Bon-Ton Extends Bergren Contract
July 30, 2007,
The Bon-Ton Stores has amended the employment contract of president and ceo Bud Bergren. He will continue to serve in his present capacity through Jan. 31, 2009. Afterward, he will serve in "an important role" to be determined by the board for a period ranging from Feb, 1, 2009 through Feb. 5, 2010. In addition, Bergren will maintain his seat on the board through the full period.
Tim Grumbacher, executive chairman, noted, "Bud has been instrumental in the successful integration of Bon-Ton and Carson's, which has positioned our company as one of the largest regional department store operators in the country."