Marsh CEO Kelley Joins Stop & Shop

INDIANAPOLIS — Marsh Supermarkets here said Tuesday that Joe Kelley (right), chairman, president and chief executive officer, has left the company to become president of Stop & Shop's New England division.

Bill Holsworth (left) was named interim chief executive officer at Marsh, effective immediately.

“We appreciate the contributions Joe Kelley made to Marsh during the past year,” said Scott King, senior managing director of Sun Capital Partners, an affiliate of which owns Marsh. “A national search is under way to select a new leader for Marsh, and we hope to make an announcement in the near future.”

At Stop & Shop, Kelley succeeds Mark McGowan, who was promoted to executive vice president, supply chain, Ahold USA. Both appointments are effective May 21.

Kelley had joined Marsh last year after serving as executive vice president at Price Chopper Supermarkets, Schenectady, N.Y. He had previously been with A&P, Bozzuto's and Adams Hometown Markets.

Holsworth has more than 40 years of experience in the supermarket industry. He joined Marsh in 2006 as chief operating officer, and he previously held CEO positions with Lowe’s Food Stores in North Carolina, Finast Supermarket ST in Ohio, and S&H Green Stamps in New York City.