Delhaize Group : Roland Smith recruited as Chief Executive Officer of Delhaize America
(Thomson Reuters ONE) -
BRUSSELS, Belgium, August 29, 2012, Delhaize Group (Euronext Brussels: DELB,
NYSE: DEG), the Belgian international food retailer, announced today that it has
recruited Roland Smith as President and Chief Executive Officer of Delhaize
America and Executive Vice President of Delhaize Group, effective October
15, 2012. Mr. Smith will succeed Ronald C. Hodge who has been with the company
33 years and will remain with Delhaize America in an advisory role to ensure a
smooth transition before retiring later this year.
Mr. Smith, 57, brings exceptional experience and a strong track record to
Delhaize Group. Most recently, he served as President and CEO of The Wendy's
Company and, prior to that, as President and CEO of Wendy's / Arby's Group, Inc.
In previous roles Mr. Smith has also served as CEO of Triarc Companies, Inc.,
Arby's Restaurant Group, Inc., American Golf Corporation and National Golf
Properties and AMF Bowling Worldwide, Inc. Mr. Smith is currently a Director of
The Wendy's Company and Chairman of the Board of Directors for Carmike Cinemas,
Inc., a national trustee of the Boys & Girls Clubs of America, a national
executive board member of the Boy Scouts of America and a member of the World
Presidents' Organization International.
Pierre-Olivier Beckers, President and CEO of Delhaize Group, said, "We are
delighted that Roland will become the next CEO of Delhaize America and look
forward to welcoming him to our company. He is a seasoned leader with a proven
track record of managing large consumer businesses, reenergizing brands and
driving top and bottom-line growth. We are confident his background and
experience will serve to strengthen and accelerate the ongoing transformation of
our business in the U.S."
Mr. Smith said, "I am very excited to join Delhaize Group and have the
opportunity to lead Delhaize America. This organization has a rich history,
strong brand identity and a team that is focused on delivering value to its
customers. I am looking forward to helping Delhaize America navigate through the
challenges currently facing the industry and positioning our business for
further growth."
Mr. Hodge will retire after 33 years in various senior leadership roles with
Delhaize Group. Prior to his current role, Mr. Hodge served as Chief Executive
Officer of Delhaize America Operations and as Executive Vice President and Chief
Executive Officer of Hannaford. He joined Hannaford in 1980 and was promoted
through a number of increasingly senior roles, ultimately becoming President of
Hannaford in December 2000 and Chief Executive Officer in 2001.
Mr. Beckers added, "Together with the Board of Directors and senior management
of Delhaize Group, I want to thank Ron for his hard work and leadership over
three decades. During his career, Ron has made countless contributions to our
company's growth and has been instrumental in a number of our achievements,
including the creation of Delhaize America, which is now an approximately $20
billion revenue business with roughly 1,600 stores in 18 states."
Mr. Hodge said, "After more than 30 years at Delhaize, I have decided that the
time is right for me to retire. I am proud to have been part of this great
company and to have played a role in the acquisition of Hannaford by Delhaize
Group and the creation of Delhaize America. While the macroeconomic environment
remains tough for our industry, our repositioning work is well underway and I am
confident that my colleagues will continue to build on that momentum in the
future. I look forward to working with Roland and the rest of the Delhaize team
to ensure a seamless transition."
» Delhaize Group
Delhaize Group is a Belgian international food retailer present in eleven
countries on three continents. At the end of the second quarter of 2012,
Delhaize Group's sales network consisted of 3 365 stores. In 2011, Delhaize
Group posted ? 21.1 billion ($ 29.4 billion) in revenues and ? 475 million ($
661 million) in net profit (Group share). At the end of June 2012, Delhaize
Group employed approximately 158 000 people. Delhaize Group's stock is listed on
NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).
This press release is available in English, French and Dutch. You can also find
it on the website http://www.delhaizegroup.com. Questions can be sent to
investor(at)delhaizegroup.com.
» Contacts
Chris Farrell: + 32 2 412 75 71
Investor Relations: + 32 2 412 77 61
Steven Vandenbroeke (media): +32 2 412 86 69
Christy Philips-Brown (media U.S.): +1 704 310 2221
Brunswick Group
Steve Lipin (U.S.): +1 212 333 3810
Simon Sporborg (U.K.): +44 (0) 20 7404 5959
cautionary note regarding forward looking statements
Statements that are included or incorporated by reference in this press release
and other written and oral statements made from time to time by Delhaize Group
and its representatives, other than statements of historical fact, which address
activities, events and developments that Delhaize Group expects or anticipates
will or may occur in the future, including, without limitation, expected costs
savings under the New Game Plan, the closing, conversion and opening of stores,
the expected effect of the portfolio optimization, anticipated revenue and net
profit growth, strategic options, future strategies and the anticipated benefits
of these strategies, are "forward-looking statements" within the meaning of the
U.S. federal securities laws that are subject to risks and uncertainties. These
forward-looking statements generally can be identified as statements that
include phrases such as "guidance," "outlook," "projected," "believe," "target,"
"predict," "estimate," "forecast," "strategy," "may," "goal," "expect,"
"anticipate," "intend," "plan," "foresee," "likely," "will," "should" or other
similar words or phrases. Although such statements are based on current
information, actual outcomes and results may differ materially from those
projected depending upon a variety of factors, including, but not limited to,
changes in the general economy or the markets of Delhaize Group, in strategy, in
consumer spending, in inflation or currency exchange rates or in legislation or
regulation; competitive factors; adverse determination with respect to claims;
inability to timely develop, remodel, integrate, open, convert or close stores;
and supply or quality control problems with vendors. Additional risks and
uncertainties that could cause actual results to differ materially from those
stated or implied by such forward-looking statements are described in Delhaize
Group's most recent Annual Report on Form 20-F and other filings made by
Delhaize Group with the U.S. Securities and Exchange Commission, which risk
factors are incorporated herein by reference. Delhaize Group disclaims any
obligation to update developments of these risk factors or to announce publicly
any revision to any of the forward-looking statements contained in this release,
or to make corrections to reflect future events or developments.
Press release in pdf format:
http://hugin.info/133961/R/1637143/526298.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Delhaize Group via Thomson Reuters ONE
[HUG#1637143]
Unternehmensinformation / Kurzprofil:
Datum: 29.08.2012 - 23:03 Uhr
Sprache: Deutsch
News-ID 178950
Anzahl Zeichen: 8709
contact information:
Town:
Brussels
Kategorie:
Business News
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