ON EXITING CHAPTER 11

SYRACUSE, N.Y. -- Bob Chapman, president and chief executive officer of Penn Traffic, certainly has his work cut out for him as the retail-wholesale grocer works through Chapter 11 bankruptcy. Indeed, no one may be better qualified: Chapman, 53, has spent his entire 36-year food industry career with Penn Traffic, initially working at P&C and later overseeing Penn Traffic's wholesale and franchise

SYRACUSE, N.Y. -- Bob Chapman, president and chief executive officer of Penn Traffic, certainly has his work cut out for him as the retail-wholesale grocer works through Chapter 11 bankruptcy. Indeed, no one may be better qualified: Chapman, 53, has spent his entire 36-year food industry career with Penn Traffic, initially working at P&C and later overseeing Penn Traffic's wholesale and franchise operations -- a business segment that's expected to be a major growth area. Most recently, a

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