Fred’s Names New CFO

Fred’s Inc. has named Rick Hans the company’s new evp/chief financial officer, filling the position left open when Jerry Shore, formerly Fred’s chief financial officer, was promoted to CEO in October 2014.

Prior to joining Fred’s, Hans spent 27 years with Walgreen Co. Most recently, he served as vp/investor relations and finance. Hans previously held the positions of director of finance, assistant treasurer and held roles as real estate manager and senior real estate manager, where he was responsible for the development of more than 250 Walgreen drug stores.

“Rick brings a broad background and deep understanding of our total business, which will allow us to better align shareholder value with the potential of our operations,” Shore said.