PENN TRAFFIC'S TOP EXECUTIVE LEAVES

SYRACUSE, N.Y. -- Penn Traffic Co. here said last week Joseph Fisher, the company's president and chief executive officer, has resigned, further unsettling the company that filed for Chapter 11 bankruptcy protection on May 30.Penn Traffic has named Steven Panagos, currently its chief restructuring officer, interim CEO, and established a CEO search committee consisting of Peter Zurkow, Penn Traffic's

SYRACUSE, N.Y. -- Penn Traffic Co. here said last week Joseph Fisher, the company's president and chief executive officer, has resigned, further unsettling the company that filed for Chapter 11 bankruptcy protection on May 30.

Penn Traffic has named Steven Panagos, currently its chief restructuring officer, interim CEO, and established a CEO search committee consisting of Peter Zurkow, Penn Traffic's chairman; Kevin Collins, the company's audit committee chairman; and two members of i

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