Schenectady, N.Y. — Price Chopper Supermarkets officially announced today that Jerel T. Golub , current president and chief operating officer of the Golub Corporation, parent company of Price Chopper Supermarkets, will assume leadership as both president and CEO of the progressive 128-store chain effective January 1, 2012. “Jerry” Golub has held positions of leadership in merchandising, marketing and finance throughout his nearly 30-year career with Price Chopper.
At the same time, Neil Golub, the company’s current chief executive officer and chairman of the board, will serve as the longstanding family-managed company’s executive chairman of the board. Neil Golub has held the position of CEO since September 2000 and also served as president from 1982 to 2010. He will continue to have oversight for legal and internal audit functions, while working on 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, who has promoted the concept for decades. “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.
Price Chopper also announced today the addition of Scott Grimmett, who will assume the role of executive vice president and chief operating officer, reporting to Jerry Golub. Grimmett, who most recently served as the president for Safeway’s Denver division, brings with him 37 years of multi-faceted experience in the supermarket
industry.
“I am very excited that Scott will be joining the Price Chopper team,” said Jerry Golub. “We are confident that the considerable experience and proven leadership skills he brings will help us to achieve our long-term goals. “
About Price Chopper
Based in Schenectady, NY, the Golub Corporation owns and operates 128 Price Chopper grocery stores in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New Hampshire. The American owned, familymanaged company prides itself on longstanding traditions of innovative food merchandising, leadership in community service, and cooperative employee relations. Golub’s 23,000 teammates collectively own 52% of the company’s privately held stock, making it one of the nation’s largest privately held corporations that is predominantly employeeowned.
For additional information, visit www.pricechopper.com
Source: Price Chopper