Harris Teeter 1999 Annual Report Download - page 10

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6
Ruddick Corporation and Subsidiaries
AT YEAR END
At Ruddick, we have reflected on the many profound changes that have taken place in the retail and man-
ufacturing business environments, both in the U.S. and internationally. Ruddick Corporation’s management
and directors are keenly aware of our responsibility to continually increase shareholder value.We reiterate our
commitment to pursuing any and all opportunities to do this, while at the same time dedicating our day-to-
day efforts towards building the value of our two successful market leaders.
At our November 1999 board meeting, our directors elected John Woodlief, previously Managing Partner
of the Charlotte office of PricewaterhouseCoopers, to Ruddick’s executive team as chief financial officer. John
joins Ruddick as Richard Brigden,Vice President of Finance since 1983, prepares to retire in early 2000.We
welcome John and express our wholehearted appreciation to Dick for his many years of invaluable service.
As we come to the end of an eventful and fruitful year, we look back with satisfaction on the accom-
plishments of both of our subsidiaries.We thank all of our associates, shareholders and friends for their support
and we look forward with excitement to the challenges of a prosperous new millennium.
Alan T. Dickson Thomas W. Dickson
Chairman of the Board President
December 10, 1999