The Great Atlantic & Pacific Tea Company has appointed Frederic Brace to the newly created role of chief administrative officer.
Effective immediately, Brace will oversee A&P’s finance and accounting, real estate and information systems departments, reporting to president and CEO Sam Martin.
“Over the last year, Jake Brace has provided critical insight to the company on a range of important issues as a member of our board of directors,” Martin said. “I am pleased that he has agreed to join A&P’s executive management team and am confident that his strategic and financial expertise and successful turnaround experience will be extremely valuable as we take the steps necessary to position the company for a strong future.”
Brace, 52, has around 25 years of financial management, strategic planning and operational experience, and spent 20 years at United Airlines, where he held a variety of executive management positions, most recently as United’s executive vice president and CFO.
The appointment is the latest addition to the new executive team currently being assembled under Martin, who last week announced the appointment of Paul Hertz as A&P’s EVP of operations.