It seems there is no end in sight to the new appointments in retail—and we here at Deli Market News certainly aren’t complaining. Weis Markets has a new Chief lined up to join its ranks, a Michael T. Lockard, who will be named Senior Vice President, Chief Financial Officer, and Treasurer.
According to a press release, Lockard brings more than 25 years of senior-level executive experience in retail, supermarket, and supply chain companies to the role. He has spent the majority of his career overseeing strategic planning, finance and accounting, information technology, and global shared services. As CFO, he will oversee the day-to-day management of the company’s accounting, auditing, and financial functions and will report directly to Jonathan Weis.
“Michael Lockard is a seasoned financial professional with extensive experience in retail, particularly food retail,” said Jonathan Weis, 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.”
Lockard will be succeeding Scott Frost, who has decided to retire. To ensure a smooth transition, Frost will continue to serve as Chief Financial Officer until March 12 of this year, after which Lockard will assume his new roles.
“We are also grateful to Scott Frost, our retiring CFO, and congratulate him on a successful 42-year career with our company,” said 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.”
We congratulate Michael Lockard on this next step in his career and wish all the best to Scott Frost in his retirement!