Winn-Dixie Board Elects Former Borders CEO as Lead Director

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Winn-Dixie Board Elects Former Borders CEO as Lead Director

09/25/2007
JACKSONVILLE, Fla. -- Winn-Dixie Stores, Inc. said yesterday that Its baord elected Gregory P. Josefowicz, the former president, CEO, and chairman of Borders Group, Inc., lead director.

Josefowicz, who joined the Winn-Dixie board last November, is also a director of Ryerson, Inc., Telephone and Data Systems, Inc., and PetSmart, Inc., where he also serves as the lead director.

Winn-Dixie emerged from bankruptcy in November of 2006 with a new slate of eight independent directors and new governance principles that anticipated the selection of a lead director in September of 2007.

"Josefowicz has exhibited leadership on our board and among our independent directors, and has been a valued advisor to me and other members of our senior management team," said Winn-Dixie chairman, CEO, and president Peter Lynch of the board's choice.