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Associated Brands Income Fund (TSX: ABF.UN - News) announced today the appointment of Suzanne Shadgett, CA, as Vice President and Chief Financial Officer, effective immediately.
Ms. Shadgett joined Associated Brands in November 2005 as Vice President, Business Development, Planning and Organizational Effectiveness. Before joining Associated Brands, Suzanne was Chief Financial Officer with Radian Communications Services Corporation, an Onex Corporation subsidiary. Prior to being appointed CFO, Suzanne had been Vice President, Finance with Radian since 2002. Prior to that, Suzanne worked with KPMG LLP for 14 years, latterly as Senior Principal in the Toronto office.
"Suzanne is a high energy, focused, disciplined and results-oriented financial professional with over 18 years of experience. She will provide leadership in a team environment, has very strong technical knowledge, and consistently delivers high performance," stated Rob Dougans, President and Chief Executive Officer.
Jim Holland, Vice President and Chief Financial Officer, has left the company to pursue other business opportunities. Rob Dougans commented, "Jim joined Associated Brands as Director of Finance and was integrally involved in the Company's early development and transition to a publicly-traded income fund. I would like to thank Jim for his 15 years' service to Associated Brands. We all wish Jim every success in his future endeavors."
Associated Brands Income Fund (TSX: ABF.UN - News), through its operating subsidiaries, is a leading North American manufacturer and supplier of private-label dry blend food products and household products. Since beginning operations in 1985, Associated Brands has grown to become one of the three largest suppliers of a diverse range of private-label dry-blend food products in North America, producing over eleven million cases annually across multiple product categories currently sold to 44 of the 50 largest North American food retailers. More information can be obtained at www.associatedbrands.com.
Certain statements in this press release may include "forward-looking"
statements which involve known and unknown risks, uncertainties and other
factors which may cause actual results, performance or achievements of
Associated Brands Income Fund to be materially different from any future
results, performance or achievements expressed or implied by such forward-
looking statements. When used in this press release, such statements use such
words as "may", "will", "expect", "anticipate", "project", "believe", "plan",
and other similar terminology. The risks and uncertainties are detailed from
time to time in reports filed by the Fund with the securities regulatory
authorities in all of the provinces and territories of Canada. New risk
factors may arise from time to time and it is not possible for management to
predict all of those risk factors or the extent to which any factor or
combination of factors may cause actual results, performance and achievements
of the Fund to be materially different from those contained in forward-looking
statements. Given these risks and uncertainties, investors should not place
undue reliance on forward-looking statements as a prediction of actual
results.
For further information
please contact Rob Dougans, President and Chief Executive Officer, (416) 503-7012
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Source: Associated Brands Income Fund
Source: CNW Group
All trademarks and copyrighted information contained herein are the property of their respective owners.
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