Peter Lynch

JACKSONVILLE, Fla. – Peter Lynch, who has led Winn-Dixie Stores Inc. since December 2004, will resign as chairman, president and chief executive officer of the chain when its merger with BI-LO LLC is completed. The transaction is expected to close between...

The CEO of Winn-Dixie is stepping down as the Florida-based supermarket chain merges with Bi-Lo. CEO Peter Lynch told employees in a letter that he'll stay up to another 120 days.