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October 06, 2015 1:17 AM ET

Food and Staples Retailing

Company Overview of The Golub Corporation

Company Overview

The Golub Corporation, doing business as Price Chopper, operates discount supermarkets. It offers products in the areas of pharmaceuticals, meat, flowers, cheeses, seafood, and deli products. The company also offers its products online. The Golub Corporation was founded in 1932 and is based in Schenectady, New York. The company has locations in Connecticut, Massachusetts, New Hampshire, New York, Pennsylvania, and Vermont.

501 Duanesburg Road

Schenectady, NY 12308

United States

Founded in 1932





Key Executives for The Golub Corporation

Chief Executive Officer
President and Chief Operating Officer
Age: 56
Executive Chairman and Chairman of Price Chopper
Chief Financial Officer, Senior Vice President of Finance and Treasurer
Chief Technology Officer and Vice President of Technical Services
Compensation as of Fiscal Year 2015.

The Golub Corporation Key Developments

The Golub Corporation Promotes Scott Grimmett to President and Chief Operating Officer

The Golub Corp. announced that Scott Grimmett, who has served as chief operating officer of the Schenectady, New York company since January 2012, has been promoted to president and chief operating officer. Grimmett will continue to report to CEO Jerry Golub. And Neil Golub remains executive chairman of the board of the region's privately-held company. Before joining the Golub Corp., Grimmett spent 37 years with Safeway, including nine years as president of its 143-store Denver division.

Price Chopper to Cut about 80 Jobs in Schenectady, New York

Price Chopper has eliminated about 80 positions from its administrative workforce in Schenectady, New York, as the supermarket chain contends with higher costs, fierce competition and other challenges. The job cuts come through layoffs and attrition and include management, field, clerical and administrative support employees. Laid off employees are being given severance packages, extended benefits and job placement services. No store-level positions were cut. No store-level positions were cut.

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