BNET Industries

Market Cap:$423.6M
Last Fiscal Year Sales:$4.7B
  • Public
Dow Jones Description

In terms of revenue, we are the second largest publicly traded wholesale food distributor in the United States serving the retail grocery industry and the military commissary and exchange systems. Our business consists of three primary operating segments: food distribution, military food distribution and retail.

President and Chief Executive Officer
Alec C. Covington
Number of Employees 4,540
Contact Information

nashfinch.com

NAICS Code General Line Grocery Merchant Wholesalers: 424410

Recent Events

  • Nash Finch names EVP, general counsel

    11/12/09 - Mgmt. Change Entering - Legal - View Story

  • Nash Finch boosts earnings in Q3

    11/14/09 - Financial Announcement - View Story

  • Nash-Finch NAFC Declares $0.18 Quarterly Dividend; 4.2% Yield

    11/10/09 - Stock Split / Dividend - View Story

  • Nash Finch Company - SWOT Analysis

    10/03/09 - Financial Announcement - View Story

  • Nash Finch resolves dispute with Roundy's Supermarkets

    9/16/09 - Legal Settlement - View Story

  • Nash Finch Posts 2Q 2009 Results

    7/31/09 - Financial Announcement - View Story

  • Nash-Finch Board Announces Quarterly Dividend

    7/24/09 - Stock Split / Dividend - View Story

News & Analysis

nash finch co. - All News and Analysis

Decision Makers

Name (plus bio) Position
Alec C. Covington President and Chief Executive Officer
Edward L. Brunot President and Chief Operating Officer of Mdv
Calvin Sihilling Chief Information Officer
LeAnne M. Stewart CFO, Senior Vice President & Treasurer
Robert B. Dimond Executive Vice President, Chief Financial Officer and Treasurer
Bruce A. Cross Executive Vice President, Merchandising
Christopher A. Brown Executive Vice President, Food Distribution
Jeff Poore Executive Vice President
Denise Wilson Senior Vice President Human Resources
Howard Befort Senior Vice President, Mdsg
Joe R. Eulberg Senior Vice President, HR
Kathleen M. Mahoney Senior Vice President, Secretary and General Counsel
Michael W. Rotelle Senior Vice President Human Resources
Terry Littrell Senior Vice President, Food Distribution
Bill Harbeke Vice President, Store Development
Blaine T McGuire Vice President, Internal Audit
Dennis Hanley Vice President, Retail Formats
Gary Bickmore Vice President, Sales & Business Dev
Gary Spinozzi Vice President, Vendor Relations
Michael Mills Vice President, Retail Operations
Tom Strzelczyk Vice President, Food Distr
Roger Nelson Senior Director, Business Dev
Aimee Stevens Legal Secretary
Bret Hagglund Programmer Analyst, Edi
Clifford D. Feiock Video Coordinator
Linda Jonz Buyer
Mohan Kanagala Applications Specialist, Edi
Nash Finch
John E. Stokely Director

Board of Directors

Name (plus bio) Position
Douglas A. Hacker Chairman
Mickey P. Foret Chairman
William R. Voss Chairman of the Board
Allister P. Graham Board of Directors
Carole F. Bitter Board of Directors
Hawthorne L. Proctor Board of Directors
Jerry L. Ford Board of Directors
John H. Grunewald Board of Directors
Robert L. Bagby Board of Directors
Sam K. Duncan Board of Directors
Willaim H Weintraub Board of Directors
William H. Weintraub Board of Directors

Organization Position Status
Super Foods Services, Inc CEO Current
GTL Truck Lines, Inc. CEO Current
Nash-Finch Company President and Chief Executive Officer Current
Nash Finch Funding Corporation CEO Current
Koninklijke Wessanen nv Executive Vice President Current
Nash-Finch Company Board of Directors Current
The Tree Company Chief Executive Officer Former
Americold Logistics, LLC Chief Executive Officer Former
The Tree Company President Former
Hinky Dinky Supermarkets, Inc. CEO Former
U-Save Foods, Inc CEO Former
Piggly Wiggly Northland Corporation CEO Former

Edward L. Brunot has served as our Senior Vice President and President and Chief Operating Officer of MDV since February 2009. Mr. Brunot joined Nash Finch in July 2006 as our Senior Vice President, Military. Mr. Brunot previously served as Senior Vice President, Operations for AmeriCold Logistics, LLC from December 2002 to May 2006, where he was responsible for 29 distribution facilities in the Western Region. Before that, Mr. Brunot was Vice President of Operations for CS Integrated from 1999 to 2002. Mr. Brunot served as a Captain in the United States Army and holds a BS degree from the United States Military Academy, West Point and an MS degree from the University of Scranton.

Organization Position Status
Nash-Finch Company President and Chief Operating Officer of Mdv Current
Nash-Finch Company Senior Vice President, Military Current
Americold Logistics, LLC Senior Vice President, Operations Former
Power Logistics, Inc. Distribution and Logistics Leadership Former
University of Scranton MS Former
United States Military Academy BS Degree Former
University of Scranton BS Former

"Cal Sihilling joined Nash Finch in 2006 and most recently served as CIO of AmeriCold Logistics, a leading third-party provider of supply chain solutions in the consumer packaged goods industry. He was responsible for the oversight of Information Technology (IT), Transportation, Project Support, and the National Service Center. Before that, Cal was CIO of the Eastern Region of Richfood Holdings, Inc./SuperValu Inc. for three years. In the ten years prior, he was Vice President, Information Systems at Alex Lee, Inc. Prior to that, Cal held various leadership positions servicing IT systems at such companies as Pepsico Food Systems, Dr. Pepper Company and Electronic Data Systems. Cal holds a BS from the Northrop Institute of Technology. "

Organization Position Status
Nash-Finch Company Chief Information Officer Current
Nash-Finch Company Executive Vice President Current
Americold Logistics, LLC CIO Former
Alex Lee, Inc. Vice President, Information Systems Former
Electronic Data Systems Corporation Leadership Positions Former

Organization Position Status
Nash-Finch Company CFO, Senior Vice President & Treasurer Current
Nash-Finch Company Board of Directors Current
Ernst & Young Former
Wharton Graduate School of the University of Pennsylvania Master of Business Administration Former

"Robert Dimond joined Nash Finch in 2007 from Wild Oats Markets Inc., a leading national natural and organic foods retailer. While at Wild Oats he served as the Company's Chief Financial Officer and Senior Vice President since April 2005. Bob previously served as Executive Vice President, Chief Financial Officer and Treasurer at Nash Finch from 2000 to 2004. Prior to Nash Finch, Bob was Group Vice President and Chief Financial Officer for the western region of The Kroger Company and served as Vice President, Administration and Controller for Smith's Food and Drug Centers. Bob earned his BS degree in accounting from the University of Utah and is a Certified Public Accountant. "

Organization Position Status
Nash-Finch Company Executive Vice President, Chief Financial Officer and Treasurer Current
Wild Oats Markets, Inc. Chief Financial Officer Former
The Penn Traffic Company Chief Financial Officer Former
The Kroger Co. Chief Financial Officer Former
The Penn Traffic Company Executive Vice President Former
Wild Oats Markets, Inc. Senior Vice President Former
Smith's Food & Drug Centers, Inc. Vice President, Administration Former
The Kroger Co. Group Vice President Former
Smith's Food & Drug Centers, Inc. Controller Former
Nash-Finch Company Treasurer Former
University of Utah BS Degree In Accounting Former

Organization Position Status
Nash-Finch Company Executive Vice President, Merchandising Current

"Christopher Brown joined Nash Finch in 2006. From 2003 to 2006, Christopher served as Chief Executive Officer of SimonDelivers, Inc., a leading online grocery delivery company. While at SimonDelivers he spearheaded the design and implementation of a new company structure which resulted in sales volumes and gross profit margin improvements. He also led significant customer service and convenience enhancing initiatives. Prior to joining SimonDelivers Christopher was the Executive Vice President, Merchandising at Nash Finch from 1999 to 2003 where he was responsible for all merchandising, procurement, marketing, category management, and advertising. During the eight years prior, he held various management positions of increasing responsibilities at Richfood Holdings, Inc. Christopher holds a BS degree in Business Administration - Marketing from Winona State University. "

Organization Position Status
Nash-Finch Company Executive Vice President, Food Distribution Current
SimonDelivers, Inc. CEO Former
Winona State University Bsba Degree Former

"Jeff Poore joined Nash Finch in May of 2001 as Vice President of Distribution and Logistics, at which time he was responsible for overseeing and managing the Company's warehouse, transportation and logistics operations. In August 2004, Jeff was named Senior Vice President Military. Prior to joining Nash Finch, he was Vice President of Logistics for the Eastern Region of Richfood Holdings, Inc./ SuperValu Inc. He has also served in a variety of strategic and distribution roles for Computer Sciences, Hills Department Stores, Payless ShoeSource and Payless Cashways. Jeff holds a BA in Business Administration from Loyola Marymount University. "

Organization Position Status
Nash-Finch Company Executive Vice President Current
Nash-Finch Company Vice President of Distribution and Logistics Former
Loyola Marymount University BA In Business Administration Former

Ms. Wilson has been Executive Vice President and Chief Administrative Officer (CAO) since September 2008. As CAO, Ms. Wilson oversees several key corporate functions including Human Resources, Investor Relations, Communications and Information Technology. Prior to joining NRG, she served as Vice President, Human Resources Operations with Metris Companies Inc. and Director, Human Resources with General Electric ITS.

Organization Position Status
NRG Energy, Inc. Executive Vice President and Chief Administrative Officer Current
Nash-Finch Company Senior Vice President Human Resources Current
NRG Energy, Inc. Chief Administrative Officer Former
NRG Energy, Inc. Executive Vice President Former
NRG Energy, Inc. Vice President, Hr Former
Metris Companies Inc. Vice President, Human Resources Operations Former
NRG Energy, Inc. Executive Director, International Former
NRG Energy, Inc. Principal Consultant Former
University of Minnesota Master of Arts Degree In Industrial Relations Former
University of Minnesota Bachelor of Science Degree In Education Former

Organization Position Status
Nash-Finch Company Senior Vice President, Mdsg Current

Organization Position Status
Nash-Finch Company Senior Vice President, HR Current

"Kathy Mahoney most recently served as Interim General Counsel and Secretary at Nash Finch. She joined the Company in 2004 as Vice President, Deputy General Counsel. Prior to working at Nash Finch, Kathy was the Managing Partner in the St. Paul Office of Larson King, LLP. She also spent 13 years with the law firm of Oppenheimer, Wolff & Donnelly, LLP. Kathy also worked as Special Assistant Attorney General in the Minnesota Attorney General's Office for six years. Kathy earned her JD degree from Syracuse University College of Law, cum laude, and a BA from Keene State College. She is a member of the American Bar Association and the Minnesota State, Wisconsin State and Ramsey County Bar Associations. "

Organization Position Status
Nash-Finch Company Senior Vice President, Secretary and General Counsel Current
Nash-Finch Company Vice President Former
Larson King, Llp. Managing Partner Former
Nash-Finch Company Deputy General Counsel Former
Nash-Finch Company Secretary Former
Syracuse University College of Law Jd Degree Former
Keene State College BA Former

Organization Position Status
Nash-Finch Company Senior Vice President Human Resources Current

Organization Position Status
Nash-Finch Company Senior Vice President, Food Distribution Current
Nash-Finch Company Reg Vice President Former
Nash-Finch Company Senior Director, Southeast Region Former
Nash-Finch Company Manager of Operations Development Former
Campbell University M.B.A. Former
Anderson University B.A. in Business Education Former

Organization Position Status
Nash-Finch Company Vice President, Store Development Current

Organization Position Status
Nash-Finch Company Vice President, Internal Audit Current

Organization Position Status
Nash-Finch Company Vice President, Retail Formats Current

Organization Position Status
Nash-Finch Company Vice President, Sales & Business Dev Current

Organization Position Status
Nash-Finch Company Vice President, Vendor Relations Current

Organization Position Status
Nash-Finch Company Vice President, Retail Operations Current

Organization Position Status
Nash-Finch Company Vice President, Food Distr Current

Organization Position Status
Nash-Finch Company Senior Director, Business Dev Current

Organization Position Status
Nash-Finch Company Legal Secretary Current

Organization Position Status
Nash-Finch Company Programmer Analyst, Edi Current

Organization Position Status
Nash-Finch Company Video Coordinator Current

Organization Position Status
Nash-Finch Company Buyer Current

Organization Position Status
Nash-Finch Company Applications Specialist, Edi Current

Organization Position Status
Nash-Finch Company Current

Array

Organization Position Status
UAL Corporation Executive Vice President Finance & Planning Current
Nash-Finch Company Chairman Current
Aircastle Limited Board of Directors Current
Nash-Finch Company Compensation Committee Member Current
UAL Corporation Senior Vice President, Finance and Chief Financial Officer Former
Aircastle Limited Executive Vice President Former
Princeton University Bachelor's Degree In Economics Former

Organization Position Status
Business Risk Strategies Current
Nash-Finch Company Chairman Current
ADC Telecommunications, Inc. Chair Current
Nash-Finch Company Board of Directors Current
Pinnacle Airlines, Inc. Director Current
Delta Air Lines, Inc. Board of Directors Current
URS Corporation Board of Directors Current
Ccg Securities, LLC. Board of Directors Current
Northwest Airlines Corporation Board of Directors Current
URS Europe Board of Directors Current
Tryck Nyman Hayes, Inc. Board of Directors Current
URS Forestry Board of Directors Current
Lopezgarcia Group Board of Directors Current
Aviation Consultants President Former
Atlas Air, Inc. President Former
Continental Airlines, Inc. President Former
Northwest Airlines Corporation Chief Financial Officer Former
Atlas Air, Inc. Chief Operating Officer Former
Atlas Air, Inc. Executive Vice President Former
Northwest Airlines Corporation Executive Vice President Former
Northwest Airlines Corporation Special Projects Officer Former
Advanced Design Consulting USA, Inc Director Former
Continental Airlines, Inc. Director Former
ADC Telecommunications, Inc. Board of Directors Former
Worldspan Technologies Inc. Director Former
MAIR Holdings, Inc. Director Former
First American Funds Director Former

Organization Position Status
Lake Pacific Partners, LLC Founder and Managing Director Current
Nash-Finch Company Chairman of the Board Current
Teepak, LLC Director Current
Gladson, Ltd. Director Current
Pilgrim's Pride Corporation Chief Executive Officer Former
McCain Foods Limited Chief Executive Officer Former
Pilgrim's Pride Corporation President Former
Pilgrim's Pride Corporation chief operating officer Former
Lake Pacific Partners, LLC Founder & Managing Partner Former
Booz Allen Hamilton, Inc. Principal Former
Lake Pacific Partners, LLC Successful Business Executive, Entrepreneur and Investor Former
The Hain Celestial Group, Inc. Former
S-Board Ltd. Chairman Former
Pilgrim's Pride Corporation Director Former
Stanford University MBA Degree Former
The University of Texas at Austin Bachelor S Degree Former

Organization Position Status
Manulife Financial Corporation Current
Nash-Finch Company Board of Directors Current
Manulife Financial Corporation Board of Directors Current
Nash-Finch Company Interim Chief Executive Officer Former
Nash-Finch Company U.S. wholesale Former
Nash-Finch Company Chairman Former

Organization Position Status
Harold Friedman Inc. President, CEO & CFO Current
Nash-Finch Company Board of Directors Current
Nash-Finch Company Audit Committee Member Current

"Director since 2007 Before beginning a career in the private sector, Major General (Ret.) Proctor served for nearly 35 years in the United States Army, where he expertly performed in numerous senior logistics management roles including Commander, Defense Personnel Support Center and later Commander, Defense Supply Center, Philadelphia Quartermaster General of the United States Army, and J3, Defense Logistics Agency. General Proctor is a graduate of North Carolina Agricultural and Technical State University and earned an M.A. in Public Administration from Central Michigan University. "

Organization Position Status
Nash-Finch Company Board of Directors Current

Organization Position Status
Nash-Finch Company Board of Directors Current
Nash-Finch Company Corporate Governance Committee Member Current
Pillsbury Former
Comdisco Holding Co. Former

Organization Position Status
Transaction Systems Architects, Inc. Board of Directors Current
Peregrine Financial Group Director Current
Nash-Finch Company Director Current

Mr. Grunewald has been a director since September 1997. From September 1993 to January 1997, Mr. Grunewald served as the executive vice president, chief financial officer and secretary of Polaris Industries Inc., a manufacturer of snowmobiles, all-terrain vehicles and personal watercraft. Mr. Grunewald currently serves as a director and chairman of the audit committee of Restaurant Technologies, Inc., a supplier of full service cooking oil management systems to restaurants and as a director and chairman of the audit committee of Keystone Mutual Funds, a management investment company. Mr. Grunewald also serves on the board of Rise, Inc., a charitable institution providing occupations for handicapped and disabled children, and as a member of the audit committee of the Bethel College Foundation. Mr. Grunewald holds a bachelor s degree in business from St. Cloud State University and an MBA in business finance from the University of Minnesota. Mr. Grunewald holds a certified public accountant (CPA) and a certified management accountant (CMA) designation. Mr. Grunewald is also a certified director as designated by the National Association of Corporate Directors (NACD).

Organization Position Status
Keystone Mutual Funds Chairman Current
Restaurant Technologies, Inc. Chairman Current
Renaissance Learning, Inc. Chairman Current
Restaurant Technologies, Inc. Director Current
Nash-Finch Company Board of Directors Current
Nash-Finch Company Audit Committee Member Current
Nash-Finch Company Corporate Governance Committee Chairman Former

Organization Position Status
A.G. Edwards, a division of Wachovia Securities, LLC. CEO Current
A.G. Edwards, a division of Wachovia Securities, LLC. Board Chairman Current
Nash-Finch Company Board of Directors Current
Nash-Finch Company Corporate Governance Committee Member Current
A.G. Edwards & Sons, Inc. Chairman & CEO Former
The Sons chief executive officer Former
A.G. Edwards Trust Company President Former
A.G. Edwards, a division of Wachovia Securities, LLC. Executive Vice President Former
A.G. Edwards, a division of Wachovia Securities, LLC. Vice Chairman Former
A.G. Edwards, a division of Wachovia Securities, LLC. Board Director Former

"Sam Duncan began his career in 1969 at a Southern California Albertson's store as a courtesy clerk and was promoted to various store management, district management and merchandising positions, eventually being named Albertson's director of operations in 1991. He joined Fred Meyer, a major food and general merchandise retailer, in 1992 as vice president of the grocery department, and was promoted through the executive merchandising ranks. Mr. Duncan was named executive vice president of Fred Meyer's food division in 1997, and in 1998, when Fred Meyer acquired Ralph's Super Markets, Mr. Duncan was named president of the Ralph's division. In 1999, Kroger acquired Fred Meyer (1998 sales: $15 billion). Mr. Duncan was appointed president of Fred Meyer in 2001. Most recently, Mr. Duncan served as president and chief executive officer of Shopko Stores, Inc., a $3.2 billion (2004 sales) general merchandise retailer headquartered in Green Bay, Wisconsin, which he joined in 2002. Shopko's retail operations include more than 360 stores in the Midwest, Mountain and Pacific Northwest regions of the U.S. Shopko announced on April 8, 2005 that it agreed to be purchased by the private equity firm of Goldner Hawn Johnson & Morrison. Mr. Duncan joined OfficeMax in 2005 as president and chief executive officer. Later that year he was unanimously elected chairman by the company's board of directors. "

Organization Position Status
Nash-Finch Company Board of Directors Current
Shopko Stores, Inc. Chief Executive Officer Former
Shopko Stores, Inc. President Former
Albert & Son Ltd. Former

Organization Position Status
Nash-Finch Company Board of Directors Current

Organization Position Status
Nash-Finch Company Board of Directors Current
Procter & Gamble chief marketing officer Former
Molson Coors Brewing Company Senior Vice President of Marketing Former

Executive News

  • Nash Finch Announces Conference Call to Review Companys Second Quarter Results

    Business Wire - 7/16/09 - View Story

  • When a takeover battle goes nuclear

    CNN Money - 7/07/09 - View Story

advertisement
NAFC $32.99 +0.16 (0.49% )
Volume 60,067
Shares Outstanding 12.8M
Market Cap 423.6M
Year High 46.93
Year Low 24.94
Earnings Per Share 3.91
P/E Ratio 8.4373
Dividend 0.72
Yield 2.1825
advertisement