The Great Atlantic & Pacific Tea Co. has announced that as it sells off its profitable Canadian operations to shore up its troubled US finances, it will bring Eric Claus – currently president of A&P Canada – to the US and president/CEO of the company.
Christian Haub, the current chairman/CEO, will become executive chairman of the company.
Brian Piwek, A&P’s President and COO, is scheduled to retire at the end of July.
Christian Haub, the current chairman/CEO, will become executive chairman of the company.
Brian Piwek, A&P’s President and COO, is scheduled to retire at the end of July.
- KC's View:
- We hope that Claus will be able to spread a little Canadian magic over A&P’s US operations, because they need some help. Very few industry analysts with whom we speak seem to feel that A&P is making the kind of headway it needs to in order to be relevant to the 21st century consumer in some kind of enduring way.
