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Robert Weis stepping down as chairman after 69 years with company

Weis Markets Inc. announced that Robert F. Weis, currently the chairman of the board, will not stand for re-election to its board of directors at the company's annual meeting of shareholders, scheduled to be held April 23. He indicated that his decision not to stand for re-election was motivated by his desire to focus on his health. 

Weis has served as an employee, director or officer since 1946 and was appointed chairman of the board in April 2002. On account of his decision, he is no longer a nominee for election to the board at the annual meeting. The board of directors has not designated a substitute nominee for Weis and has reduced the size of the company's board from six to five, effective at the annual meeting. 

The company also announced that Weis will be appointed, effective following the upcoming annual meeting, to the honorary position of chairman emeritus in recognition of his many years of service to the company. He will continue to serve as an adviser to the company but will no longer participate as an active board member. 

Jonathan H. Weis, Robert's son as well as the current vice chairman of the board and the company's president and chief executive officer, has been elected by the board as its new chairman effective at the annual meeting, provided that he is elected as a director by the shareholders.

"We are deeply indebted to Robert for his 69 years of leadership and tireless dedication to our company," Harold G. Graber Jr., a director and secretary of the company, said in a press release.

"My father's contributions to the growth and development of Weis Markets are far too many to detail," said Jonathan Weis, adding that "throughout the years, I have relied on him for valuable advice, and he has always been available to discuss any detail or issue."

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