said Christian Haub will become the company's next chairman of the board, replacing James Wood, who is retiring April 30.

Haub is currently the supermarket chain's president and chief executive. He will continue to hold his current positions in addition to his new title. Haub will assume the post of chairman May 1.

A&P, which is based in Montvale, N.J., owns stores under several names, including A&P, Super Fresh, Sav-A-Center and Farmer Jack.

Shares of A&P closed at $9.06, down 3 cents, or 0.3%, on the

New York Stock Exchange

this afternoon.