Giant Eagle has been a family run business for many decades, but the supermarket chain is changing course with the departure of longtime chief executive Laura Shapira Karet.
The O’Hara-based grocer has appointed Bill Artman as interim CEO to replace Shapira Karet, who has led the chain for 11 years.
Giant Eagle announced late Tuesday afternoon that the board determined to separate with Shapira Karet, “pursuant to her contract.” Spokesman Dick Roberts did not elaborate on the decision.
Laura Shapira Karet succeeded her father, David Shapira, as CEO of the privately held business in 2012. At the time, she said her goals were to expand beyond the company’s four-state footprint of Pennsylvania, Ohio, West Virginia and Maryland it then served.
To read the rest of the story, please go to: Tribune Review