A&P names Greg Rayburn to board of directors after Bockel resigns

By Caroline Salls

Pittsburgh, Feb. 4 - The Great Atlantic & Pacific Tea Co., Inc. (A&P) has elected Greg Rayburn to its board of directors to replace Jens-Jurgen Bockel, who has resigned, according to a company news release.

"[Rayburn's] experience in leading companies through critical transitions will be invaluable to the board," A&P chairman Christian Haub said in the release.

Most recently, Rayburn served as the chief executive officer of the New York City Off-Track Betting Corp. Earlier in his career, he was chief restructuring officer of WorldCom - then the largest U.S. bankruptcy filing to-date.

Rayburn holds an M.A. in accounting and a B.S. in business and marketing from the University of Alabama. He serves as an expert witness in federal and state courts on business viability, valuation, strategic plan assessment, fraud, damages and bankruptcy reorganizations.

Great Atlantic & Pacific Tea, a Montvale, N.J.-based operator of supermarkets, filed for bankruptcy on Dec. 12 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 10-25459.

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