Food Lion Taps Herndon as CFO 2008-08-08

SALISBURY, N.C. — Food Lion here has promoted Carol Herndon to chief financial officer and chief administrative officer and Robert Canipe to senior vice president of corporate development. The chain had not had a CFO, a spokeswoman told SN. Herndon will be responsible for all corporate development, which includes real estate, store development, mergers and acquisitions, construction, maintenance, equipment procurement and energy management. She will continue to have senior leadership responsibility for accounting and analysis, as well as information technology. Canipe will assume senior leadership responsibilities for real estate, construction, maintenance, store equipment procurement and energy management. He will also serve as a member of Food Lion’s executive committee. Herndon joined Food Lion in 1989 as a financial controller. She most recently was chief accounting officer for Delhaize America, Food Lion’s parent company. Canipe joined Food Lion in 2001 as director of strategic and business analysis. He has also served as vice president of business strategy and vice president of dry category management. He worked for Proctor & Gamble Co. from 1990 to 2001.

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