Marsh CFO Retires
Indianapolis, Marsh Supermarkets said that its CFO, Douglas W. Dougherty, retired as of May 28 and has been replaced on an interim basis by Mark A. Varner, the company’s VP and corporate controller. Verner will serve as interim CFO until a successor is named.
CSK Auto Has Lackluster Q1
Phoenix, CSK Auto Corp. reported net income of $8 million for its first quarter ended May 1, down from $12.8 million in the same quarter a year before. Sales remained flat at $397.2 million on a same-store sales decrease of 1.2%.
Matthews, N.C., Family Dollar announced the promotions of Barry Sullivan to senior VP, store operations, and Michael Vickers to VP, store operations. The company said that Bruce Barkus, current executive VP, store operations, has accepted a CEO position with another company.