CHANDLER, Ariz. — Bashas' here said late yesterday Mike Proulx has retired as president and chief operating officer after more than 40 years with the company, effective immediately.
Succeeding him on an interim basis is Darl Andersen, the chain's retired chief financial officer, who returned to Bashas' in mid-August to serve as chief restructuring officer while the company works through a Chapter 11 bankruptcy filing.
Bashas' said when it filed in mid-July that it expects to emerge during the first quarter of 2010. It has already closed 15 of its original 158 stores, with plans to close 14 more by mid-October.
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