Brookshire Bros. announces leadership changes

LUFKIN, TX. (News Release) - Brookshire Brothers introduces a leadership team that positions the Lufkin-based company for the future.

Jerry Johnson, President and Chief Executive Officer, officially announced the changes Tuesday, September 20th, at the Company's bi-weekly operations meeting. Johnson said, "These promotions are indicative of a strong talent pool within our company. The difficult business climate demands we put the right people in the positions of our company that will increase our strength in a competitive situation." "Brookshire Brothers had a successful FY 2011 and is looking at expanding its company in 2012 as it integrates new systems that will streamline and strengthen it," Johnson added.

At 34, Clay Oliver assumes the post of Chief Financial Officer. Since joining the company in 2004, the Angelina County native has been the Head of the Treasury Department and instrumental in all aspects of Brookshire Brothers' and Polk Oil's financial operations. A number of projects that he initiated have resulted in substantial savings for the company. Of the leadership changes, Oliver says, "Having some relatively young people in key roles situates the company to navigate the new consumer we are facing."

Former Accounting Director Jessica Brown becomes Vice President of Accounting. Brown, who holds a Masters of Business Administration from Stephen F. Austin State University, started with the company as a staff accountant in 1999, worked as a financial analyst and most recently integrated the Polk Oil and Brookshire Brothers accounting. The new corporate officer says, "I am excited to see Brookshire Brothers grow their employees by promoting from within the company."

Lufkin native and Southern Methodist University School of Law graduate Jule Tatum Fenley will now serve the company as its General Counsel. An expert in Employment Law, Fenley has been Brookshire Brothers' Corporate Counsel since 2007 and was previously Of Counsel for the law firm of Fenley & Bate, LLP and served as in-house counsel for Temple Inland Forest Products Corporation and Rosewood Properties.

Keith Williams takes on the position of Vice-President of Petroleum and Convenience Store Operations. Polk Oil's former CFO became part of the Brookshire Brothers Holding, Inc. family in 2007 when the two companies merged. In addition to setting up practices that helped grow Polk Oil during his tenure with the family-owned company, Williams has developed strategies that have resulted in a unified and integrated Accounting department.

Also on the financial end of things, the Board moves Bryan Tyler from Auditor to Director of Treasury. Tyler, a University of North Texas graduate, brings a wealth of finance experience from the banking/lending industry to his position. The North Texas native was also an original member of the Eli Young Band - a national recording country artist.

23-year Brookshire Brothers veteran and former store director Greg Huggins rounds out the promotions. Huggins moves from Auditor to Director of Internal Audit.

Founded in 1921, Brookshire Brothers has 72 retail supermarkets in predominantly rural markets and in the outskirts of the Houston metro area. With 6000 employee-owners in two states, it's also one of the largest retail outlets of Conoco fuel. Brookshire Brothers also operates thirty Polk Pick It Up convenience stores in the markets it serves.