Marsh Brings in New CFO

INDIANAPOLIS -- Marsh Supermarkets, Inc. has bolstered the talent pool of the executive suite with some outside talent, appointing John C. Elbin as chief financial officer.

Elbin, a certified public accountant, comes to Marsh with experience outside the retailing industry.

"John brings to us a wealth of experience and expertise in corporate finance, strategic planning, day-to-day operations, accounting, capital investments and marketing," said Don E. Marsh, the regional chain's chairman and chief executive officer. "We look forward to his contributions in identifying business trends and helping shape our future growth and development."

Most recently, Elbin was v.p., c.f.o., secretary and board member for Lilly Industries, Inc., in Indianapolis. He started his career at Price Waterhouse, where he was a senior accountant in the Columbus, Ohio office from 1975 to 1979. For the next 16 years, he held a variety of management positions for Pet Incorporated in St. Louis, including chief financial officer for five years.

Elbin is a graduate of Florida State University, and the Columbia University Executive Program.

Marsh Supermarkets operates 69 Marsh Supermarkets, 38 LoBill Foods stores, 2 Arthur's Fresh Markets, 1 Savin*$, 8 O'Malia Food Markets and 162 Village Pantry convenience stores in central Indiana and western Ohio. The company also operates Crystal Food Services, which provides upscale catering, cafeteria management, office coffee vending and concessions, Primo Banquet Catering and Conference Centers and McNamara Florists and Enflora -- Flowers for Business.
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