Marc Poulin appointed CEO of Sobeys Inc.

Empire Company Limited's Board of Directors announced the appointment of Marc Poulin as President & Chief Executive Officer of Sobeys Inc. In his new capacity, Mr. Poulin will also serve on the Board of Directors of Empire.

Mr. Poulin replaces Bill McEwan who announced in February his intention to step down from the role. The appointment is effective June 29, 2012.

"We are delighted to have such a seasoned and highly qualified food retailer with a solid reputation across our industry and proven capabilities to lead Sobeys' food focused strategy forward," said Rob Dexter, Chair, Empire Company Limited. "Under Marc's operational leadership our business in Québec has thrived and is widely recognized as amongst the best food store portfolios in North America."

Since joining the company in 1997, Mr. Poulin has held progressively senior positions. He has led the company's operations in Québec since 2001, most recently as President, IGA Operations Business Unit, Sobeys Inc.

Commenting on behalf of Sobey family members of the Empire Board of Directors, Paul D. Sobey said: "As we welcome Marc into his new role within the organization, we must also thank and pay tribute to Bill McEwan for his experienced and principled leadership of Sobeys Inc. over the past eleven-and-a-half years. Our shareholders, employees and the millions of customers across the country who shop in our stores on a weekly basis have directly benefitted from Bill's outstanding contributions in leading this company and in his efforts to advance the interests of the Canadian food industry."

on June 8, 2012