A&P Names Its New CEO - To Begin Work February 8

The Great Atlantic & Pacific Tea Company, Inc. announced the appointment of Ron Marshall as President & Chief Executive Officer effective February 8th.
Marshall brings to A&P the competencies and experiences the company had been seeking since the firing of previous CEO Eric Claus in October. His experience includes leading a public company,  with a track record of  turnarounds. He also has experience in the retail industry and specifically in food retail where he spent more than 12 years in upper management. He also brings an understanding of the Northeast marketplace as well as  previous experience as the President & Chief Executive Officer at Borders Group, the CEO at Nash Finch, and Executive Vice President and Chief Financial Officer of Pathmark. Marshall has also served on the board of organizations including Nash Finch Company and Claire's Stores.

"I am very much looking forward to working with Christian (Haub, acting CEO and Executive Chairman), the Board of Directors and the management team to realize A&P's tremendous strategic potential. I am confident that, together, we will bring A&P back to its leadership position," stated Ron Marshall.

"The Board of Directors and I are very excited about the strengths, competencies and experiences that Ron brings to A&P. He will be the key leader in our turnaround. I'm looking forward to working together with Ron and the Yucaipa team to improve our immediate performance as well as develop strategies to drive sustainable success in the future. With Ron as our next Chief Executive Officer I am confident that we will realize the tremendous strategic value of the Company and capitalize on our leadership position in the Northeast," stated Christian Haub, Executive Chairman.