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Giant Food Stores and Ahold Financial Services said yesterday that Kris Murphy has been promoted to v.p. of process performance and internal controls for U.S. retail, and Wade Bucher has been named v.p. of audit for U.S. retail.
Murphy had handled process performance and internal controls within Giant-Carlisle and Ahold Financial Services, but, following consolidation, she will now oversee all Ahold USA internal control activities, including those at Stop & Shop and Giant-Landover. A CPA, Murphy has worked for several Ahold companies in various positions, among them internal audit, merchandising financial analysis, process improvements, system integrations, and internal controls.
Also a CPA, Bucher last served as senior director of internal audit for Giant-Carlisle and Ahold Financial Services. In his new role he will head up the further integration of the Ahold USA Internal Audit Team; the coordination with other governance, risk management, compliance, and internal control functions within U.S. Retail; and the coordination of audit activities. Before joining Ahold Internal Audit in 2005, Bucher held various leadership positions in internal audit, accounting, and external audit.
Giant operates stores in Pennsylvania, Maryland, Virginia, and West Virginia under the Giant Food Stores, Martin's Food Markets, and FoodSource banners.