SECURITIES AND EXCHANGE COMMISION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 7, 1996
PATHMARK STORES, INC.
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(Exact name of registrant as specified in charter)
Delaware 1-5287 22-2879612
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(State or other (Commission (IRS Employer
jurisdiction of File No.) Identification No.)
incorporation)
301 Blair Road. P. O. Box 5301, Woodbridge, New Jersey 07095-0315
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (908) 499-3000
Page 1 of 4
The Exhibit Index Appears On Page 3
<PAGE>
Item 5 Other Events
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The registrant today announced that its Board of Directors has named James
Donald, formerly the Senior Vice President and Manager of the Eastern Division
of Safeway, Inc., as its Chairman, President and Chief Executive Officer.
Reference is made to Exhibit 99 hereto, the press release of the registrant
announcing Mr. Donald's naming.
EXHIBITS
Designation Description Method of Filing
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Exhibit 99 News release of registrant, dated Filed with this Report.
October 7, 1996
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized on the date indicated.
PATHMARK STORES, INC.
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(Registrant)
Date: October 7, 1996 By: Marc A. Strassler
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Marc A. Strassler
Vice President
Page 2 of 4
<PAGE>
EXHIBIT INDEX
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Designation Description Page
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Exhibit 99 News Release of registrant, dated 4
October 7, 1996, announcing the
naming of James Donald as registrant's
new Chairman, President and Chief
Executive Officer
Page 3 of 4
Exhibit 99
PATHMARK STORES, INC.
301 Blair Road, P.O. Box 5301, Woodbridge, New Jersey 07095-0915
FOR IMMEDIATE RELEASE CONTACT: Harvey M. Gutman
(908) 499-3205
PATHMARK NAMES JAMES DONALD AS CHAIRMAN, PRESIDENT AND CEO
Headed Safeway Eastern Division; Led Wal-Mart Entry into Supermarkets
Woodbridge, NJ, October 7, 1996 - Pathmark Stores, Inc. announced today that its
Board of Directors has named James Donald, 42, as Chairman, President and Chief
Executive Officer of the 143-store supermarket chain. Donald joins Pathmark
from Safeway, Inc., where he had been Senior Vice President and Manager of the
company's 130-store Eastern Division since 1994.
"Jim Donald is known throughout the industry as one of the brightest of the new
generation of managers in the business with an impressive record of sales and
earnings growth throughout his career," said John W. Boyle, Pathmark board
member who has been interim Chairman and Chief Executive Officer since March.
"As a hands-on, customer-oriented executive, he is an excellent choice to lead
Pathmark's future growth."
Boyle pointed out that in 1991, Donald was handpicked by Sam Walton to build a
major presence in the supermarket busines for Wal-Mart. Starting with six Wal-
Mart Super Centers, Donald was a key executive in Wal-Mart's expansion to a 138-
store chain, supervising all merchandising, distribution, store design and real
estate operations.
Pathmark, which recently announced agreements to put Columbia Federal Savings
Bank branches in 44 of its New York stores and Summit Bancorp in 70 New Jersey
and Pennsylvania stores, is consciously remaking its image. Almost a third of
its stores are the new format, expanded-service Pathmark 2000 stores and
approximately 80 percent of its sales come from stores that were opened,
enlarged or underwent major renovations in the last five years. "We feel that
Jim can step right in and add vigor and enthusiasm to this new direction for the
company," Boyle said.
Donald began his career in the supermarket business in 1971 as a trainee with
Publix Super Markets, Inc. Joining Albertson's in 1976, he quickly rose through
its managerial ranks in its Florida, Alabama and Texas divisions and was head of
Albertson's operations in the very competitive Phoenix area.
Donald commented, "Having participated in the development of Albertson's, Wal-
Mart and Safeway franchises over the last 20 years, I look forward to working
toward the growth of the Pathmark franchise, already one of the strongest in the
northeast.
Pathmark's 143 supermarkets are located in the New York - New Jersey and
Philadelphia metropolitan areas where it has the number one market share under a
single trade name. Pathmark reported supermarket sales of $4.1 billion for its
fiscal year ended February 3, 1996.
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