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C&K Market Inc. plans to emerge from bankruptcy this summer following a hearing scheduled for June 25. The Brookings, Ore.-based grocer filed for Chapter 11 late last year.
In an effort to further regain its footing, C&K has appointed David D. Doty its CFO, and has promoted current COO Karl Wissmann to president.
Wissmann, who was appointed COO in February following the departure of president and CEO Greg Sandeno on Jan. 31, previously headed up Kroger's West Coast Ralph's division.
Doty's most recent role was CFO for Meadow Valley Corp., a Phoenix-based heavy highway civil construction firm, and before that he was CFO of Star Markets Ltd., on the Hawaiian Islands.
“Our employees continue to impress me with their commitment to our customers and the communities we serve,” Wissmann said. “My excitement about the opportunity to grow this independent chain is even stronger than on my first day on the job. We’re poised for success.” Wissmann also noted that he collaborated with Doty in the successful turnaround of Star Markets when Wissman was its president and CEO.
Doug Nidiffer, C&K's chairman of the board, noted that Wissmann's "proven leadership and vision will guide this company into a bright future. We look forward to serving local community needs for many years to come.”
C&K Market operates more than 40 grocery stores under the Ray’s Food Place, Shop Smart and C&K Market banners.