SCHENECTADY, N.Y. -- Golub Corp. here, parent company of the 97-store Price Chopper chain, said last week its has named Neil Golub to succeed Lewis Golub, his cousin, as chief executive officer. Lewis Golub has been CEO since 1982, when he assumed company leadership from William Golub, one of the founding brothers of the corporation. Lewis Golub will retain the title chairman and remain actively involved in the company.
. In 1932, Ben Golub, Lewis' father, and his brother William, Neil's father, opened their first supermarket, Public Service Market, in Green Island, N.Y.
More stores followed under the Central Markets banner, and in 1937, Ben and Bill Golub met with other supermarket leaders from around the country to form a national association, the forerunner of the Food Marketing Institute.
Both Lewis and Neil Golub said they are commited to keeping Price Chopper a family company. Neil commented, "We will continue to protect our business from bigger chains that may have deeper pockets." Lewis Golub said he looked forward to the day when the fourth generation of Golubs assume top positions in the company.