Thursday, April 27, 2017
Empire Company Limited has made two senior executive appointments: Michael Vels (pictured, left) is joining the company as executive vice-president and chief financial officer, and Clinton Keay is taking on the role of executive vice-president, technology and lead of the company’s Transformation Office.
Vels will join the company on June 12, and will oversee both Empire and its wholly owned subsidiary Sobeys Inc. in his new role. From 2004-2014, Vels served as Maple Leaf Foods' chief financial officer. His most recent position was as chief financial officer of Hydro One.
Vels is "uniquely qualified for his new role as he understands the Canadian food business and has served on the front lines of important and successful corporate transformation initiatives. He is an accomplished executive, one of the country's most respected CFOs and a highly results-oriented leader," said Michael Medline, president and CEO of Empire.
In his new role, Clinton Keay – who has served as interim chief financial officer since July 2016 – will oversee the company's efforts as it moves to restructure the way it does business. Keay also served as the company's head of IT from 2002 to 2014 before being appointed executive vice-president, finance.
"Clinton is an accomplished leader and is knowledgeable on all fronts of our business. His deep experience in technology and in overseeing important change in our organization will ensure that we drive innovation that will delight our customers,” Medline said.