Bi-Lo Names Byars New President, CEO

Michael Byars will take over as president and chief executive officer of Bi-Lo, the retailer said Wednesday.

MAULDIN, S.C. ā€” Michael Byars will take over as president and chief executive officer of Bi-Lo, the retailer here said Wednesday.

Byars, whose appointment is effective Feb. 23, most recently was CEO of Minyard Food Stores, Dallas. He previously was with Tampa, Fla.-based Kash nā€™ Karry, and began his career with Food Lion, Bi-Lo said.

Randall Onstead, who was serving as interim CEO at Bi-Lo since late last year, will stay with the retailer as its chairman.

Read More of Today's Headlines [2]