SCHENECTADY, NY - The end of a successful journey is just as celebratory as the beginning, and Northeast Grocery is currently celebrating both. It was recently announced that Scott Grimmett, Chief Executive Officer of the parent company of Price Chopper/Market 32, will be retiring, and Frank Curci, the former Tops Markets Chairman and CEO, will be taking on his role.
Curci was CEO of Tops Markets for 14 years, according to Albany Business Review. As Grimmett’s retirement becomes effective in February, Curci will become CEO of Northeast Grocery, Blaine Bringhurst will continue as President of Price Chopper/Market 32, and John Persons will continue serving as President of the Tops Markets.
According to a company release, Grimmett announced it was time to retire from the role of CEO so he could spend more time with his family in Arizona.
Grimmett was appointed as CEO of Northeast Grocery following the merger of Price Chopper/Market 32 with Tops Markets this past November, having served the Schenectady-based supermarket company for a decade. Prior to that, he served as President and CEO of Golub Corp.
Jerry Golub, Co-Chair of the Northeast Grocery Board, commented on Grimmett's legacy with the company.
“We have been extraordinarily fortunate to have Scott Grimmett lead us through the merger process and develop the strategies and plans to move the company forward,” said Golub. “First at Price Chopper/Market 32 and most recently at NGI, Scott has shown exceptional leadership qualities and vision. We wish him the best as he retires.”
Price Chopper/Market 32 currently operates a 163-store footprint in New York, Vermont, Connecticut, Pennsylvania, Massachusetts, and New Hampshire, while Tops Markets has 160 locations in the New York, Pennsylvania, and Vermont markets.
As more executive transitions take place within the retail sector, keep a close watch for the next update from AndNowUKnow.