KMART FORMS COMMITTEE IN CEO HUNT

TROY, Mich. -- Kmart Corp. here has created a board search committee to find a new chief executive for the ailing discount giant.Kmart's chairman.Kmart said the committee will conduct a review of viable candidates to replace Joseph E. Antonini, who resigned under pressure from disenchanted investors earlier this month.As reported, Ronald J. Floto, president of Super Kmart Centers, is considered by

TROY, Mich. -- Kmart Corp. here has created a board search committee to find a new chief executive for the ailing discount giant.

Kmart's chairman.

Kmart said the committee will conduct a review of viable candidates to replace Joseph E. Antonini, who resigned under pressure from disenchanted investors earlier this month.

As reported, Ronald J. Floto, president of Super Kmart Centers, is considered by many to be a strong inside candidate for the top post. Floto, also

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