Portland observer. (Portland, Or.) 1970-current, January 05, 2011, Page 7, Image 7

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    January 5, 2011
jdortlanb (Dbseruer
Executive Builds on
Leadership Role
Named CEO of locally-
owned New Seasons Market
Lisa Sedlar has been pro- knowledgeable staff members
moted to Chief Executive Of- whose dedication to taking care
ficer of New Seasons Market, of our customers and each
the locally owned and oper- other is inspiring. We are for-
ated grocery store chain with tunate to live in a place where
deep roots in the community, people care about how and
Sedlar joined New Seasons where our food is grown. To-
as president of the company in gether with our local farmers,
2005 and has since led daily fishers and ranchers, we are
operations and been instru- strengthening our regional food
mental in the develop­
ment of new stores and
programs.
“Lisa has done a fan­
tastic job in her role as
president and her pro­
motion to CEO is an
official
acknow­
ledgement of the lead­
ership role she already
plays in the company
and the community,”
said Brian Rohter, New
Seasons chairman of
the board.
Sedlar is a formally
trained chef and has
worked in retail food
markets for more than
20 years, starting as a
grocery clerk and
working as a depart­
ment manager, store
chef, director of pur­
chasing and vice presi­
dent of sales and mar­
keting.
_____ _
She joined New Sea- Lisa Sedlar has been Promoted to
sons Market as Presi- Chief^ t i v e Officer for the locally-
dent in 2005 and since
N&W SeaS°nS Market
then has led daily operations
and been instrumental in the
development ofnew stores and
programs.
Sedlar is deeply involved in
the local community, serving
on the boards of the Oregon
Food Bank, the Sustainable
Business Network of Portland
and the Portland Public Mar-
ket. She also serves on the
business advisory committee
of the Food Alliance and is a
member of the Oregon
Women’s Forum.
“This is truly a labor of love
for me, said Sedlar. “I am
happy and honored to work
with the friendliest and most
economy for generations to
come.”
Rohter, the com pany’s
former CEO, retired from his
board position in January,
. “He and our founders helped
create a sustainable company
that is a model for other busi-
nesses. I am thankful for the
opportunity to have worked so
closely with Brian and look
forward to building on his vi-
sion for creating a progressive
workplace and supporting our
local community.” said Sedlar.
Founded by three Portland
families, New Seasons Mar-
ket has 10 locations across the
Portland-metro area.
Page 7
Dollars $ense —
10 financial resolutions for the New Year
Each year, millions o f us make resolutions to change
our lives in the coming year. Losing a few pounds and
quitting smoking are some o f the most common New
Year s resolutions. This year, how about making a
pledge to improve your finances?
According to the personal financial planning ex­
perts at the Oregon Society o f CPAs the most important
aspect to improving your financial position is to have
a plan and stick to it. Follow these steps to get started:
you should save is approximately 10 percent; Ameri­
cans are currently hovering around 5.8 percent as a
personal savings amount. To boost your savings rate,
set up an automatic deduction from either your pay-
check or checking account to a high yield savings
account.
6. Max out your retirement options
The earlier you start saving for retirement, the better.
If your employer offers 401 (k) matching, be sure to take
1. Create a budget
advantage of this opportunity for free money. If you’ve
A budget doesn ’ t have to be a complicated mathemati­ already maxed out your 401(k), consider a traditional
cal calculation. Determine your income and expenses or Roth IRA. The maximum 401 (k) and IRA contribu­
for each month by reviewing your checkbook, bank tion limit in 2010 is $ 16,500 (pre-tax). If you are more
statements, and receipts for the last year. Don’t forget than 50 years old, the maximum contribution is $22,000.
that little things add up, so track what you spend in
cash for 30 days. You 11 be able to see where your 7. Make a will
No one likes to think about dying, but a will can ensure
money is going and make the appropriate changes.
that your assets will be divided according to your
2. Reduce your expenses
wishes. You will want to make decisions about who
Spending less is easier than earning more, so take should have your power of attorney in case you are
advantage of every opportunity to save money. Clip incapacitated. Don’t let the government decide who
coupons, buy off-season, and avoid impulse pur­ will care for your family or how your assets will be
chases. Don’t forget that small changes add up. Sav­ allocated. This is also a good time to review your
ing $2 a day at the vending machine puts $500 a year insurance coverage.
back in your pocket. Where can you make other cuts?
Take a look at your cell phone or cable/satellite TV 8. Donate
bills. Bundle services for a lower monthly rate or cut Extend the season of giving all year round by contrib­
uting something from each paycheck to a charity you
back on channels and features you don’t use.
support. Giving helps focus on others and keeps
3. Create an emergency fund
finances in perspective.
Unplanned expenses happen. Whether it’s a trip to the
emergency room, a car accident or a layoff at work, 9. Raise your tax IQ
having an emergency fund can save you from borrow­ Probably the most important, but under-planned, fi­
ing money when the unexpected occurs. Experts sug­ nancial action for most people is related to taxes.
gest setting aside three to six months of living ex­ Whether it is your paycheck withholding or taking
advantage of the $3,000 a year capital loss provision,
penses for when you need it most.
you must plan year round for taxes. IRS.gov is a good
4. Pay down your debt
starting point to maximize your refund.
If the economic downturn caused you to be a little more
reliant on paying with plastic, consider this: paying off 10. Educate yourself
a credit card charging 17 percent annual interest is Financial literacy equals financial freedom. The Ameri­
equivalent to investing money with a before-tax, guar­ can Institute of Certified Public Accountants’ 360 De­
anteed return of almost 20 percent. Use your cash for grees of Financial Literacy website will help you make
more worthwhile purposes than paying the credit card sound financial decisions in every stage of your life.
company.
Resolve today to make decisions that will improve
5. Save more
your financial strength in 2011, and you’ll be on your
A benchmark for how much of your personal income way to achieving your goals.
U U M I I U 19« i l IN V M M H f NTMIT
M IT iM t M T TOMORROW
City
ol
Portland B uftau of
Planning and Sustainability
Sam Adams. M ayor
Susan A n d »'» »« , o ry<ior
A W A R D S
Application period opens January 17
The City o f Portland's Sustainable Business Aw ards fo r Practices, Projects a n d Products
that Exemplify Social, E nvironm ental a n d Economic Sustainability
w w w .bestbusinesscenter.org'
info@ bestbusinesscenter.org-, 503-823-7037