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Fleming, which serves more than 6,800 convenience stores nationwide, said Neal Rider, the company's executive vice president and chief financial officer, has assumed the additional responsibility of leading the company's convenience store distribution operations.
"The convenience store distribution business is among Fleming's fastest growing opportunities," said Mark Hansen, chairman of the board and chief executive officer. "It is important that this key area of Fleming's growth receive special attention. Neal's business development and integration skills, combined with his superior working knowledge of the convenience-store distribution business, give me tremendous comfort that this area of our business will continue on a fast track."
As president of the division, Rider's first priority will be to establish further operational synergies and leverage economies of scale among Fleming's convenience-store divisions. "This is a wonderful opportunity to expand the common operating platform for our convenience store distribution business," he said. "This is critical as we execute our plans to grow this business segment both organically and through acquisitions."
Fleming currently operates dedicated convenience store facilities in Pennsylvania, Illinois, Wisconsin, Minnesota, and Kentucky. Additionally, Fleming serves convenience store businesses from its full-line distribution centers in Lubbock, Texas, and Sacramento, Calif.
Mark Shapiro, senior vice president of finance and control, will assume additional financial duties, including internal audit, tax. Matt Hildreth, senior vice president and treasurer, will continue to focus on the corporate finance, credit management and mergers and acquisition activities for the company.