SUNBURY, Penn., Jan. 19, 2021 /PRNewswire/ -- Weis Markets
(NYSE:WMK) today announced Michael T. Lockard, a long-time financial retail
executive, will become the Company's Senior Vice President,
Chief Financial Officer (CFO) and Treasurer. He will succeed
Scott Frost, who is retiring.
To ensure a smooth transition, Mr. Frost will continue to serve
as Chief Financial Officer until March
12, at which time Mr. Lockard will assume the role. As Weis
Markets' Chief Financial Officer, Mr. Lockard will oversee the
day-to-day management of the company's accounting, auditing and
financial functions. He will report to Jonathan Weis, Weis Markets Chairman and Chief
Executive Officer.
Mr. Lockard has more than 25 years of senior-level executive
experience in retail, supermarket and supply chain companies,
overseeing strategic planning, finance and accounting, information
technology and global shared services.
"Michael Lockard is a seasoned
financial professional with extensive experience in retail,
particularly food retail," said Jonathan
Weis, Weis Markets' Chairman and Chief Executive Officer.
"During his retail career, he has helped drive efficiencies and
managed large, multi-discipline financial teams that have been a
strong business partner to his respective companies' merchant,
supply chain and store teams. We are pleased to welcome him to our
Company and look forward to working with him."
"We are also grateful to Scott
Frost, our retiring CFO, and congratulate him on a
successful 42-year career with our company," said Mr. Weis. "As
CFO, he led our financial unit and developed a capable team that
will position us for continued success going forward. We wish Scott
all the best in his retirement."
About Weis Markets
Founded in 1912, Weis Markets, Inc.
is a Mid Atlantic food retailer operating 196 stores in
Pennsylvania, Maryland, Delaware, New
Jersey, New York West Virginia and Virginia. For more information, please visit:
WeisMarkets.com or Facebook.com/WeisMarkets.
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SOURCE Weis Markets, Inc.