Schenectady, N.Y. (WBNG Binghamton) -- Price Chopper Supermarkets announced in a news release Tuesday that Jerel T. Golub will assume leadership as both president and CEO of the 128-store chain effective January 1, 2012.
"Jerry" Golub, currently serves as president and chief operating officer of the Golub Corporation, parent company of Price Chopper Supermarkets. He has held positions of leadership in merchandising, marketing and finance throughout his nearly 30-year career with Price Chopper.
At the same time, Neil Golub, the company’s current chief executive officer and chairman of the board, will serve as the longstanding family-managed company’s executive chairman of the board. Neil Golub has held the position of CEO since September 2000 and also served as president from 1982 to 2010. He will continue to have oversight for legal and internal audit functions, while working on design concepts for the next generation of Price Chopper stores.
“It’s gratifying to realize the value of succession planning at all levels of our organization,” said Neil Golub. “In addition to mentoring young talent, succession provides for the continuity of values and collaborative leadership style that are so critical to success.”
Price Chopper also announced the addition of Scott Grimmett, who will assume the role of executive vice president and chief operating officer.
Grimmett, who most recently served as the president for Safeway’s Denver division, brings with him 37 years of multi-faceted experience in the supermarket industry.
“I am very excited that Scott will be joining the Price Chopper team,” said Jerry Golub. “We are confident that the considerable experience and proven leadership skills he brings will help us to achieve our long-term goals. “