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Ethisphere Magazine has named Wegmans Food Markets c.e.o. Danny Wegman to its 2008 list of the 100 Most Influential People in Business Ethics, citing the executive's decision to stop selling cigarettes early last year as the reason for his selection. In 2007 Wegmans made the publication's list of World's Most Ethical Companies.
To create the ranking, the magazine assembled an advisory board of business school professors from around the world. The board worked with Ethisphere editors and writers to choose "100 individuals from around the world that greatly influenced the business ethics realm over the past year."
"With daily headlines reporting scandals and failures, it is sometimes easy to overlook who is standing up for ethical business practices every day," noted the magazine's publisher, Stefan Linssen. "Each year, we recognize those standout leaders who stepped up and made difficult choices to better the business ethics operating environment for their employees, their constituents, the environment and everyone around them."
Other retailers on the 2008 list included Costco's Jim Sinegal and H. Lee Scott of Wal-Mart.
The list appears in the Ethisphere's 4th Quarter 2008 issue.
Rochester, N.Y.-based Wegmans operates 72-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, and Maryland.