SCHENECTADY, N.Y. — Scott Grimmett has been named chief executive officer of Golub Corp., which owns the Price Chopper supermarket chain, taking over for Jerry Golub.
Grimmett, 57, has led the transformation of Price Chopper to the Market 32 brand, a costly, multiyear strategy designed to keep the chain competitive as it fends off the likes of Walmart, ShopRite and deep discounters in the six Northeast states where it has 136 stores.
Grimmett was named company president last year, becoming the first person in that role who isn’t a member of the Golub family.
In his new role, he will be responsible for day-to-day operations and influence the strategic direction of the company. Grimmett, the company said, will report to the board of directors through Neil Golub, who remains executive chairman.
“While international conglomerates and Wall Street continue to consolidate our industry, we are investing in our future as a strong, American-owned, family-built regional chain,” Neil Golub said in a prepared statement.
“The design work that we invested in Market Bistro (circa 2010-2014), coupled with the brand-defining innovation that has given rise to our first few Market 32 concept stores has not only laid the groundwork for our continued growth but also fueled the acceleration of our plans to modernize our stores under the Market 32 banner.”