Penn Traffic Picks New Boss

SYRACUSE, N.Y. - The Penn Traffic Co., based here, has appointed Robert Chapman president and c.e.o., according to an Associated Press report.

Chapman had served as the company's v.p. of wholesale/franchise operations since 1999. The appointment is subject to the approval of the U.S. Bankruptcy Court overseeing Penn Traffic's reorganization under Chapter 11. Chapman replaces interim c.e.o. Steven Panagos.

"Bob is an experienced and successful supermarket operator with a strong track record of improving operations and building sales," James Demme, chairman of Penn Traffic's board of directors told AP.

Penn Traffic operates Quality Markets in western New York.
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