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Village Super Market ( (VLGEA) ) has provided an update.
Village Super Market, Inc. announced a significant leadership transition as Robert Sumas steps down as CEO and interim Chairman, effective December 13, 2024. Sumas, who has been with the company since 1969 and served in top roles including President, will continue as a Senior Advisor and Board member. John J. Sumas is set to take over as CEO, while Nicholas Sumas will become President and Chairman, both having held various leadership positions within the company. The Board also decided not to replace the late William Sumas, reducing board seats from ten to nine.
For detailed information about VLGEA stock, go to TipRanks’ Stock Analysis page.