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Tedeschi Updating Stores, Sandwich Offer

CEO looks to grow business inside and out

ROCKLAND. Md. -- Peter Tedeschi had always thought finance would be his life’s work--until the family business finally came calling.

The Marshfield resident became president and CEO of Tedeschi Food Shops in 2008, at the request of his uncle Charlie Fitzgibbons and his brother-in-law John Ransom, both former presidents of the Rockland-based convenience chain, according to a report in the Patriot-Ledger.

Tedeschi, 51, had spent 11 years at Putnam Investments in Boston, where he was the senior vice president of operations, before joining the company that bears his family name.

The chain dates back to the home-based food shop that Tedeschi’s grandfather Angelo opened in Rockland in 1923. It now employs 1,400 full- and part-time workers across New England, though most of its 190 stores are in Massachusetts.

Under Tedeschi’s tenure, the company completed an effort to convert all of its Li’l Peach and Store 24 locations--remnants of two chains it had previously acquired--to Tedeschi shops. He also oversaw a revamp of the stores’ prepackaged-sandwich offerings, contracting with a small Rockland supplier that his company eventually bought.

Click here to read a complete Q&A with the c-store leader.

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