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Fairway Markets CEO to retire
New York -- Fairway Holdings Corp., operators of Fairway Markets, announced that CEO Herbert Ruetsch will retire after fifteen years with the company, including the last two years as chief executive. Ruetsch will remain a special advisor to Fairway and continue to provide input into certain merchandising and product initiatives.
William Sanford, president of Fairway, will assume the role of interim CEO while the board undertakes a search for a permanent replacement.