PCC Community Markets CEO to Retire in January; Search for Replacement Underway

PCC Community Markets on Wednesday announced that President and CEO Krishnan “Krish” Srinivasan plans to retire effective Jan. 29, 2027, after guiding the Seattle-based food cooperative through significant financial and operational challenges to a healthy position today.

Srinivasan, who joined PCC as chief financial officer in mid-2018 before becoming CEO in January 2022, will continue leading PCC while its board of trustees conducts a national search for his successor. He will work closely with the board during the search now underway and with the incoming leader during onboarding to ensure a seamless handoff, while advancing key strategic initiatives, including the opening of PCC’s 17th store in Seattle’s Madison Valley, PCC said in a news release. That store is targeted for a fall opening.

PCC’s 16 existing locations include Bellevue, Bothell, Edmonds, Issaquah, Kirkland, and Redmond.

“This decision comes after a lot of personal reflection and thought,” Srinivasan said in the release. “For more than eight years, PCC has been where my passion and my sense of purpose found equal voice. It has been a uniquely special experience to do what I enjoy with an extraordinary team of people in service of a mission that truly moves us all.”

Srinivasan said he has long known this would be his last full-time role.

“I am making this decision now because our co-op is very well positioned for its next chapter, and I am personally ready to pass the reins on — and to spend more time with family and loved ones in my own life’s next chapter,” he added.

Srinivasan became CEO during one of the most difficult periods in the co-op’s history. Retail and food industries nationwide were navigating the lasting effects of the pandemic, from rising costs to supply-chain disruptions, and PCC faced big challenges. Under his leadership, PCC’s membership more than doubled since he joined the leadership team as CFO; two rounds of collective bargaining resulted in industry-leading benefits and compensation packages for unionized staff members; and the co-op returned to a path of long-term economic stability, positioning PCC for continued success, the release said.

In 2025, PCC delivered strong financial results, generating $487.8 million in net sales — an 8.4% increase year over year, and almost $2.4 million in net income, according to the 2025 Co-op Purpose Report. When Srinivasan took over in January 2022, PCC was coming off a year when it reported $398 million in net sales and net income of $181,602 after significant expenses.

At the time, Srinivasan called 2021 among the most challenging periods in the co-op’s history. PCC, founded in 1953, is now in its 73rd year. It has more than 125,000 members, up from roughly 60,000 in 2017, before Srinivasan’s arrival.

“Krish has been exactly the CEO that PCC Community Markets needed,” PCC board Chair Joe Rogoff said in a statement. “He brought strong financial acumen, inspired confidence, and crafted a strategic vision. He stabilized our financial foundation, re-engaged members, and made the difficult decisions necessary for the future of the co-op. His authenticity and transparency engaged all of our stakeholders, and while we wish him well in retirement, we are very sorry to see him go.”

Before joining PCC, Srinivasan held leadership positions at Microsoft, Amazon, Lyft, and Remitly.