Delhaize Group : Delhaize Group : Maura Smith joining Delhaize Group as new
General Counsel; Michael Waller retiring at the end of June as planned
BRUSSELS, BELGIUM, 2 May 2013 -- Delhaize Group is pleased to announce the
appointment of Ms. Maura Abeln Smith as Executive Vice President, General
Counsel and General Secretary for Delhaize Group. Ms. Smith, formerly
Executive Vice President, Government Affairs, General Counsel, and Secretary
of PepsiCo, will become a member of the Delhaize Group Executive Committee and
report directly to Pierre-Olivier Beckers, CEO of Delhaize Group. She will
start effective May 2, 2013 and will lead the Group's legal and government
affairs functions, succeeding Michael Waller, who is retiring as scheduled.
"Michael will be missed. His mastery of the law, impeccable integrity, and
skill at simplifying complex issues and identifying key strategic points, has
made him a trusted advisor to both me and the Delhaize Group Board of
Directors," said Mr. Beckers. "I want to thank him for his significant
contributions and wish him well in this next chapter of his life."
"I am very pleased to have Maura join our Group and our Executive Committee,"
said Mr. Beckers, "she brings deep legal and governmental affairs experience,
a global perspective, and a wealth of knowledge in business transformation to
Ms. Smith brings more than 30 years of corporate legal experience to the
Group. Prior to joining PepsiCo, she served International Paper as the
company's Senior Vice President, General Counsel, Secretary and head of Global
Government Relations. During her eight-year tenure there she was instrumental
in the company's transformation into a global leader in the packaging and
paper industry, helping to redeploy $11 billion of capital through a selective
mixture of asset disposition and reinvestment.
She also spent five years at Owens Corning where she served as Senior Vice
President, General Counsel and Secretary, and from 2000, she was also
appointed Chief Restructuring Officer and a member of the Board of Directors.
She advised the CEO and Board in addressing the legal and financial
implications of the company's asbestos litigation, and led the company's
reorganization efforts. Ms. Smith also worked at General Electric, in the GE
Plastics Division, where she served as Vice President and General Counsel for
nearly seven years. Prior to GE, she was a partner at the international law
firm of Baker & McKenzie.
Ms. Smith graduated from Vassar College, in the United States, with a Bachelor
of Arts in Economics, earned with highest honors. She was also one of the
first women awarded a Rhodes Scholarship to Oxford University, in the United
Kingdom, where she earned an M.Phil. in economics. She then earned her J. D.
with honors from University of Miami School of Law.
She and her family will be relocating to Brussels.
Mr. Waller has served as Executive Vice President, General Counsel and
Secretary for the Company since 2001. During his tenure with Delhaize Group,
he built the Group Legal function from scratch into the integrated global
function it is today. He will stay on in his capacity as Executive Vice
President of the Group through June 30 in order to facilitate a smooth
transition for Ms. Smith into her new roles.
» Delhaize Group
Delhaize Group is a Belgian international food retailer present in ten
countries on three continents. At the end of 2012, Delhaize Group's sales
network consisted of 3 451 stores. In 2012, Delhaize Group posted €22.6
billion ($29.0 billion) in revenues and €104 million ($134 million) in net
profit (Group share). At the end of 2012, Delhaize Group employed
approximately 158 000 people. Delhaize Group's stock is listed on NYSE
Euronext Brussels (DELB) and the New York Stock Exchange (DEG).
This press release is available in English, French and Dutch. You can also
find it on the website http://www.delhaizegroup.com. Questions can be sent to
Investor Relations: + 32 2 412 2151
Media Relations: + 32 2 412 8669
Press release in pdf-format
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Source: Delhaize Group via Thomson Reuters ONE
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