Here's to John Lucot for his 42 years as a key member of the retail grocery industry, and happy travels into the future!

Giant Eagle