The current Sobeys president and CEO Bill McEwan is going to retire at the end of the fiscal year. The board of directors for Empire and Sobeys reported this through a newsletter put out on February 8. The news release also stated that mr. McEwan was retiring due to continuous health issues and that the board respectfully supported the decision he had made to retire in may 2012 which is the end of the fiscal year for Sobeys. Mr. McEwan has been the President and CEO of Sobeys for almost twelve years and in those twelve years he has implemented initiatives that ill surely continue to be used far after his retirement. on the news release it also states that the company is currently undergoing the processes of nominating his succesor a task that falls on the human resources department. See the link below to read the actual press release.
http://www.sobeyscorporate.com/App_Themes/SobeysCorporate/media/en/SOBEYS-CEO-TO-RETIRE-NEXT-FISCAL-YEAR.pdf
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