US: Weis Markets CEO Hepfinger leaves retailer
Hepfinger spent five years at Weis, first as COO and then CEO
Weis Markets chief Dave Hepfinger has left the regional US retailer after four years in the job.
The company, which has 165 stores in five states in the Mid Atlantic region of the US, said yesterday (23 September) Hepfinger had stepped down "to pursue other interests".
Vice chairman Jonathan Weis will take the CEO job on an interim basis. Kurt Schertle, executive vice president for sales and merchandising, will take on extra responsibilities, overseeing store operations and its operations support team.
Hepfinger joined Weis Markets in 2008 from Price Chopper as the company's president and COO. A year later, he became CEO.
SUNBURY, Pa., Sept. 23, 2013 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today announced Company President and CEO David J. Hepfinger has left the company to pursue other interests. Company Vice Chairman Jonathan H. Weis replaces him as interim CEO. Robert F. Weis remains as Company Chairman.
"We thank Dave for his service and contributions and wish him well in his future endeavors," said Mr. Weis.
Mr. Hepfinger has also resigned from the Company's Board of Directors. As part of the reorganization, Kurt Schertle, Executive Vice President, Sales and Merchandising will report directly to Mr. Weis who will also oversee the Company's Real Estate/Store Development, Finance and Human Resources' teams. Until the reorganization is complete, Mr. Schertle will take on additional responsibilities, overseeing Store Operations and its operations support team.
About Weis Markets
Founded in 1912, Weis Markets, Inc. is a Mid Atlantic food retailer operating 165 stores in Pennsylvania, Maryland, New Jersey,New York and West Virginia. For more information, please visit: WeisMarkets.com or Facebook.com/WeisMarkets.
Original source: Weis Markets
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