Schenectady, New York-based Northeast Grocery Inc. – the parent company of Price Chopper/Market 32 and Tops Markets – announced Jan. 19 the upcoming retirement of CEO Scott Grimmett and named former Tops Markets Chairman and CEO Frank Curci to that position. Grimmett’s retirement will be effective in February.
Grimmett is concluding a 48-year career in the retail grocery industry. After 10 years at Price Chopper/Market 32, several of them spent working on the merger between Price Chopper/Market 32 and Tops Markets, Grimmett recently informed the NGI Board of Directors that it was time for him to retire. He plans to spend more time with his family in Arizona.
Grimmett will be working with Curci to ensure a smooth leadership transition and provide consulting in support of the merger integration process.
“We have been extraordinarily fortunate to have Scott Grimmett lead us through the merger process and develop the strategies and plans to move the company forward,” said NGI Board Co-Chair Jerry Golub. “First at Price Chopper/Market 32 and most recently at NGI, Scott has shown exceptional leadership qualities and vision. We wish him the best as he retires.”
“Working at Price Chopper/Market 32 and helping to lead the organization through this merger has been the opportunity of a lifetime. I want to thank all of the teammates and associates at Price Chopper/Market 32 and Tops who have worked so hard to serve our customers, especially during these difficult times. I also want to thank the Golub family for trusting me to shepherd this exceptional company into the next phase of its near century of industry leadership,” said Grimmett.
The NGI Board said it is enthusiastic about Curci’s appointment as CEO. His 40-year career has included a diverse set of C-Suite leadership positions with multiple retail grocery organizations. Among other experiences, Curci spent 14 years as the CEO of Tops, building the organization from the ground up after it separated from Ahold.
He also has led many initiatives that grew the Tops business, such as the acquisitions of 79 Penn Traffic stores in 2010 and 21 Grand Union stores in in 2012.
Curci, who is also an NGI board member, worked together with Grimmett during the merger process and is familiar with the plans in place to move the company forward.
“I’m excited about the future of this company and implementing the plans Scott and I have put in place,” said Curci. “With our now-combined footprint of nearly 300 stores, we are better positioned to leverage increased value for customers, advance shared opportunities for innovation and fortify the depth of our expanded workforce, community and trade partnerships, making us stronger and more competitive.”
NGI’s headquarters remain in Schenectady and Curci will work from those offices. There are no other executive leadership changes.
As previously announced, Blaine Bringhurst serves as president of the Price Chopper/Market 32 business and John Persons as president of the Tops Markets business. Dave Langless, formerly the CFO of Tops, serves as NGI’s CFO.
Price Chopper/Market 32 operates 130 Price Chopper and Market 32 grocery stores and one Market Bistro, employing 18,000 employees in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New Hampshire. The American-owned company was founded by the Golub family in 1932. For additional information, visit pricechopper.com.
Based in Williamsville, New York, Tops Markets currently operates 160 grocery stores in New York, Pennsylvania and Vermont, including five that are run by franchisees. It is the largest private, for-profit employer in Western New York, with more than 14,000 employees. For more information, visit topsmarkets.com.
Frank is a get things done executive. He will stand his ground and look to accomplish a good set of goals.
Great choice, Joel Albrizio