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NRF appoints new Loss Prevention Council chairman

US-based retail trade association The National Retail Federation (NRF) has appointed a new chairman for its Loss Prevention Council.

Dan Faketty, vice president of asset protection at Southeastern Grocers, which until recently was known as B-Lo Holdings, will serve a two-year term overseeing council matters. The council is an association for senior loss prevention executives, runs events and collaborates with other NRF groups such as the CIO Council and Shop.org to develop comprehensive research and bring together industry peers.

Southeastern Grocers is the parent company of the Winn-Dixie, Harveys and BI-LO supermarket chains, and Faketty has been with the company since 2005. He has worked in loss prevention within retail since 1981, and has already served in a number of leadership roles on the LP Council.

The new chairman said: "I am honoured by the nomination to serve as chairman and take the responsibility very seriously.

"Today's retail landscape presents many unique challenges and opportunities, but our best opportunity remains unchanged – to do everything we can to better protect our customers and the industry."

Rosamaria Sostilio, senior vice president for department store chain Hudson's Bay Company, has held the Loss Prevention Council chairmanship for the past two years.