Kroger Announces New Financial Appointments
Feb 23, 2011, 11:00 ET
CINCINNATI, Feb. 23, 2011 /PRNewswire/ -- The Kroger Co. (NYSE: KR) announced today that Cindy Holmes has been appointed Director of Investor Relations and Carin Fike has been appointed Director and Assistant Treasurer. Both of these changes will be effective March 6, 2011. Ms. Fike will report to Kroger's Treasurer, Scott Henderson; Ms. Holmes will report to Kroger's Chief Financial Officer, J. Michael Schlotman.
Ms. Holmes, 42, began her career with Kroger in 1990 in the Information Systems and Services department, and for the past 10 years has served as the company's Assistant Treasurer. In that capacity she was responsible for managing banking relationships, managing treasury operations including cash forecasting, analyzing and selecting borrowing and investment options, negotiating and managing a $2 billion credit facility, and participating in the issuance of long-term debt and derivatives. She also worked in capital management and is a member of Kroger's pension investment committee.
She earned a BS degree in Business with a major in Finance from Miami University and an MBA degree from Northern Kentucky University. She is a certified treasury professional (CTP).
Ms. Fike, 42, began her career with Kroger in 1999, and has served as the company's Director of Investor Relations since 2003. She was recently named the best investor relations officer in the grocery and retail drug industry by both the buy side and sell side in the 2010 Institutional Investor magazine rankings. She began her professional career with PricewaterhouseCoopers LLP and is a Certified Public Accountant. She is a graduate of Duke University and earned an MBA in Finance from Indiana University.
"Both Carin and Cindy have made significant contributions over the years in their respective positions at Kroger, and I look forward to their continued contributions in their new positions within the corporate finance department," said J. Michael Schlotman, Kroger's Chief Financial Officer."
Kroger, the nation's largest traditional grocery retailer, employs more than 338,000 associates who serve customers in 2,461 supermarkets and multi-department stores in 31 states under two dozen local banner names including Kroger, City Market, Dillons, Jay C, Food 4 Less, Fred Meyer, Fry's, King Soopers, QFC, Ralphs and Smith's. The Company also operates 784 convenience stores, 375 fine jewelry stores, 954 supermarket fuel centers and 40 food processing plants in the U.S. Kroger, headquartered in Cincinnati, Ohio, focuses its charitable efforts on supporting hunger relief, health and wellness initiatives, and local organizations in the communities it serves. For more information about Kroger, please visit www.kroger.com .
SOURCE The Kroger Co.
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