Arden Group Inc., the parent company of Southern California supermarket chain Gelson's Markets, on Monday named Laura Neumann as its new chief financial officer.
Neumann has worked for Arden for more than 10 years, most recently as the company's senior director of financial reporting and compliance. In the absence of a CFO, Neumann handled many of those duties as the principal financial officer of the company since July 2005.
Shares of Arden rose $1.14 to close at $92.31.
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