Weis Markets Appoints Michael T. Lockard as Senior Vice President and Chief Financial Officer
SUNBURY, PA - 2021 appears to be the year of leadership appointments, as Weis Markets too has announced its newest Chief. Michael T. Lockard will be joining the retailer’s ranks as its new Senior Vice President, Chief Financial Officer, and Treasurer. He is succeeding Scott Frost, who has decided to retire.
Lockard brings more than 25 years of senior-level executive experience in retail, supermarket, and supply chain companies to the role. According to a press release, he has spent the majority of his career overseeing strategic planning, finance and accounting, information technology, and global shared services.
“Michael Lockard is a seasoned financial professional with extensive experience in retail, particularly food retail,” said Jonathan Weis, Chairman and Chief Executive Officer. “During his retail career, he has helped drive efficiencies and managed large, multi-discipline financial teams that have been a strong business partner to his respective companies’ merchant, supply chain, and store teams. We are pleased to welcome him to our company and look forward to working with him.”
To ensure a smooth transition, Scott Frost will continue to serve as Chief Financial Officer until March 12 of this year, after which Lockard will assume his new roles. As CFO, he will oversee the day-to-day management of the company’s accounting, auditing, and financial functions and will report directly to Jonathan Weis.
“We are also grateful to Scott Frost, our retiring CFO, and congratulate him on a successful 42-year career with our company,” said Weis. “As CFO, he led our financial unit and developed a capable team that will position us for continued success going forward. We wish Scott all the best in his retirement.”
Cheers to Michael Lockard on this latest step in his career, and we extend those congratulations to Scott Frost on his retirement.