By George Anderson
Frank Curci, chief executive of Tops Markets and Ahold's choice to become chief operating officer at Giant Food, resigned from the company after taking responsibility for $29 million in accounting irregularities.
A company release said, "In Curci's role as CEO he held responsibility for oversight and control of the business. As such Curci and [Ahold USA chief executive William] Grize determined it was not appropriate for him to assume his new role."
Moderator's Comment: How are employee's of Ahold's subsidiaries being affected by the accounting scandals that have hit the company? If you're Bill Grize, what do you do now? [George Anderson - Moderator]