Published: February 04, 2011
The Great Atlantic & Pacific Tea Company, Inc. Elects Greg Rayburn to the Company's Board of Directors
MONTVALE, N.J. - (BUSINESS WIRE) - Today, The Great Atlantic & Pacific Tea Company, Inc. (A&P, OTC:
GAPTQ) announced the election of Greg Rayburn to the Company's Board
of Directors. He will replace Dr. Jens-Jurgen Böckel, who has resigned
from the Board.
Mr. Rayburn has more than 28 years of experience leading companies and
maximizing enterprise value through strategic and competitive challenges
in a wide range of industries, including retail, freight, manufacturing,
telecommunications, gaming, hospitality, home building and health care.
A&P Chairman of the Board Christian Haub said, "We are pleased to
welcome Greg to A&P's Board. His experience in leading companies through
critical transitions will be invaluable to the Board. I am looking
forward to working with Greg as we continue to execute on A&P's
comprehensive turnaround under Sam Martin's leadership."
Mr. Haub continued, "I also want to thank Jens for his contributions to
the Board over nearly seven years. We wish him well in his future
endeavors."
Most recently, Mr. Rayburn served as the CEO of the New York City Off
Track Betting Corporation, where, at the request of the Governor of New
York, he developed a reorganization plan and led negotiations with State
race tracks and unions. He has also served as CEO of Magna Entertainment
Corporation, Syntax-Brillian Corporation, International Outsourcing
Services, Muzak Holdings LLC and Sunterra Corporation. Earlier in his
career, he was Chief Restructuring Officer of WorldCom - then the
largest U.S. bankruptcy filing to-date.
Mr. Rayburn holds an M.A. in accounting and a B.S. in business and
marketing from the University of Alabama. He is a member of the American
Institute of Certified Public Accountants and serves as an expert
witness in federal and state courts on issues including business
viability, valuation, strategic plan assessment, fraud, damages and
bankruptcy reorganizations.
About A&P
Founded in 1859, A&P is one of the nation's first supermarket chains.
The Company operates 395 stores in eight states and the District of
Columbia under the following names: A&P, Waldbaum's, Pathmark, Best
Cellars, The Food Emporium, Super Fresh and Food Basics.

Investor:
The Great Atlantic & Pacific Tea Company, Inc.
Krystyna
Lack, 201-571-4320
Vice President, Treasury Services
or
Press:
Robinson
Lerer & Montgomery
Eric Andrus or Scot Hoffman
201-571-4453
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