Bashas' Restructuring Proceeds Without Proulx

The bankruptcy restructuring at Bashas' here appears on track, and is proceeding without Mike Proulx, who said he was asked to resign as president and chief operating officer, ending his 43-year career with the chain. His ouster was just part of the politics of the Chapter 11 reorganization process, he told SN last week, and I'd rather spend my energy moving forward, onward and upward.

CHANDLER, Ariz. — The bankruptcy restructuring at Bashas' here appears on track, and is proceeding without Mike Proulx, who said he was asked to resign as president and chief operating officer, ending his 43-year career with the chain.

His ouster was “just part of the politics of the Chapter 11 reorganization process,” he told SN last week, “and I'd rather spend my energy moving forward, onward and upward.”

Proulx was succeeded on an interim basis by Darl Anderse

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