US retailer Winn-Dixie Stores has announced that Bennett L. Nussbaum has been appointed senior vice president and chief financial officer.

Winn-Dixie said Nussbaum succeeds Richard P. McCook, who has resigned, effective immediately, after 20 years with the company. 

Nussbaum most recently served as executive vice president and CFO of fastfood giant Burger King.

Winn-Dixie, which operates more than 1,000 stores in the US, recently posted an unexpected net loss of US$79.5m, or 57 cents per share, for the second quarter to 7 January, compared to a year-earlier net profit of $91.4m, or 65 cents per share.

Winn-Dixie is now facing investor lawsuits alleging that the company failed to disclose financial problems.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.