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Marsh CEO Lazaran leaving company; successor picked

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Frank Lazaran, chairman, president and CEO of Marsh Supermarkets Inc., is leaving the company, the Indianapolis-based grocery chain announced Tuesday.

Sun Capital Partners, the Boca Raton, Fla.-based owner of Marsh, installed Lazaran as CEO in October 2006 after it acquired the then-publicly-owned chain for about $325 million and took it private.

Sun Capital said it has already conducted an executive search and hired a successor for Lazaran, but will not announce the new CEO until early May.

Supermarket News, citing unnamed industry sources, reported late Tuesday that former Price Chopper executive vice president Joseph Kelley would replace Lazaran. Price Chopper is a Schenectady, N.Y.-based grocery chain with about 125 locations in six states, mostly in New York.

Lazaran, 54, a 30-year grocery industry veteran, was CEO of Florida-based Winn-Dixie Stores Inc. before taking over at Marsh. His resignation will be effective at the end of April.

In a prepared statement, Marsh said Lazaran informed employees of his decision earlier Tuesday.

“Frank told employees that since the passing of his father this past summer he has realized a need to return to southern California in order to spend more time tending to family matters,” the statement said.

Marsh operates more than 100 stores in Indiana and Ohio, with about half in the Indianapolis area.

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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