Bergen to continue as CEO of Bon-Ton

YORK, Pa. Bon-Ton announced that its board of directors unanimously agreed to ask Byron Bergren to continue in his role as president and CEO. Bergren’s contract was amended to stipulate he would continue to serve as president and CEO through Jan. 31, 2011 and would serve in an important role to be determined by the board of directors from Feb. 1, 2011 through Feb. 5, 2012.

Tim Grumbacher, executive chairman of the board of directors, commented, “We are very pleased that Bud has accepted the Board’s request to continue in his role as president and CEO. Bud’s vision, leadership and execution continue to guide us through the challenging times we are facing in this very difficult retail environment. We look forward to Bud’s ongoing contributions as we position our company for future growth and profitability.”