Drug chain names new finance chief

Fred's named Jason Jenne as executive VP and CFO. He will replace outgoing CFO Rick Hans, who is leaving to pursue other opportunities. Hans will stay onboard as an advisor until August 18, to ensure a smooth transition.



Jenne, a certified public accountant with more than 25 years’ experience in finance and operations, joined Fred’s in September 2016 as senior VP finance. Prior to that, he was president and CEO of golf shaft manufacturer True Temper Sports. During his 18-year tenure at True Temper Sports, he held such titles as CFO and COO.



During his time at Fred’s, Jenne has been an integral part of the company’s new healthcare strategy implementation and other efforts.



“Jason is an integral member of our leadership team and over the past year he and I have worked closely together as we navigated the proposed Rite Aid transaction, implemented a new healthcare strategy and pursued additional growth opportunities for Fred’s Pharmacy," Fred’s CEO Mike Bloom said. "As we execute our plan, Jason’s strategic insight and financial expertise will be invaluable in our ongoing efforts to improve performance and create shareholder value.”