Coca-Cola Names New Officers and Director
Atlanta, Coca-Cola Enterprises Inc. elected five officers to its corporate and North American Business Unit management teams. John R. Parker Jr. is senior VP of strategic initiatives, North America. Alex Jackson is VP of quality. Daniel J. Markle is VP of U.S. field sales operations. Cyril J. Turner is VP of capital planning and value management. Brian E. Wynne is VP of North American human resources.
Coca-Cola also elected Donna A. James as director of the company’s board. James is currently president of Nationwide Strategic Investments, a division of Nationwide Mutual Insurance Co. She also serves on the board of directors of Limited Brands, Inc. and on the advisory board of the North Carolina Agricultural and Technical State University School of Business.
Safeway’s Sales Increase
Pleasanton, Calif., Safeway saw its comparable-store sales increase 3.3% and its identical-store sales increase 2.8% for the second quarter of 2005. The company’s total sales increased 4.7% to $8.8 billion for the second quarter of 2005. Last year, Safeway’s total sales were $8.4 billion for the second quarter.
Safeway believes the increase is due to its marketing strategies and recovery from the strike in Southern California last year. Steve Burd, chairman, president and CEO of Safeway, said, “Our strategy to differentiate our offering has resulted in broad-based sales improvement.”
Net income for Safeway, however, decreased for the second quarter. This year’s income was $134 million while last year’s was $155.2 million.
Food Lion Hires Ex-Kroger Exec
Salisbury, N.C., Food Lion hired Derrick Penick, a former merchandiser for Kroger, as senior VP of fresh merchandising and distribution. He replaces Cathy Green, who is now senior VP of retail operations.
Penick was most recently VP of merchandising at Kroger’s King Soopers division in Denver. Before that position, he had several other posts with Kroger including group VP of perishables, VP of merchandising, meat director and store manager.