SYRACUSE, N.Y. -- Now that it has named a new chief executive officer, Penn Traffic Co. here said it would end a management consultant contract with its chairman, Robert J. Kelly. According to government filings, Kelly entered into an advisory contract in late June, performing services customarily performed by a CEO, that could have earned him as much as $120,000 every three months. That deal was made approximately three months before former CEO Robert Chapman resigned from the company. Penn ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.