American Stores
Executive Summary
Search committee to select a replacement for retiring Chairman and CEO L.S. Skaggs formed Committee is comprised of four non-management directors. Board also authorizes expansion of membership from 10 to 18 members and elected five of the new members, including: Osco Sav-On Chairman and CEO Richard Scott, Alpha Beta Stores Chairman and CEO Dennis Eck, and Alpha Beta Stores Vice Chairman and American Stores Executive VP Victor Lund, who was also elected president and CFO of American Stores.