- Pathmark Stores has named James Moody Jr., the former CEO of Hannaford Bros., to be its non-executive chairman. The company’s former non-executive chairman, Steven Volla, left the company last Friday when his term expired.
- Drugstore.com CEO Kal Raman resigned unexpectedly Friday, after the company predicted a larger-than-expected loss would occur in the second quarter.
The company’s CFO, Robert Barton, reportedly will take over the CEO duties while a search is conducted.
- KC's View: