Dave Langless, Tops CFO, will become the parent company’s CFO. As previously revealed, Scott Grimmett, current president and CEO of Price Chopper/Market 32, will head up the new parent company, as well as serve on its board of directors with Frank Curci, Tops’ former Tops chairman and CEO.īlaine Bringhurst will be president of the Price Chopper/Market 32 business, and John Persons will be president of the Tops Markets business. Under the agreement, the two companies will be managed locally by their respective leaders and continue to be referred to by their established banners, but will be owned and overseen by a new parent company, Northeast Grocery Inc. With the completion of the regulatory review process and approval received from the Federal Trade Commission (FTC), Price Chopper/Market 32 and Tops Markets have completed their merger, as proposed earlier this year.
Price Chopper/Market 32 and Tops Wrap Up MergerĬombined companies will keep separate brands but create scale, efficienciesįollowing the merger of Price Chopper/Market 32 and Tops Markets LLC, Scott Grimmett, current president and CEO of Price Chopper/Market 32, will head up new parent company Northeast Grocery Inc.
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