PENN TRAFFIC TAPS COMPANY VETERAN TO LEAD TURNAROUND

SYRACUSE, N.Y. -- Penn Traffic reached into its own ranks last week to name a new president and chief executive officer.He is Bob Chapman, the first home-grown executive to head the company since Tom Ridge presided over P&C Foods in the mid-1960s. Chapman, 53, has spent all 36 years of his professional career with the company, initially working at P&C and later overseeing Penn Traffic's wholesale

SYRACUSE, N.Y. -- Penn Traffic reached into its own ranks last week to name a new president and chief executive officer.

He is Bob Chapman, the first home-grown executive to head the company since Tom Ridge presided over P&C Foods in the mid-1960s. Chapman, 53, has spent all 36 years of his professional career with the company, 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 gro

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