MILWAUKEE, WI – Roundy’s Executive Vice President and Chief Financial Officer, Darren Karst, is leaving the company on August 9, 2014. Karst will be joining Rite Aid Corporation as its Executive Vice President and Chief Financial Officer.
“Darren has been a great partner and leader during his tenure here at Roundy’s. He has been a significant contributor to our growth and he leaves us with a talented management team that he developed. I will miss Darren and I wish him well in his future personal and professional endeavors,” said Robert A. Mariano, Chairman, President and Chief Executive Officer of Roundy’s.
Roundy’s announced in a press release that Michael Turzenski, current Roundy’s Group Vice President and Chief Accounting Officer, has been appointed Group Vice President, Chief Financial Officer by Roundy’s board of directors.
“We are excited to have Mike Turzenski accept the CFO role. Mike has been an important part of our management team and has played a very active role in executing our business objectives. We envision a seamless transition from Darren to Mike,” said Mariano.
Darren served as the Company’s Executive Vice President and Chief Financial Officer since June 2002. Mike has been the Group Vice President, Chief Accounting Officer since February 2012 and joined Roundy’s as Vice President, Controller in 2007.
AndNowUKnow would like to wish Darren luck on his future endeavors, and congratulate Michael on his new position.
