Tim Grumbacher is the person most responsible for the growth and success of Bon-Ton over the past several decades. During his leadership, the Company grew from fewer than 10 stores in 1967, to 261 stores presently. His experience, vision and leadership have been tremendous assets to the Company.
I am excited about the board appointment and for the opportunity to lead Bon-Ton to success. We have a strong team in place and I look forward to continuing to drive Bon-Ton forward as we execute our growth and profit improvement strategies to improve the business and enhance shareholder value.
