Scott Grimmett Named President and COO of the Golub Corporation

PRESS RELEASE

(Schenectady, NY) The Golub Corporation, parent company of Price Chopper Supermarkets, Market 32 and Market Bistro is pleased to announce that Scott Grimmett has been named President, Chief Operating Officer (COO) — the first non-Golub in the company’s history to hold the title.

Grimmett will continue to report to Jerry Golub, who will continue to serve as Chief Executive Officer (CEO) of the company. Neil Golub remains Executive Chairman of the Board.

Grimmett joined Price Chopper as Executive Vice President and Chief Operating Officer in 2012, bringing with him 37 years of experience at Safeway, the last nine of which were spent serving as President of that chain’s 143-store Denver division.

“We knew that Scott had the skills to help propel our company forward in an increasingly competitive marketplace and challenging economy,” said Jerry Golub, CEO. “He is an innovative and strategic leader with a customer-centric focus and deep understanding of how to make the shopping experience a true differentiator. He has made a tremendous contribution to the evolution of our brand over the last three years.”

“Scott’s strategic vision has guided the creation of our new brand architecture, which serves as the foundation for our next generation of stores and our transformation to Market 32. And his leadership in implementing and communicating what defines our new brand is helping us to deliver the multi-faceted, progressive shopping experience that the customers of today and tomorrow are seeking,” said Neil Golub, Executive Chairman of the Board. “We are so pleased to value his contributions to our company by further recognizing the integral role that he plays.”