C&K Market, Brookings, Ore., said Greg Sandeno plans to resign as president and CEO, effective Jan. 31.
While the company seeks a successor, day-to-day operations will be jointly handled by Edward Hostmann, chief restructuring officer, and Rocky Campbell, VP, operations. C&K filed for a voluntary reorganization under Chapter 11 in late November.
Follow @SN_News for updates throughout the day.
The company said Sandeno has agreed to remain with C&K in a consulting role for a few months to assist the company through the reorganization process and to help it finalize its restructuring plan. Sandeno has been president and CEO since mid-2012, when he was promoted from VP and chief operating officer. He joined the chain in 2005 after previously working for Nash Finch Co. and the Fred Meyer Inc. division of Kroger Co.
After closing 15 store locations and selling 15 freestanding pharmacies late last year, C&K now operates 45 stores in Oregon and Northern California.
Read more: C&K Files Voluntary Chapter 11
|Suggested Categories||More from Supermarketnews|