Lederer joins Duane Reade as ceo

NEW YORK Duane Reade Holdings has named John Lederer chairman of the board and ceo. From 2001 to 2006, Lederer was the president of Loblaw Companies Limited, a Canadian supermarket chain with more than 1,000 corporate and franchised stores under various operating banners.

"I look forward to this exciting opportunity to build upon Duane Reade's strong operating and financial performance over the past two years," said Lederer. "I am joining a talented senior management team that has directed a very impressive transformation and is dedicated to delivering additional success. I am committed to working with this team to enhance Duane Reade's market leadership position in the New York metropolitan area and to helping the company achieve its primary objective to serve the unique needs of the New York City consumer."

David D'Arezzo, Duane Reade's senior vp and chief marketing officer, who most recently has served the company as its interim ceo, will continue his responsibilities as senior vp and chief marketing officer under Lederer once Lederer becomes ceo.