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    Price Chopper Appoints New Leadership

    Jerel Golub named president/CEO; incoming EVP/COO Grimmett departs Safeway

    A new era of leadership is underway at The Golub Corp./Price Chopper Supermarkets with the executive appointments of a longtime company executive and a veteran supermarket industry leader being seeded in new roles.

    Jerel T. “Jerry” Golub has been named  president and CEO of the Schenectady, N.Y.-based regional supermarket chain effective Jan. 1, 2012, while Scott Grimmett, most recently president of Pleasanton, Calif.-based Safeway’s Denver division, has been named new EVP and COO.

    Jerry Golub, currently COO and president of Price Chopper’s parent Golub Corp., has held increasing leadership positions in merchandising, marketing and finance throughout his nearly 30-year career at the privately held company.

    Neil Golub, who has been Price Chopper’s CEO since September 2000 and was president from 1982 to 2010, as well as currently serving as board chairman, will transition to the post of executive board chairman while continuing to oversee legal and internal audit functions and design concepts for the next generation of Price Chopper stores.

    “It’s gratifying to realize the value of succession planning at all levels of our organization,” said Neil Golub, a longtime proponent of the practice. “In addition to mentoring young talent, succession provides for the continuity of values and collaborative leadership style that are so critical to success,” he added.

    Meanwhile, Grimmett -- a 37-year supermarket industry veteran -- will report to Jerry Golub when he assumes his duties as EVP/COO.

    “We are confident that the considerable experience and proven leadership skills [Grimmett] brings will help us to achieve our long-term goals,” said Jerry Golub.

    The Golub Corp. owns and operates 128 Price Chopper grocery stores in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New Hampshire. Golub’s 23,000 associates collectively own 52 percent of the company’s privately held stock, making it one of the nation’s largest privately held and predominantly employee-owned corporations.
     

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