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FARRINGTON TO BE ELEVATED TO CHIEF EXECUTIVE OFFICER OF HANNAFORD BROS. CO.; MOODY TO STAY ON AS CHAIRMAN

 FARRINGTON TO BE ELEVATED TO CHIEF EXECUTIVE OFFICER OF
 HANNAFORD BROS. CO.; MOODY TO STAY ON AS CHAIRMAN
 SCARBOROUGH, Maine, March 16 /PRNewswire/ -- Hannaford Bros. Co., (NYSE: HRD) today announced that its board of directors has approved a transition plan under which Hugh G. Farrington, president and chief operating officer since 1984, will assume the role of chief executive officer. This change will become effective following the annual shareholders' meeting on May 14, 1992.
 Farrington, age 47, will succeed James L. Moody, Jr., age 60 who has served as chief executive officer since January 1973. Moody will remain as chairman of the board and will continue to devote a significant part of his time to Hannaford's affairs. He will focus on board activities and assist in long-range planning corporate development and external affairs. Under an agreement entered into with the company in 1991, it is anticipated that he will continue in this role until 1997.
 Moody said, "This change represents the culmination of a plan for chief executive officer succession on which the board, Hugh and I have worked for a number of years. Hugh has been with Hannaford for 24 years and has, at one time or another, had responsibility for most of the activities of the company. His experience in merchandising and retail operations is particularly strong. He and the management team we have built will provide the leadership need to continue Hannaford's growth and vitality well into the future."
 Moody added, "I have been fortunate since joining Hannaford in 1959, to have worked for and with people of considerable ability and foresight. In 1991, we achieved sales of over $2 billion and record earnings of over $43 million. Our expansion into New York State, started in 1987, should be profitable in 1992. The Alexander's supermarkets, mostly in New Hampshire, acquired late in 1990, should be profitable this year. Despite the recession, 1992 should be another excellent year for Hannaford."
 "Jim's 19 years as chief executive officer," said Farrington, "have been the most dynamic in the history of the company. During his tenure as chief executive officer, Hannaford's earnings have grown at an annual average compound growth rate of 20.7 percent, which ranks as one of the best in the industry." Farrington added, "Jim has set a high standard for our future. He has a unique perspective on our business, its mission and people. This transition plan ensures that our associates and I will continue to have the benefit of Jim's knowledge, wisdom and counsel."
 A graduate of Bates College, Lewiston, Maine, Moody joined Hannaford in 1959 as controller. He became treasurer in 1961; vice president for corporate development in 1966; executive vice president in 1969; president and chief operating officer in 1971; president and chief executive officer in 1973; and chairman and chief executive officer in 1984. He was first elected a director of the company in 1967.
 He is a former chairman of the board of Maine Medical Center, Portland, Maine, and of the Food Marketing Institute, an international trade association. He currently serves as chairman of the trustees of Bates College. He is a director of Penobscot Shoe Co.; Sobeys Inc.; Hills Department Stores; UNUM Corporation; and a trustee of several of the Colonial Group of mutual funds.
 Farrington joined Hannaford Bros. Co. in 1968 as a management trainee. He became a grocery buyer in 1969, thereafter progressing through several retail management positions including vice president of the Vermont division in 1976. Farrington became vice-president of merchandising in 1977; senior vice president-retail operations in 1980; executive vice president in 1981; and president and chief operating officer in 1984. He was first elected to Hannaford's board in 1981.
 A graduate of Dartmouth College, Farrington has a master's in education from the University of New Hampshire. A former chairman of the Maine Development Foundation and of the Greater Portland Chamber of Commerce, he is currently a trustee of the Maine Medical Center, Portland, Maine. Farrington has also been active in the leadership of the United Way campaign in Greater Portland.
 Hannaford is the largest food retailer in northern New England, operating 88 supermarkets there and in upstate New York. The company also operates 41 drug stores and serves as a food wholesaler to 21 independent food retailers.
 -0- 3/16/92
 /CONTACT: Charles H. Crockett of Hannaford Brothers, 207-883-2911/
 (HRD) CO: Hannaford Brothers, Co. ST: Maine IN: REA SU: PER


TM-DD -- NE008 -- 8204 03/16/92 10:17 EST
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Date:Mar 16, 1992
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