Village Super Market Announces The Passing Of Its Chairman Of The Board William Perry Sumas; Robert Sumas, Chief Executive Officer And Vice Chairman Of The Board Of Directors, Will Be The Interim Chairman Of The Board Until The Board Meets To Appoint A New Chair
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Village Super Market, Inc. (NASDAQ:VLGEA) announced the passing of its Chairman of the Board, William Perry Sumas. Robert Sumas, the CEO and Vice Chairman, will serve as the interim Chairman until a new Chair is appointed.
July 17, 2024 | 8:22 pm
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Village Super Market, Inc. (NASDAQ:VLGEA) announced the passing of its Chairman, William Perry Sumas. CEO Robert Sumas will serve as interim Chairman until a new Chair is appointed.
The passing of a key leader like William Perry Sumas may create short-term uncertainty among investors. However, the appointment of Robert Sumas as interim Chairman provides stability. The stock price is likely to remain neutral in the short term as the market digests this news.
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