VONS NAMES TWO NEW MEMBERS OF THE BOARD
VONS NAMES TWO NEW MEMBERS OF THE BOARD ARCADIA, Calif., Dec. 4 /PRNewswire/ -- The Vons Companies Inc.
(NYSE: VON) today announced the appointment of two new members to its board of directors, Elizabeth A. Sanders and Charles E. Rickershauser Jr. The appointments were made at the Nov. 20 board of directors meeting and are effective immediately.
Sanders, a management consultant, was formerly vice president and general manager of Nordstrom Inc. where she was responsible for the inception and development of the Southern California division, Nordstrom's most profitable division. Her experience also includes founder and director of The National Bank of Southern California. She currently serves on the board of directors of the H.F. Ahmanson Co., Carl Karcher Enterprises and the St. Joseph Health System. Rickershauser is currently chairman of the board of PS Group Inc., a New York Stock Exchange company. He serves on the board of several companies, including City National Corp. and its subsidiary City National Bank, Lee Enterprises Inc. and The Pasarow Foundation. He is also general counsel to the Hospital of the Good Samaritan. A former partner of the Los Angeles office of Fried, Frank, Harris, Shriver & Jacobson, Rickershauser is also a past chairman of the Pacific Stock Exchange. His experience includes commissioner of corporations of the State of California and special advisor to the Division of Corporate Finance, United States Securities and Exchange Commission. "We are extremely pleased to have Ms. Sanders and Mr. Rickershauser join our board of directors. Ms. Sanders' extensive and successful retail experience and Rickershauser's legal experience and familiarity with public companies will serve to complement and strengthen our existing board," said Roger E. Stangeland, chairman and chief executive officer. Sanders and Rickershauser are filling the positions vacated earlier this year by David Bonderman, chief operating officer and vice president, Keystone; and Peter Joseph, chairman and chief executive officer, Rosecliff. -0- 12/4/91 /CONTACT: Mary McAboy of Vons Companies Inc., 818-821-7897/ (VON) CO: Vons Companies Inc. ST: California IN: FOD SU: PER
AL-CH -- LA011 -- 9210 12/04/91 12:36 EST
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|Date:||Dec 4, 1991|
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