MONTVALE, N.J. — Supermarket chain A&P, which emerged from bankruptcy in March 2012, has confirmed the departure of president and CEO Sam Martin.
“We all thank Sam for his time at A&P and wish him well in his future endeavors. The company has made tremendous headway since Greg Mays was installed as executive chairman over 14 months ago, and Mr. Mays will continue to serve as executive chairman,” the company said in a statement sent to Drug Store News.
The company added that, “at the appropriate time in the company's 2014 planning process, a new CEO will be identified.”
Martin, a former OfficeMax executive joined A&P as CEO in July 2010, succeeding Ron Marshall, who left the company after serving less than six months at the helm.
While at OfficeMax, Martin served as COO since 2007. Prior to OfficeMax, Martin was COO for Wild Oats Markets through the company's acquisition by Whole Foods. His experience also includes senior management roles at ShopKo Stores and Fred Meyer.