Bon-Ton ceo to stay on through January '09

YORK, Pa. The Bon-Ton Stores today announced it has amended the employment contract of its president and ceo, Byron Bergren. Bergren will continue to serve as president and ceo through Jan. 31, 2009 and will serve in an important role to be determined by the board of directors from Feb. 1, 2009 through Feb. 5, 2010. In addition, he will continue as a member of the board of directors for the period through Feb. 5, 2010.

Tim Grumbacher, executive chairman of the board of directors, commented, "Our board is very pleased with Bud's vision, leadership and execution since he joined Bon-Ton four years ago. We have great confidence in our strategic initiatives and this new amendment is an important step toward meeting the company's objectives. Bud has been instrumental in the successful integration of Bon-Ton and Carson's, which has positioned our company as one of the largest regional department store operators in the country. I look forward to Bud's ongoing contributions as we work towards realizing the company's plan for future growth and profitability."