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Sobeys' parent company Empire names new CEO

Michael Medline appointed President and CEO of Empire Company Limited (CNW Group/Empire Company Limited)
Michael Medline appointed President and CEO of Empire Company Limited (CNW Group/Empire Company Limited)

STELLARTON, N.S. - Board members for Empire, the parent company of Sobeys, have appointed Michael Medline as president and chief executive officer of the company.

Medline will also serve on the board of directors of Empire, the company stated in a release issued about Medline's appointment.

Medline will also serve on the board of directors of Empire, the company stated in a release issued about Medline's appointment.

"Michael Medline is an outstanding Canadian retailer who brings a passion for the customer experience and a proven ability to drive strong operating and financial performance within national organizations and across multiple brands," said James Dickson, chair of Empire. "After an extensive international search, the Board is unanimous in its determination that Michael is the right choice to create long-term value for all our stakeholders."

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Prior to joining Empire, Medline served for more than 15 years in a variety of senior retail leadership roles at Canadian Tire Corporation, most recently as that organization's president and CEO.

"I am proud to be joining Empire, a great retailer which has served Canadians for more than 109 years. I'm looking forward to working with our entire team to put together and execute on a strategy that will thrill our customers, build our brands, and excite our shareholders," Medline said.

Medline's appointment is effective immediately. He will work closely with François Vimard and the experienced leadership team to understand the unique aspects of Empire's business, the release stated. 

"We thank François Vimard for his great work leading the company over the past several months and are extremely pleased that he will move into the position of Executive Vice President for Empire to play an active role in the transition," Dickson said.

Empire Company Limited is headquartered in Stellarton. Empire's key businesses are food retailing and related real estate. With approximately $24.4 billion in annualized sales and $8.8 billion in assets, Empire and its subsidiaries, franchisees and affiliates employ approximately 125,000 people.

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