Nash Finch Names Former SuperValu Exec to Head Company
Minneapolis, Food distributor Nash Finch said it appointed a former executive from rival SuperValu to lead the company as it deals with an insider-trading inquiry and a consolidating industry. Alec Covington, 49, will assume the role of CEO in May. Covington replaces Ron Marshall, who stepped down as CEO earlier this year. Chairman Allister Graham served as interim CEO during the search process.
Duckwall-ALCO Names New VP, COO
Abilene, Kan., Duckwall-ALCO Stores, Inc. named Michael S. Marcus as VP and COO. Marcus, who joined the company in 2004 as a financial planning manager, has 17 years experience in the retail industry. He most recently served as VP and CFO for Weiner’s Stores, Inc. in Houston. Marcus will replace David W. Mills, who said he would be leaving the company to devote his time to his farming interests.
Hart Stores Inc. Announces New Board of Director Member
Montreal, Hart Stores Inc. announced that J. Pierre Brunet, Ph.D., has joined its board of directors.
Brunet is currently a member of a number of advisory boards and chairman of the board’s PEAK Financial Group Inc., in charge of managing strategic growth and organization issues. The company also announced that as part of its focused expansion plan it would open two new stores in Ontario by the end of March 2006.