This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Fairway Group Holdings Corp. Appoints Leadership Team For New Production Center

NEW YORK, July 11, 2013 (GLOBE NEWSWIRE) -- Fairway Group Holdings Corp. ("Fairway") (Nasdaq:FWM), the parent company of Fairway Market, today announced the appointment of two executives who will focus on the Company's new production facility which will serve as the state-of-the-art central commissary, bakery, and produce distribution site with the capacity to support approximately 30 stores.

Mr. Dan Myers joined Fairway as Senior Vice President, Production and Distribution Center and will be responsible for all aspects of operations at Fairway's new approximately 240,000 square-foot production center. Mr. Dennis Tortora joined as Controller, Production and Distribution Center and will be responsible for the facility's financial and operating controls and systems. The Company expects the production center will begin operations in late 2013.

Mr. Myers has years of operations, food manufacturing and distribution management experience, having most recently served as Executive Vice President of Operations for DeMet's Candy Company. Prior to joining DeMet's he served in a variety of roles, including Plant Manager and Vice President of Manufacturing.

Mr. Tortora joins Fairway having most recently served as Chief Financial Officer and Treasurer of Balance Bar. Over his career, Mr. Tortora has held various financial, operational and administration positions.

"We are very pleased to welcome Dan and Dennis to Fairway as we continue our focus on building a team to support our new central production center and our future store growth opportunities," said Charles Santoro, Fairway's Executive Chairman. "We look forward to Dan and Dennis' contributions and believe their extensive food manufacturing, operational and financial experience will help us as we further execute on our mission to provide the best fresh, natural, organic and conventional foods to our customers at great values."

About Fairway Market

Fairway Market is a high-growth food retailer offering customers a differentiated one-stop shopping experience "Like No Other Market ®." Fairway has established itself as a leading food retailing destination in the Greater New York City metropolitan area, with stores that emphasize an extensive selection of fresh, natural and organic products, prepared foods and hard-to-find specialty and gourmet offerings, along with a full assortment of conventional groceries. Fairway is headquartered in New York, New York.
CONTACT: Fairway Group Holdings Corp.
         Nicholas Gutierrez
         Manager of Finance & Investor Relations
         (646) 616-8103
         nicholas.gutierrez@fairwaymarket.com

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs