Fred’s Inc. has named Joseph Anto as evp/chief financial officer, effective immediately.
Anto succeeds Jason Jenne, who is leaving the company. Jenne will remain in an advisory capacity until February 26 and will continue to work closely with Anto to ensure a smooth transition, company officials said.
Anto brings more than 15 years of finance, M&A and business development experience to Fred’s. Previously, he served as svp/strategy and M&A at MediaNews Group, Inc., one of the largest newspaper companies in the U.S., where he has served in various capacities since 2013. He will be responsible for leading Fred’s in its financial and risk management, information technology and real estate strategy.