Fairway Group Holdings Corp. Appoints Leadership Team for New Production
Company to Add Food Manufacturing, Distribution and Financial Operations
NEW YORK, July 11, 2013 (GLOBE NEWSWIRE) -- Fairway Group Holdings Corp.
("Fairway") (Nasdaq:FWM), the parent company of Fairway Market, today
announced the appointment of two executives who will focus on the Company's
new production facility which will serve as the state-of-the-art central
commissary, bakery, and produce distribution site with the capacity to support
approximately 30 stores.
Mr. Dan Myers joined Fairway as Senior Vice President, Production and
Distribution Center and will be responsible for all aspects of operations at
Fairway's new approximately 240,000 square-foot production center.Mr. Dennis
Tortora joined as Controller, Production and Distribution Center and will be
responsible for the facility's financial and operating controls and
systems.The Company expects the production center will begin operations in
Mr. Myers has years of operations, food manufacturing and distribution
management experience, having most recently served as Executive Vice President
of Operations for DeMet's Candy Company. Prior to joining DeMet's he served in
a variety of roles, including Plant Manager and Vice President of
Mr. Tortora joins Fairway having most recently served as Chief Financial
Officer and Treasurer of Balance Bar.Over his career, Mr. Tortora has held
various financial, operational and administration positions.
"We are very pleased to welcome Dan and Dennis to Fairway as we continue our
focus on building a team to support our new central production center and our
future store growth opportunities," said Charles Santoro, Fairway's Executive
Chairman. "We look forward to Dan and Dennis' contributions and believe their
extensive food manufacturing, operational and financial experience will help
us as we further execute on our mission to provide the best fresh, natural,
organic and conventional foods to our customers at great values."
About Fairway Market
Fairway Market is a high-growth food retailer offering customers a
differentiated one-stop shopping experience "Like No Other Market^®." Fairway
has established itself as a leading food retailing destination in the Greater
New York City metropolitan area, with stores that emphasize an extensive
selection of fresh, natural and organic products, prepared foods and
hard-to-find specialty and gourmet offerings, along with a full assortment of
conventional groceries.Fairway is headquartered in New York, New York.
CONTACT: Fairway Group Holdings Corp.
Manager of Finance & Investor Relations
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