Company Press Release
Coborn’s , Inc. has hired Jim Shaw as Chief Financial Officer (CFO) effective June 13, 2016, reporting to President, CEO and Chairman of the Board Chris Coborn. As CFO, Shaw will direct and oversee all aspects of the company’s financial operations, IT and loss control.
Shaw has spent the last 25 years earning and honing his senior financial skills. He has significant experience in aligning finance groups to support critical company objectives; leveraging technology to build sustainable, efficient processes; and navigating capital markets, mergers and acquisitions, and treasury management.
Most recently, Shaw spent 12 years at Donaldson Company, where he worked in several financial roles, including Chief Financial Officer, Chief Finance Compliance Officer, Corporate Controller, and Internal Audit Director. Prior to that, he spent 13 years in public accounting for Deloitte, Arthur Andersen, and Schreier, Kosbab, Cornell, Kahler.
Shaw has a Bachelor of Science degree in Accounting from St. John’s University. His well-rounded experience spanning all areas of finance and accounting offers a wealth of expertise that will benefit Coborn’s as the company moves into the future.
About Coborn’s, Inc.
St. Cloud, Minn.-based Coborn’s, Inc. is a 95-year-old employee-owned grocery retailer with approximately 8,000 employees and 55 stores across Minnesota, North Dakota, South Dakota, Iowa, Illinois and Wisconsin under the Coborn’s, Cash Wise Foods, Marketplace Foods and Save-A-Lot banners. Coborn’s, Inc. also owns CobornsDelivers, an online grocery ordering and home delivery service; and stand-alone convenience, liquor, video and pharmacy locations. To support its 120 retail locations, Coborn’s, Inc. operates its own central bakery, gluten-free bakery, dry cleaning facility and grocery distribution center.
In 2010, Coborn’s, Inc. was recognized as ‘Family Business of the Year for Community Service and Philanthropy’ by Minnesota Business magazine. In 2011, Coborn’s, Inc. was recognized as ‘Independent Retailer of the Year’ by Grocery Headquarters magazine. In 2014, Chris Coborn, was named Grocer of the Year by the N.D. Grocers Association. In 2016, the National Grocers Association (NGA) honored Coborn with the Thomas F. Wenning Pinnacle PAC Award for his help with advancing the role and presence of the independent grocer and NGA in government and political affairs.
