OPERATIONS

iCongo Announces Executive Promotions

BY CSA STAFF

Montreal, Quebec Irwin Kramer, Chairman and CEO of iCongo, Inc., recently announced the promotion of Steven Kramer as president of the company. Kramer will continue his responsibility as chief technology officer and will oversee driving the growth, profitability and satisfaction of iCongo’s growing staff and client base.

Concurrent with this announcement, Joshua Ostrega has been named executive VP for business operations. Ostrega will continue to oversee critical operations of the company, including QA and customer service. Domenico D’Avirro has been promoted to VP for Retail System Services, where he will be responsible for managing the growing retail systems business, including professional services and customer relations with iCongo’s retail practice. Mark Sadegursky has been appointed VP for Software Development and will continue to manage and oversee iCongo’s Software and R&D development processes and staff.

In his new role, Kramer will continue to be responsible for the long-term product and technology vision at iCongo, including corporate strategy, research and development, and product management. He will work to foster iCongo’s commitment to e-commerce software innovation.

Prior to joining iCongo, Kramer led supply chain enterprise system implementations for large retail and manufacturing companies at a leading international software company.

Ostrega spent several years working on technology and Internet software public and private financings and M&A transactions for a Canadian financial firm.

D’Avirro joined iCongo Inc. in 2006 as director of account management where he was a senior project manager for the implementation of iCongo’s B2C systems at major retailers. He is responsible for project and client management of iCongo’s retail e-commerce customers. D’Avirro has over 15 years of experience in the technology industry and a strong background in B2C applications. Prior to joining iCongo, he worked at an e-commerce software company as a senior account director managing large Fortune 500 corporate customers.

Sadegursky joined iCongo in 2001 and has held several positions, including senior systems analyst, network manager, and software manager. Prior to joining iCongo, he was involved with supply chain enterprise system implementations for large retail and manufacturing companies at a leading international software company.

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Zahari named president and ceo of Lalique North America

BY CSA STAFF

NEW YORK According to reports, Maz Zouhari has been named president and ceo of Lalique North America.

Zouhairi was previously serving as vp of sales and marketing. He succeeds Guillaume Gauthereau.

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Supervalu reports 9% net earnings increase

BY CSA STAFF

MINNEAPOLIS Supervalu reported sales and earnings for the first quarter of fiscal 2009. The company reported first quarter net sales of $13.3 billion compared to $13.3 billion last year, net earnings of $162 million, an increase of 9% compared to $148 million last year, and diluted earnings per share of 76 cents, an increase of 10% compared to 69 cents last year.

Jeff Noddle, Supervalu chairman and ceo said, While we are pleased with our record results and the continued progress of the Albertsons integration, the ongoing weakness in the economy combined with higher food and energy inflation has created conditions that make us take a more cautious view for the balance of the fiscal year. In light of the macroeconomic environment, we have updated our guidance and are responding with tighter expense controls and other cost-savings activities. We remain confident that we are doing the right things for the long-term health of our business and are effectively managing those factors under our control in order to create a foundation for sales momentum and future growth. 

The company said it expects earnings per diluted share for fiscal 2009 to be in the range of $3 to $3.16 per diluted share. Identical-stores sales growth, excluding fuel, is now projected to be approximately 0.5% compared to previous guidance of 1% to 2%.

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