McLane Grocery Names New President

(BRK.A), (BRK.B)

Berkshire Hathaway’s McLane Company, Inc., a leading supply chain services company providing grocery and foodservice solutions, has appointed Chris Smith as its new President of McLane Grocery, a $33 billion business unit providing supply chain solutions to over 70,000 retailer locations.

Before joining McLane Company, Smith worked at Walgreens Boots Alliance, a global leader in retail pharmacy, as the Senior Vice President – Chief Supply Chain Officer. He oversaw supply chain functions for 9,200 U.S.- based Walgreen stores through 16 distribution centers and 9,000 warehouse employees. Before Walgreens, he served as the Executive Vice President – Chief Supply Chain Officer at C&S Wholesale, the largest grocery wholesaler in the country. Smith has also held senior leadership positions in distribution and logistics with McKesson Corporation, a Texas-based leader in healthcare.

“We are very pleased to have Chris join our team,” said McLane Company CEO Tony Frankenberger. “He brings a wealth of supply chain and logistics leadership experience across diverse industries that will contribute to many areas of our business.”

Smith has a Bachelor of Arts in Economics from the University of Massachusetts Amherst and serves on the board of Phillips Pet Food & Supplies.

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

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