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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. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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