Winn-Dixie Creates Integration Planning Teams
JACKSONVILLE, Fla. — Winn-Dixie Stores here and Bi-Lo have created three integration planning committees made up of executives from each chain to begin preparing for the merger of the two companies.
January 23, 2012
JACKSONVILLE, Fla. — Winn-Dixie Stores here and Bi-Lo have created three integration planning committees made up of executives from each chain to begin preparing for the merger of the two companies.
In a filing with the Securities and Exchange Commission, Winn-Dixie said the initial planning work for the integration began last week. Winn-Dixie announced on Dec. 19 that it had agreed to be acquired by Bi-Lo for about $560 million, with the merger expected to close within 60-120 days from that date.
The steering committee for the merger includes both Peter Lynch, chairman, president and chief executive officer of Winn-Dixie — who said he plans to resign once the merger is complete — and Randall Onstead, the chairman of Bi-Lo who is slated to become CEO of the combined companies.
Also on the steering committee are Winn-Dixie executives Bennett Nussbaum and Larry Appel and Bi-Lo executives Brian Carney and Larry Stablein.
The two other integration planning committees include the "core integration planning team" with five team leaders from Winn-Dixe and four from Bi-Lo, and the "functional integration planning teams," led by:
• Finance: Lynn Schweinfurth and Mike Byrum of Winn-Dixie and John Croft of Bi-Lo.
• Human resources: Anita Dahlstrom-Gutel of Winn-Dixe and Joan Miszak of Bi-Lo.
• Information technology: Maura Hart of Winn-Dixie and Carol DeWitt of Bi-Lo.
• Legal: Tim Williams of Winn-Dixie and Kyle Volluz of Bi-Lo.
• Logistics: Chris Scott of Winn-Dixie and John May of Bi-Lo.
• Marketing and brand Mary Kellmanson of Winn-Dixie and Bill Nasshan of Bi-Lo.
• Merchandising/pricing/procurement: Matt Gutermuth and Jim Smits of Winn-Dixie and Nasshan of Bi-Lo.
• Real estate: Tim McNamara of Winn-Dixie and Larry Zitzke of Bi-Lo.
• Stores: Appel of Winn-Dixie and Anthea Jones of Bi-Lo.
• Strategic sourcing: Graham Leary of Winn-Dixie and Croft of Bi-Lo.
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