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Tim Hammonds, longtime president and c.e.o. of the Food Marketing Institute, has decided to retire.
FMI said Hammonds, only the second chief executive the Arlington, Va.-based Institute has had, "will have served in that role for 15 years." The trade group has formed a search committee to find a successor, with Ron Pearson, chairman emeritus of Hy-Vee, Inc., West Des Moines, Iowa, as committee head.
Speaking on behalf of the FMI board, Steve Smith, chairman of FMI and president and c.e.o. of K-VA-T Food Stores, Inc. in Abingdon, Va., said Hammonds has "ably led the organization during a time of extraordinary change in the industry," and made major contributions to important FMI programs addressing food safety, social responsibility, industry relations, and political action.
FMI's retail membership is made up of large multistore chains, regional firms, and independent supermarkets. Its international membership encompasses 200 companies from over 50 countries.