Wisconsin-based supermarket group Fresh Brands has announced the resignation of its CFO Armand Go, effective 23 August.
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Go is planning to seek a position that will allow him to spend additional time with his family, the firm said.
Elwood Winn, president and CEO, said: “Over the past ten years, Go has made a tremendous contribution to Fresh Brands. He played important roles in the creation of our holding company structure and the successful completion of our June 2001 acquisition of Dick’s Supermarkets.”
“I’d like to emphasize that Armand’s decision is not related to any accounting issues,” added Winn.
Go commented: “I have certainly enjoyed my ten years with the company and regret having to leave at this point in the company’s development. However, the demands of the office were significantly impacting my personal life and my family. I simply came to the realisation that I should resign my position with Fresh Brands for these personal reasons and spend some time re-evaluating my priorities.”
Fresh Brands has initiated a search for a new CFO. During the interim period, Winn, who served as CFO from May 2000 to December 2000, will assume the additional duties until a replacement is named.
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