Empire streamlines organizational structure

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STELLARTON – Empire Company Limited today announced the continued streamlining of its organizational structure to further reflect its transition to an operationally-focused grocery retailer with related real estate interests, according to a Canadian Newswire Release.

This follows the October 2013 announcement appointing Marc Poulin as the CEO of both Empire Company Limited and Sobeys Inc.

Paul Beesley, previously the Executive Vice President & CFO of Empire, has been appointed Chief Corporate Development Officer for Sobeys Inc. In his new capacity Beesley will support the CEO in the development of strategic initiatives and growth opportunities.

Beesley, who played an instrumental role in the company's recent acquisition of Canada Safeway, will report directly to Poulin.

François Vimard has been appointed Chief Financial Officer for Empire Company Limited. He will continue to serve in his current capacity as Executive Vice President, Sobeys Inc. where he has responsibility for the company's Finance, Information Technology, Distribution & Logistics, Real Estate and Legal functions. Paul Jewer, Chief Financial Officer, Sobeys Inc. will continue to report to Vimard.

Stewart Mahoney will lead the Treasury and Investor Relations functions for both Empire and Sobeys and will report to Jewer.

These appointments are effective immediately.

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