Publix promotes Gino DiGrazia to vice president of finance, replacing Kelly Underhill, who is retiring

Cindy Allen

LAKELAND, Florida , May 16, 2012 (press release) – Publix Super Markets Inc. announced today a promotion for Gino DiGrazia to Vice President of Finance. In addition to his current responsibilities for business analysis and reporting (BAR), DiGrazia assumes many of the responsibilities previously held by Kelly Underhill, director of tax and treasury, who retired from Publix on March 30, 2012 after 22 years of dedicated service.

“Developing our leaders for future opportunities is important to our long-term success,” said CFO David Phillips. “I am pleased we have leaders like Gino who are prepared to take on new roles.”

DiGrazia joined Publix in 1992 as manager of BAR. In 1997, he was promoted to director of BAR and in 2002 was named vice president and controller, BAR. Prior to joining Publix, DiGrazia was an audit manager with Deloitte & Touche in Tampa. He graduated summa cum laude from Ohio State University in 1984 with a double major in accounting and finance and is a certified public accountant.

Publix is privately owned and operated by its 151,500 employees, with 2011 sales of $27.0 billion. Currently Publix has 1,051 stores in Florida, Georgia, South Carolina, Alabama and Tennessee. The company has been named one of FORTUNE’s “100 Best Companies to Work For in America” for 15 consecutive years. In addition, Publix’s dedication to superior quality and customer service is recognized as tops in the grocery business, most recently by an American Customer Satisfaction Index survey. For more information, visit the company’s website, www.publix.com.

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