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Dale C. Henley has announced his retirement from 33-store Haggen Inc. after 14 years as the company’s president/CEO.

The Washington State-based company has launched an executive search for Henley’s replacement; he has promised to stay in the job until a successor is found, but no later than June 30, 2010. After stepping down, Henley will become a non-executive chairman of the board of Haggen and continue as president/CEO of Briar Development Co., a Haggen affiliate that develops and owns real estate.

“While I reach this decision with mixed emotions, I will be 65 in May 2010 and want time to relax and pursue other activities,” Henley said. “I am very excited to begin this new phase of my life. For the last 14 years, it has been a privilege and honor to lead such a fine group of people who have set industry standards in so many areas and accomplished so much for our guests, communities and shareholders.”

“Dale Henley’s leadership and vision has spurred Haggen’s tremendous growth over the past 25 years,” said Don Haggen, co-chairman of Haggen, Inc. “Others may have been intimidated by the thought of adding stores in an industry dominated by national companies, but Dale proved that a grocer with Northwest roots can not only compete but thrive. While Dale will be deeply missed, he has developed a talented management team that will work with him in ensuring a smooth transition.”
KC's View:
Good man. Good company. Wish them both the best.