The Following is a Statement from UFCW Local 1500 President Bruce W. Both Regarding the Details of A&P/Pathmark President Sam Martins Salary and Financial Incentive Package
“At a time when we should all be feeling positive about A&P/Pathmark emerging from Chapter 11, we are reminded how unfair the bankruptcy process has been to the A&P/Pathmark employees and union members operating the stores.
While the workers who are the foundation of this company and its only hope for a successful turnaround have been asked to endure painful economic cuts, A&P CEO Sam Martin is being given an unnecessary and excessive signing bonus in addition to his $1.2 million dollar annual salary.
These actions are the type that cut at the morale of the workforce and question whether A&P has any understanding of the sacrifice its employees have made to turn around this once proud supermarket chain and return it to profitability.”
Related: Supermarket News: A&P to Retain Sam Martin as CEO http://supermarketnews.com/latest-news/martin-stay-ap-ceo