-- Mr. Thomas B. Perkins has been named Senior Vice President of
Resources and will be responsible for information technology, employee and
corporate services, and logistics. He will retain his executive
responsibilities for Core-Mark's two, third party logistic operations. Mr.
Perkins has served in Core-Mark for the past 14 years in various operating
division capacities.
-- Mr. Christopher L. Walsh, Senior Vice President, will be assuming the
responsibilities for U.S. Distribution (West), overseeing 11 divisions. Mr.
Walsh has served with the Company for the past 12 years in various sales
and marketing executive roles.
-- Mr. Chris Murray has been named Senior Vice President of Marketing and
Vendor Consolidation. Mr. Murray will be responsible for Corporate
Purchasing, Marketing, and will lead the Company's efforts in the vendor
consolidation initiative. Mr. Murray joined Core-Mark three years ago with
a substantial career portfolio in the convenience retailing business.
-- Mr. Scott McPherson has been named Senior Vice President and will
continue his operating responsibilities for U.S. Distribution (East) and
will assume additional responsibilities related to geographic expansion.
Mr. McPherson has served in Core-Mark for the past 15 years in various
operating division capacities.
Along with Mr. Bill Prokop, Core-Mark's President of Canada, these five
individuals will constitute the senior operating executive team.
"These individuals have greatly contributed to the continued progress of
the Company. The Board of Directors, including myself, believes this
realignment will enable Core-Mark to more effectively pursue its mission to
be the premier supplier to the convenience industry in North America," said
Mr. Walsh.
About Core-Mark
Core-Mark is one of the largest broad-line, full-service wholesale
distributors of packaged consumer products to the convenience retail
industry in North America. Founded in 1888, Core-Mark provides
distribution and logistics services as well as marketing programs to over
21,000 retail locations in 45 states and five Canadian provinces through 24
distribution centers, two of which Core-Mark operates as a third party
logistics provider. Core-Mark services traditional convenience retailers,
grocers, drug, liquor and specialty stores, and other stores that carry
consumer packaged goods. For more information, please visit
www.core-mark.com
Core-Mark Safe Harbor
This press release contains information constituting "forward-looking
statements." Forward-looking statements include all statements that do not
relate solely to historical or current facts, and can generally be
identified by the use of words such as "may," "believe," "will," "expect,"
"project," "estimate," "anticipate," "plan," "continue," or other similar
words. These forward-looking statements are based on the current plans,
estimates and expectations of our management and are subject to certain
risks and uncertainties that could cause actual results to differ
materially from historical results or those anticipated. These factors
include, but are not limited to: economic conditions affecting the
cigarette and consumable goods industry; adverse effect of legislation and
other matters affecting the cigarette industry; increased competition in
the distribution industry; our inability to retain and attract customers;
the negative affects of product liability claims; failure of our suppliers
to provide products; increases in fuel prices; the loss of key personnel or
our inability to attract and retain new qualified personnel; currency
exchange rate fluctuations; the negative effects of our reorganization on
our customer, supplier and employee relationships; and our ability to
successfully integrate acquisitions and realize anticipated benefits. See
the "Risk Factors" section included in our Form 10-K, the "Factors That May
Affect Future Operating Results" section in our most recent Form 10-Q and
all of the other information discussed in our filings with the Securities
and Exchange Commission for a discussion of risks and uncertainties that
may affect our business.
These forward-looking statements speak only as of the date of this press
release. We undertake no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
Contact Information: Contact: Ms. Milton Gray Draper Director of Investor Relations 650-589-9445 X3027