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Fred’s President and CEO Both Retiring

1/7/2008

Memphis, Tenn. Fred's Inc. on Friday said its president and COO will both retire.

President John D. Reier, 68, and COO Gerald E. Thomson, 58, will leave as part of a planned succession plan, the company said. A new company president, Bruce Efird, began in September, but Reier and Thomson remained during the transition period.

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