Sobeys Inc. appoints Clinton Keay as EVP Finance

Company veteran brings Finance and IT leadership to new role

STELLARTON, NS, Feb. 25, 2014 /CNW/ - Sobeys Inc. today announced the appointment of Clinton Keay, CA, as Executive Vice President, Finance. Mr. Keay will be responsible for leading all areas of the company's finance function including controllership, treasury, tax management, investor relations, financial planning, internal audit and risk management.

Mr. Keay will report to François Vimard, CPA, CA, Chief Financial and Administrative Officer, and will be based at the company's headquarters in Stellarton, NS.

"Clinton's deep understanding of our business gained from his 25 years in both finance and information technology leadership positions makes him uniquely qualified to assume this leadership role," said Mr. Vimard.

Mr. Keay joined Sobeys in 1989 and held a number of progressively senior finance roles including Vice President Accounting and Control and Vice President Finance and Treasurer before being appointed Senior Vice President & Chief Information Officer in 2002. As CIO he led all aspects in the development and execution of the company's information technology strategy.

Mr. Keay began his career with Clarkson Gordon providing audit, tax, valuation and business advisory services for a variety of clients in various business sectors.

A native of Antigonish, NS, Mr. Keay graduated from Saint Francis Xavier University in 1986 with an Honours Bachelor of Business Administration degree and received his Chartered Accountant's designation in 1988.

About Sobeys Inc.
Proudly Canadian, with headquarters in Stellarton, Nova Scotia, Sobeys has been serving the food shopping needs of Canadians for 106 years. A wholly-owned subsidiary of Empire Company Limited (TSX:EMP.A), Sobeys owns or franchises approximately 1,500 stores in all 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton's Drug Stores as well as more than 330 retail fuel locations. Sobeys and its franchise affiliates employ more than 124,000 people. The company's goal is to be widely recognized as the best food retailer and workplace environment in Canada. More information on Sobeys Inc. can be found at www.sobeyscorporate.com.

SOURCE SOBEYS INC.

For further information:

Media Contact
Andrew Walker
Senior Vice President
Communications & Corporate Affairs
Sobeys Inc.
(905) 214-6711

Investor Contact
Stewart Mahoney, CFA
Senior Vice President
Treasury & Investor Relations
Sobeys Inc.
(902) 752-8371 ext. 3499