Stephen Bebis Appointed as President and Chief Executive Officer of Liquor
Stores N.A. Ltd.
EDMONTON, ALBERTA -- (Marketwired) -- 04/04/13 -- Liquor Stores N.A.
Ltd. (the "Company") (TSX:LIQ), North America's largest
publicly-traded liquor retailer, announces that Stephen Bebis is
appointed President and Chief Executive Officer effective May 7,
Mr. Bebis has a deep resume of experience in the retail sector, and
most recently was the President and Chief Executive Officer of
U.S.-based Brookstone Inc., a specialty lifestyle retail company.
From 1998 to 2011, Mr. Bebis served as the founder, President and CEO
of Golf Town, the largest specialty golf retailer in Canada and one
of the largest in the world. From 1996 to 1998, he was Chairman,
President, and CEO of Sports and Recreation Stores, Tampa, Florida.
Prior thereto, Mr. Bebis held various executive-level positions,
including (among others) President of Home Depot Canada, and founder
and CEO of Aikenhead's Home Improvement Warehouse.
Jim Dinning, Chairman and current Interim Chief Executive Officer
commented, "On behalf of Management and the Board, I am pleased to
welcome Stephen to the Liquor Stores organization." Dinning added
"With his rich retail experience and his remarkable success at
growing the likes of Golf Town and Home Depot, we are confident we
have a leader who will enhance the Company's prospects for continued
expansion and profitability, especially as we look towards growth in
new U.S. markets."
It is anticipated that Mr. Bebis will be appointed to the Board of
About Liquor Stores N.A. Ltd.
The Company operates 247 retail liquor stores in Alberta, British
Columbia, Alaska and Kentucky, including the Company's two (2) new
flagship Wine and Beyond stores located in Edmonton and Sherwood
Park, Alberta. The Company's common shares and convertible
subordinated debentures trade on the Toronto Stock Exchange under the
symbols "LIQ" and "LIQ.DB.A", respectively.
Additional information about Liquor Stores N.A. Ltd. is available at
www.sedar.com and the Company's website at www.liquorstoresna.com.
Liquor Stores N.A. Ltd.
Patrick de Grace, CA
Chief Financial Officer
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