OPERATIONS

Delhaize announces senior management changes

BY CSA STAFF

Brussels, Belgium Belgian international food retailer Delhaize Group said Friday that its executive VP of Delhaize Group and CEO of Delhaize America Shared Services Rick Anicetti is leaving the company.

Carol Herndon, currently senior VP accounting and finance of Delhaize America, has been named chief administrative officer of Delhaize America, reporting to Pierre-Olivier Beckers, president and CEO of Delhaize Group and of Delhaize America.

Herndon will oversee finance, information technology, legal and government relations, communications, and corporate development.

Ron Hodge, executive VP of Delhaize Group and CEO of Delhaize America Operations will add human resources for Delhaize America to his current responsibilities.

Delhaize’s U.S. supermarket banners include Food Lion and Bloom.

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Ace Hardware names president, renews Southeast Asian licenses

BY CSA STAFF

Oak Brook, Ill. Ace Hardware recently appointed a new president and general manager of Ace International to oversee worldwide growth initiatives. The announcement coincides with the renewal of two major licensing agreements in Southeast Asia that further reinforce the leading hardware cooperative’s presence in Indonesia and Malaysia.

Ace Hardware also announced that it will retain the rights to develop the Ace brand in Indonesia until 2025. As part of its “Ace Vision 2010” program, the company will open five new stores throughout the remainder of the year.

In addition, Ace Hardware International’s current license in Malaysia, originally signed in 1996 with Giant Ace SDN BHD, will now be extended to 2020. At least two additional stores will open in 2010, joining the 10 stores currently located in the Kuala Lumpur metropolitan area.

“Southeast Asia has proven to be a market of considerable growth potential, and we see opportunities for further expansion throughout Indonesia and Malaysia in the coming decade,” said Ray Griffith, president and CEO of Ace Hardware Corp.

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Cabela’s re-elects board nominees

BY CSA STAFF

Sidney, Neb. Cabela’s announced Wednesday that shareholders re-elected all nine of the nominees to its board of directors, each for a one-year term, at the company’s annual meeting of shareholders held last week.

According to the retailer, each of the nominees to the board of directors was re-elected by at least 96% of the shares cast with respect to nominees at the meeting. The nominees were as follows: Theodore Armstrong; Richard Cabela; James Cabela; John Edmondson; John Gottschalk; Dennis Highby; Reuben Mark; Michael McCarthy; and Thomas Millner.

“We were very pleased with the turnout, which was a record for our shareholders’ meeting,” said Tommy Millner, Cabela’s CEO. “In addition to the formal business of the meeting, it was a pleasure reviewing our great business results from last year and outlining our 2012 vision and plans for the coming year.”

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