K-VA-T Names Lockard CFO

ABINGDON, Va. — K-VA-T Food Stores here said it has named Michael T. Lockard (pictured) senior vice president and chief financial officer.

Lockard, who specializes in shared services management, brings over 20 years of finance and accounting experience to the parent of the 104-store Food City chain.

“Michael is known for his strong work ethic, resilience and strategic perspective,” said Steven C. Smith, president and chief executive officer. "Having worked for a number of large organizations, including UPS, Michael has developed a tremendous skill set that will prove valuable to our organization as we continue to navigate the waters of today’s challenging economy.”

Prior to joining the Food City team, Lockard served in a number of senior leadership roles, including vice president of financial shared services and vice president of finance at UPS Supply Chain Solutions. His new responsibilities with Food City will include the oversight of all finance and accounting operations, as well as information services and technology.

“I’m excited to be joining a locally owned, growing company with a deep tradition of excellence in customer service, career opportunities and community involvement,” said Lockard, in a prepared statement.