Buffalo, NY – Ahold USA Wednesday announced the immediate resignation of former Tops President and CEO Frank Curci.
The company had planned to transition Curci into a new role as CEO for Giant Food of Landover,Maryland, another Ahold supermarket chain.
The announcement comes amid the company's continued investigation into accounting irregularities uncovered at Tops in May.
Company officials said it was determined that since Curci had oversite of Tops' finances during that period, and failed to prevent trhe irregularities, it was not appropriate for him to remain with Ahold USA.