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Food Lion names new finance vp

8/27/2007

SALISBURY, N.C. Food Lion has named Maria Lowder vp of financial planning and investment analysis. In this new role, she will report to Carol Herndon, evp of accounting and analysis and information technology.

Lowder will lead the investment analysis team in their ongoing initiatives to support corporate strategy in optimizing the return on investments and maximizing shareholder value. In her most recent role as director of financial planning and analysis, she developed and led the work of the company's strategic planning and forecasting team and will continue to do so in this new position.

"Maria's technical strengths in accounting and finance, coupled with her broad understanding of the business, commitment to partnership and service, organization and process skills, objectivity and consistent demonstration of leadership, position her for continued success in her new role," said Herndon. "I am thrilled to announce her promotion to vp of financial planning and investment analysis."

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