Libby Hill To Spin Off Seafood Import & Distribution Business
October 7, 2014 | 1 min to read
Libby Hill Seafood Restaurants is spinning off its seafood import and distribution arm, Bay Hill Seafood Sales, with the business to be purchased and run by Justin Conrad, the third-generation head of the Greensboro-based seafood restaurant company.
Conrad, currently president and CEO of the company his grandfather started in 1953, will resign his position leading Libby Hill once the split is complete, likely by the end of November.
Terms of the deal were not disclosed.
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