Wakefern is a retailer-owned cooperative and the wholesale, merchandising and distribution arm for ShopRite and PriceRite supermarkets located in the Northeast.
For more than four decades, Janeway has provided leadership in the food distribution business. He joined Wakefern in 1966 as a junior accountant in the frozen food division. He progressed through numerous procurement and management positions, including vice president of the frozen food and dairy-deli divisions. In 1987 he was promoted to group vice president and a few years later named executive vice president at Wakefern, before assuming the helm as its president and chief operating officer in 1995.
Janeway says the key to business is the people, no matter what the trends are in the industry. Others in the industry have noted that Janeway’s commitment to the highest standard has translated many family businesses into successful and profitable organizations. He is credited with bringing innovation and creativity to the food distribution industry.
Wakefern was recognized in 2010 as an outstanding employer by the New Jersey Business and Industry Association for starting a program to promote a culture of health and wellness among its employees.
Janeway currently serves on the board of directors of Insure-Rite, Ltd. He served on the board of directors and is past president of both the Eastern Frosted Foods Association and the Eastern Dairy-Deli Association. He served two terms on the board of directors of the National Grocers Association, including two years as its chairman.
Janeway was honored in 2009 by the Special Olympics of New Jersey for his long-time support for the program. He serves on the board of directors of the University of Medicine and Dentistry of New Jersey Health Foundation and is chairman of the finance committee.
The Herbert Hoover award was introduced in 1961, inspired by industry and government campaigns that President Hoover led to deliver food relief to victims of the Boxer Rebellion, World War I and Great Depression. Janeway is the 56th person to receive this award.
The FMI Midwinter Executive Conference is the industry’s education and networking event for top executives of retail, wholesale and supplier companies representing the entire scope of the food and grocery products industry. The conference focuses on the major challenges and opportunities for the food industry.
Food Marketing Institute (FMI) conducts programs in public affairs, food safety, research, education and industry relations on behalf of its 1,500 member companies — food retailers and wholesalers — in the United States and around the world. FMI’s U.S. members operate approximately 26,000 retail food stores and 14,000 pharmacies. Their combined annual sales volume of $680 billion represents three-quarters of all retail food store sales in the United States. FMI’s retail membership is composed of large multi-store chains, regional firms and independent supermarkets. Its international membership includes 200 companies from more than 50 countries. FMI’s associate members include the supplier partners of its retail and wholesale members.
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