NEW YORK -- Joseph Ettore, chief executive officer of Jamesway, a bankrupt discounter based in Secaucus, N.J., reportedly will succeed Peter Thorner as president and chief operating officer of Ames Department Stores, Rocky Hill, Conn.

According to market sources, Thorner is leaving Ames.

Ettore, who joined Jamesway a year ago as president and chief operating officer, became its ceo in July. Jamesway filed for Chapter 11 on July 19, 1993 and has said it expects to emerge from it this fall.

Ames emerged from bankruptcy Dec. 30, 1992.

Thorner was unavailable for comment, and a spokeswoman in Ettore's office said he would not be issuing any statements.

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