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At Barron's

Whole Foods' Co-Founder on Amazon, Trader Joe's, and His New Book

At Barron's

At Barron's

Business

4.717 Ratings

🗓️ 1 August 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

Whole Foods co-founder and former CEO John Mackey also discussed his last year with the supermarket chain. This interview was recorded on May 22, 2024.

Transcript

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0:00.0

Hello everyone and welcome to At Bairns. I'm Andy Surwer. And welcome to our guest, John Mackie,

0:09.9

co-founder of Whole Foods, author, entrepreneur. John, it's great to see you. Thank you so much for

0:15.6

joining us. Thanks for inviting me here today, Andy. So you have a new book out. We're going to talk about

0:20.3

that.

0:21.2

But I want to ask you a little bit about Whole Foods.

0:23.3

You sold the company to Amazon in 2017.

0:26.3

What have you been doing since then?

0:29.3

Well, the first five years, I stayed with the company as the CEO and worked on the transition,

0:35.8

you know, because you have two pretty large companies, you have to fit them together culturally.

0:41.5

If the founder and longtime CEO is there telling everybody, reassuring everybody that it's a good idea, things go better.

0:49.6

And that's what I did.

0:51.9

And the last year, though, of the five, I had already announced that I was going to

0:56.1

retire and we gave sort of like I gave a year's notice so that my successor, Jason Beackel,

1:02.6

would have a year of kind of running the ship with me there kind of watching him run the ship

1:06.9

and also toured the whole company.

1:10.1

And basically thanked everybody, said said goodbye I said goodbye to

1:13.5

thousands and thousands of team members it was very very heartfelt I felt really loved and appreciated

1:19.2

I had a really good long goodbye and now over the last couple of years I've co-founded another company called Love Life with several

1:29.6

people from Whole Foods that were my longtime executives like Walter Rob and Betsy Foster

1:34.2

that had worked with me for Whole Foods for decades.

1:37.2

And it's kind of a one-stop holistic health wellness club.

1:42.4

That's the best way I can put it, because it has a combination of

...

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