Natural food retailer Wild Oats Markets today (25 October) appointed its chairman, Gregory Mays, interim chief executive while the company searches for a successor to outgoing CEO Perry Odak. The appointment is effective immediately.
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Mays was named chairman of Wild Oats in July, shortly after joining the group.
In a filing with the Securities and Exchange Commission last week, the company revealed that Odak would not serve beyond his current term. Odak and Wild Oats could not agree on the terms of a new contract and Odak resigned on 19 October, the company revealed.
