SEATTLE–(BUSINESS WIRE)–The Seattle Division of Safeway Inc. announced Phil Defliese, Jr. has joined the company as Vice President Finance, Chief Financial & Administrative Officer.

Defliese is known as an energetic, results-driven leader with over nineteen years of hands-on financial management experience in food and beverage operations, including five as CFO of two diverse companies. As a newcomer to Safeway, Defliese brings with him a fresh perspective and insight about the retail grocery industry.

“We feel very fortunate to have Phil join our Safeway team,” said Greg Sparks, President of Safeway Seattle Division. “With Phil’s extensive background in strategic planning, process improvement, and also mergers and acquisitions, we are positioned to enhance our operations in all areas which we compete.”

Former Vice President Finance, Chief Financial Officer and Treasurer of West Farm Foods and PepsiCo, Inc, Defliese is a graduate of Harvard Graduate School of Business with an MBA and holds a BA English Literature from the University of Notre Dame, Magna Cum Laude. In his spare time, Defliese enjoys outdoor activities with his family, especially camping, hiking and skiing. Defliese is also a committed volunteer in his community and presently serves as an Assistant Scout Master with his local Boy Scout Troop.

Safeway, Inc. is a Fortune 50 company and one of the largest food and drug retailers in North America based on sales. The company operated over 1,700 stores in the United States and Canada and had sales of $32 billion in 2000. The company employs some 200,000 people and its common stock is traded on the New York Stock Exchange under the symbol SWY.

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SOURCE: Safeway, Inc.