Sobeys names Keay EVP, finance

Sobeys said Tuesday it has named Clinton Keay EVP of finance, reporting to Francois Vimard, chief financial and administrative officer.

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Keay will oversee all financial areas at the Stellarton, Nova Scotia-based company, including controllership, treasury, tax management, investor relations, financial planning internal audit and risk management.

Keay joined Sobeys in 1989 and held several senior finance roles before being named SVP and CIO in 2002. As CIO he led all aspects in the development and execution of the company's IT strategy.

"Clinton's deep understanding of our business gained from his 25 years in both finance and information technology leadership positions makes him uniquely qualified to assume this leadership role," said Vimard in a statement.

Vimard had been named interim CFO following the departure of Paul Jewer earlier this month.

Sobeys, a wholely owned subsidiary of Empire Co., owns or franchises about 1,500 stores across Canada.