Printer Friendly

DART GROUP ELECTS ROBERT HAFT PRESIDENT AND CHIEF OPERATING OFFICER

 LANDOVER, Md., Aug. 2 /PRNewswire/ -- Dart Group Corporation (NASDAQ: DARTA) announced that its board of directors has elected Ronald S. Haft to serve as its president and chief operating officer.
 Mr. Haft, 34, has since 1984 been the president of Combined Properties, Inc. which manages 37 chopping centers, comprised of over 7 million square feet of retail and commercial space located primarily in the Washington metropolitan area and California, most of which have been acquired and developed since Mr. Haft took the helm of Combined. Noting that overall occupancy in Combined managed centers exceeds 95 percent, and that the company was rated fourth nationally in a recent nationwide survey of retail tenants, Mr. Herbert H. Haft, chairman of Dart said, "Ronald Haft has an extraordinary track record in the retail industry. He is well attuned to the trends and dynamics of retailing, and has proven himself in that tough marketplace to be a winner. We are quite fortunate to attract his energy and talents to our family of companies."
 Dart Group corporation is a diversified company engaged principally in various retail businesses. Its merchandising subsidiaries include Shopper's Food Warehouse (50 percent owned), Total Beverage (100 percent owned) and two publicly held retailers, Crown Books (just over 50 percent owned) and Trak Auto (66 percent owned). In addition, Dart owns 100 percent of Cabot-Morgan, an owner of several joint venture interests in shopping centers (managed by Combined Properties, Inc.) and Dart Financial Group, which manages the liquidity of Dart.
 -0- 8/2/93
 /CONTACT: Stanley Rubenstein of Universal Executive Services, 212-297-6108, for Dart Group/
 (DARTA)


CO: Dart Group Corporation ST: Maryland IN: REA SU: PER

MP-WB -- NY107 -- 8508 08/02/93 16:18 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 2, 1993
Words:283
Previous Article:PITTWAY'S SECOND QUARTER INCOME FROM CONTINUING OPERATIONS UP 33 PERCENT ON 13 PERCENT SALES INCREASE
Next Article:COASTAL'S ANR DECLARES DIVIDEND
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters