Carney Named CFO of Bi-Lo/Winn-Dixie
JACKSONVILLE, Fla. — Winn-Dixie Stores here said Bennett Nussbaum, currently chief financial officer, will leave that position and become integration lead following the completion of the company's acquisition by Bi-Lo.
February 1, 2012
JACKSONVILLE, Fla. — Winn-Dixie Stores here said Bennett Nussbaum, currently chief financial officer, will leave that position and become integration lead following the completion of the company’s acquisition by Bi-Lo.
Brian Carney, currently executive vice president and CFO of Bi-Lo, will become CFO of the combined companies, Winn-Dixie said in a filing with the Securities & Exchange Commission.
Before joining Bi-Lo as EVP and CFO in 2005, Carney held the same position with Jo-Ann Stores from 1997 to 2005, and had previously held financial positions with Revco and with accounting firm Arthur Anderson & Co.
As previously reported, Randall Onstead, the current chairman of Bi-Lo, will be the chief executive officer of the combined companies after the merger. Both Nussbaum and Carney will report to him.
Separately, Winn-Dixie said it has scheduled a March 9 special shareholders meeting to vote on the planned merger, in which Bi-Lo has offered $9.50 per share, or about $560 million, to acquire Winn-Dixie.
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