More Turnover at Penn Traffic Co.

Robert Panasuk, who was named chief executive officer of Penn Traffic Co. here less than a year ago, resigned for personal reasons last week. Penn Traffic, which did not provide additional explanation for Panasuk's resignation, promoted Gregory J. Young as chief executive officer. Young, together with Panasuk, were named co-chief operating officers at Penn Traffic a year ago when Bob

Syracuse, N.Y. — Robert Panasuk, who was named chief executive officer of Penn Traffic Co. here less than a year ago, resigned for personal reasons last week.

Penn Traffic, which did not provide additional explanation for Panasuk's resignation, promoted Gregory J. Young as chief executive officer.

Young, together with Panasuk, were named co-chief operating officers at Penn Traffic a year ago when Bob Chapman resigned as CEO. In December, Panasuk was promoted to CEO.

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