SEATTLE, Sept. 26, 2005 (PRIMEZONE) -- Associated Grocers, Incorporated (AG) has announced that President and CEO, Bob Hermanns, has elected to leave the company. The announcement came from AG Board of Directors Chairman, Ron Brake, who has been asked by the Board to assume the role of Interim President and CEO. The AG Board is conducting a search for a replacement to lead the company and carry out the new initiatives started in January of this year.
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"Bob Hermanns has contributed greatly toward the successful turnaround of the company," said Brake. "We thank Bob for his years of service, dedication and leadership. We wish him well in his future endeavors."
Hermanns, who joined the company in July of 2002, said, "It has been a pleasure to lead the AG Team through the many accomplishments we've achieved during my tenure as President, CEO and Vice Chairman of the Board."
Associated Grocers is a full service wholesaler providing food, general merchandise and retail services to stores throughout Washington, Oregon, Alaska, Hawaii, Guam, and the Pacific Rim. Since its founding in 1934, AG has leveraged its group buying power to facilitate the growth of its over 300 retail customer locations. Headquartered in Seattle, Washington, AG procures and distributes a comprehensive selection of perishable and nonperishable commodities including: grocery, meat, produce, deli, natural, specialty, ethnic, service deli, service bakery, health and beauty care, and general merchandise.
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