Charlotte.
Position | BankAmerica Corp. appoints Alvaro G. de Molina - Carolina Mills Inc. to close two factories - Food Lion L.L.C. promotes Cathy Green |
MAIDEN -- Carolina Mills will close two factories, which together employed 189, by the end of the month. One plant here, which had 49 employees, made synthetic yarn for hosiery. A Gaston County plant in Ranlo made yarn for apparel and home furnishings. Chinese imports and Hurricane Katrina-related price hikes for petrochemicals were blamed for the closing.
CHARLOTTE -- Alvaro G. de Molina replaced Marc Oken as chief financial officer of Bank of America. Oken, 59, retired. He had been CFO since 2004. De Molina, 48, had been CEO of Banc of America Securities since August. Before that, he had been president of global capital markets and investment banking since April 2004.
SALISBURY -- Food Lion promoted Cathy Green to chief operating officer, a title that had been held by President and CEO Rick Anicetti. She had been senior vice president of retail operations for 600 grocery stores in North Carolina, Virginia, Maryland, Delaware, West Virginia and Pennsylvania. Green, 39, came to Food Lion in 2002 from the Hannaford Bros. grocery chain and has more than 20 years in the industry. Both companies are owned by Belgium-based Delhaize Group.
CHARLOTTE -- Bob Morgan, 41, will replace Carroll Gray, 65, who is retiring in December after 21 years as president of the Charlotte Chamber of Commerce. Morgan has been president of the Gaston County Chamber of Commerce for three years. Before that, he spent 11 years on the Charlotte chamber staff.
Duke Energy wants to sell most of its subsidiary that operates...
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