Meeting Focused on Year's Results and Outlook for Continued Growth
DALLAS, May 15 /PRNewswire/ -- Fleming (NYSE: FLM) held its Annual Meeting
of Stockholders today at the Customer Support Center located in Lewisville,
Texas.
With 89.45% of the Company's outstanding common stock represented in
person or by proxy at the Annual Meeting, the stockholders elected Herbert M.
Baum, Archie R. Dykes, Kenneth M. Duberstein, Carol B. Hallett, Robert S.
Hamada, Mark S. Hansen and Guy A. Osborn to serve as directors for one-year
terms expiring in 2002. The stockholders also approved the appointment of
Deloitte & Touche as independent certified accountants for the year ending
2001 and ratified the Key Executive Retention Plan.
In his keynote address, titled "Measures for Success," Fleming Chairman
and CEO Mark Hansen recapped the significant events of the year and noted,
"The last 12 months have been devoted entirely to pursuing our aggressive and
highly differentiated strategy. Without question, our company is repositioned
for growth."
"Our opportunity lies in our ability to be flexible and to be able to
serve a variety of consumers wherever they shop, both today and tomorrow,"
said Hansen. "I must congratulate our management team and associates on one
outstanding accomplishment after another throughout the year."
Fleming is the industry leader in distribution and has a growing presence
in value retailing. Fleming's primary business is buying and selling
merchandise. The company serves approximately 3,000 supermarkets including
more than 700 North American stores of global supermarketer IGA and other
regional banners, 5,000 convenience stores and nearly 1,000 supercenters,
discount, limited assortment, drug, specialty, and other businesses across the
country. To learn more about Fleming, visit our website at http://www.fleming.com .
CONTACTS:
(Media) Randy Hatcher 972.906.8823
(Investors-Equity) Meredith Anderson 972.906.8592
SOURCE Fleming
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Related links:
http://www.fleming.com
CONTACT:
media, Randy Hatcher, +1-972-906-8823, or
investors-equity, Meredith Anderson, +1-972-906-8592, both of
Fleming
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