Daniel R. Wegman Named Chairman Of GS1 Management Board

Timothy Smucker, outgoing Chairman, will remain active Board member

 

     BRUSSELS, BELGIUM/LAWRENCEVILLE, NJ, May 17, 2006 – GS1, the not-forprofit organisation that develops global standards for the identification of goods and services across supply chains, has announced the nomination of Daniel R. Wegman to the position of Chairman. Danny's functions took effect on May 17, 2006, at the GS1 2006 General Assembly, in Malta.

He takes over the position held since 2003 by Timothy J. Smucker, Chairman & Co-CEO of The J. M. Smucker Company. Tim will remain a member of the GS1 Board of Directors.  Danny Wegman is CEO of Wegmans Food Markets, Inc., a major regional supermarket chain and one of the largest private companies in the United States.

He graduated with honors from Harvard University in 1969 with a degree in economics. Aside from his activities at Wegmans, he is a former chair of the Food Marketing Institute (FMI) and remains an active member of FMI. He is also a senior member of the Board of Trustees at the University of Rochester, and is involved with United Way and the Hillside Work-Scholarship Connection, a program founded by Wegmans to help reduce the dropout rate in the Rochester (New York) City School system.

Wegmans Food Markets, Inc., a leading supermarket chain in the northeast United States, operates 70 stores with annual sales of $3.8 billion in 2005. The company has built an international reputation for its overall excellence in quality, customer service and variety, and has been named for the ninth consecutive year to Fortune Magazine's list of the "100 Best Companies to Work for in America".

“Danny Wegman is a great leader, in part because he sees not what is, but what can be. This kind of leadership is the right kind of leadership for this organisation at the right time,” said Tim Smucker, outgoing Chairman of the GS1 Management Board.

Miguel A. Lopera, President and Chief Executive Officer of GS1, adds, "We have had the great pleasure of working with Danny Wegman for several years in his role as Chairman of the GS1 United States Board of Governors. His leadership and guidance have served GS1 well there, and we look forward to his influence on the global organisation in his new role."