CEO of Bankrupt Ames Stores Resigns Post
HARTFORD, Conn. —
Bankrupt Ames Department Stores Inc. today announced that its chief executive officer, Peter B. Hollis, has resigned and been replaced by Stephen L. Pistner.
Pistner, 58, was chairman and chief executive officer of Montgomery Ward & Co. from 1981 until 1985, when he left to become chairman of McCrory Corp. He left McCrory in 1988 to pursue “a variety of activities,” Ames said. Pistner will also be chairman of the Ames board of directors.
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