A&P Elects Financial Adviser to Board

The Great Atlantic & Pacific Tea Co., Inc. (A&P) has elected Thomas Casey to the company’s board of directors. Casey now holds the open board seat previously filled by Frederic F. “Jake” Brace, A&P’s recently appointed chief administrative officer.

Bringing to the position more than 24 years of experience in financial management and strategic planning, Casey has acted as a strategic financial adviser to some of the world's largest companies in the retail entertainment, food and drug, convenience store, food wholesale and foodservice industries. While at Deutsche Bank Securities Inc., he oversaw the banks’ retail industry relationships in North America. Casey has also held financial and investment banking post at Citigroup, Merrill Lynch, Blockbuster and Dillon Read & Co.

In revealing Casey’s presence on the board, A&P executive chairman Christian Haub noted that “his extensive financial knowledge and experience [would] help us lead our comprehensive turnaround.”

Montvale, N.J.-based A&P operates 429 stores in eight states and the District of Columbia under the following banners: A&P, Waldbaum's, Pathmark, Best Cellars, The Food Emporium, Super Foodmart, SuperFresh and Food Basics.