Printer Friendly

TOM E. SMITH HONORED BY FINANCIAL WORLD MAGAZINE

 TOM E. SMITH HONORED BY FINANCIAL WORLD MAGAZINE
 SALISBURY, N.C., March 17 /PRNewswire/ -- Tom E. Smith, president,


chief executive officer and chairman of the board of directors of Food Lion (NASDAQ-NMS: FDLN) has been honored by "Financial World Magazine". Smith was one of 11 chief executive officers awarded the magazine's CEO of the Year Silver Award.
 This marked the 18th year "Financial World" has recognized superior business leadership and achievement among CEOs of public companies with at least $100 million in revenues and/or assets. Judging is done by peers of the CEOs and securities analysts at Wall Street's largest investment houses. More than 2,800 CEOs qualified for consideration.
 This year's CEO of the year is Stanley C. Gault of Goodyear Tire and Rubber Co.
 Smith became CEO of Food Lion in 1986. Since that time, he has been recognized three times by "Financial" World. He was awarded the bronze and silver awards in 1987, the bronze in 1991 and the bronze and silver this year.
 Since Smith took the helm at Food Lion, the company has tripled sales and the number of stores. During 1991, Smith guided Food Lion into a successful expansion into the Dallas/Ft. Worth, Texas, market. The company has remained profitable through this expansion, with earnings rising by 23 percent in 1990 and 19 percent in 1991.
 "Financial World Magazine" was founded in 1902 and has a paid circulation of 500,000. The magazine is published in New York City.
 -0- 3/17/92
 /CONTACT: Mike Mozingo, Food Lion, Inc., 704-633-8250, Ext. 2575/
 (FDLN) CO: Food Lion ST: North Carolina IN: REA SU: PER


JZ -- CH001 -- 8756 03/17/92 11:30 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 17, 1992
Words:280
Previous Article:ST. PATRICK'S DAY DON'T DRINK AND DRIVE REMINDER
Next Article:SURETY CAPITAL ANNOUNCES TERMINATION OF LETTER OF INTENT TO PURCHASE WATAUGA STATE BANK
Topics:


Related Articles
SUBARU SVX WINS AUTOMOBILE MAGAZINE'S ALL-STARS AWARD
COWLES BUSINESS MEDIA, PROMO MAGAZINE IN AGREEMENT TO PURSUE PROMO PURCHASE
COWLES BUSINESS MEDIA COMPLETES PROMO PURCHASE
Bies addresses challenges in retirement savings.
FEI Announces 2008 Hall of Fame Inductees.
Two outstanding financial executives inducted into FEI's 2008 Hall of Fame.
Third annual HOF inductees chosen: Bies, Ruffle.
Bies and Ruffle inducted into FEI's Hall of Fame.
Opera Canada Awards ... at the Carlu in Toronto October 15, 2009.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters