Weis Markets is losing one of its longest serving executives after the company announced that the chairman of the board is stepping down.
Weis Markets on Friday named Jonathan Weis as company president and CEO. Weis, 46, will also retain his role as company vice chairman.
Weis Markets' board of directors on Thursday declared a quarterly dividend of 30 cents.
Weis Markets on Wednesday reported third-quarter sales of $678.6 million, an increase of 6%. Comparable-store sales increased 6.5% during the thirteen-week period ended Sept. 24.