Past President of Trader Joe’s, Founder of Daily Table, and CEO of Conscious Capitalism
Doug Rauch spent 31 years with Trader Joe’s Company, the last 14 years as a president, helping grow the business from a small, nine-store chain in Southern California in 1977, to a nationally acclaimed retail success story. He developed their prized buying philosophy, created their unique private label food program, and wrote and executed the business plan for expanding Trader Joe’s nationally. In 1995, Rauch was promoted to the new position of president, Trader Joe’s East (to compliment the new position of president, Trader Joe’s West). Executing on the business plan for expansion, he brought Trader Joe’s to the East Coast, with the first stores opening in Brookline and Cambridge in June 1996. During the next 12 years, he grew the business into the mid-Atlantic, Midwest, and the South, expanding to more than 100 locations in 18 states. In 2006, he was promoted to the new national position of Trader Joe’s president. He also championed the very successful Trader Joe’s University program for developing the crew, and he was instrumental in promoting their renowned customer experience. He retired from Trader Joe’s in 2008.
Rauch was a senior fellow at Harvard’s Advanced Leadership Initiative from 2010–2012 where he worked on ways to tackle the issue of hunger/obesity and wasted food in America. As a result of this fellowship, he founded Daily Table, a new retail concept designed to bring affordable nutrition to the food insecure in our cities through utilizing the excess, wholesome food that would otherwise be wasted at growers, manufacturers, distributors, and retailers. Daily Table opened June 4, 2015, in Dorchester, MA. It offers both “grab-n-go” meals freshly prepared in a kitchen onsite as well as a variety of healthy grocery items (produce, dairy, bakery, etc.) all at prices that make nutrition affordable to all. All items in the store also meet a strict nutritional guideline prepared by a consortium of the top Med-Ed community in Boston, making Daily Table not only the most affordable food market in New England, but the healthiest. Daily Table also will provide a free teaching kitchen for both children and adults.
Rauch also is: the CEO of Conscious Capitalism Inc., a nonprofit dedicated to elevating humanity through business; a trustee at F.W. Olin College of Engineering; on the board of overseers at WBUR; and serves on the board of several for-profit and nonprofit companies.
He earned his Executive MBA from the Peter Drucker School of Management, Claremont University, where he won several honorary awards including the Early Career Outstanding Entrepreneur Award from Peter Drucker.