No Frills Management to Buy Company from CEO

May 2, 2008

Rich Juro, c.e.o. and chairman of Omaha, Neb.-based independent No Frills, plans to sell thecompany to its current seven-member management team.

The retailer began the process with a letter of understanding between Juro and the managers: Fred Witecy, president and c.o.o.; Steve Moskovits, controller; Lonnie Eggers, v.p., marketing; Kevin Hennessy, v.p. of perishables; Joe Bosco, director of human resources; Bill Brewer, IT director; and Calvin McWilliams, director of operations.

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