Ahold Delhaize USA says Food Lion's executive vice president of retail operations, Greg Finchum, will assume the role of president in May 2025.
Current Food Lion President Meg Ham has announced that she will retire in May.
Finchum joined Food Lion in 1989 and has been in his current role for more than a decade, delivering consistent sales growth and strong financial performance, according to a news release. Additionally, the company said he has a track record of building strong brand loyalty among customers and creating emotional connections between associates and the brand while preserving the heritage that has made Food Lion successful over the years.
Finchum also played an integral role in the strategic repositioning of Food Lion and has continued to lead initiatives to evolve the brand for the future, the release said.
"We are excited to have Greg, a talented retail operator at heart, step into this role," said JJ Fleeman, CEO for Ahold Delhaize USA. "Greg has held a variety of roles throughout the organization, including having served as head of strategy and head of retail services. He leads with a strategic discipline and focus that delivers strong results and solid performance at Food Lion. I look forward to working with him more closely in his new role next year as the leader for the brand."
A resident of Salisbury, N.C., Finchum said he is humbled to take on the position in May.
"I want to thank JJ and Meg for being great mentors and for their confidence in me. Throughout my career at Food Lion, I've had the opportunity to work across many functions, in addition to retail operations, that have given me a depth of experience and knowledge about the Food Lion business that will serve me well as I prepare to transition to this new role," he said. "I recognize leading Food Lion comes with extraordinary responsibility. We will continue to build upon Food Lion's heritage and legacy and nourish the towns and cities Food Lion serves while maintaining convenient locations that offer affordable groceries and excellent service at our more than 1,100 stores. Through our team of 82,000 associates, we are committed to being there for our customers to ensure they can always count on Food Lion as their neighborhood grocery store."
by The Packer Staff, Dec 16, 2024