NEW YORK — Anthony D’Onofrio, former chief supply chain officer of Kmart Corp., has agreed to hand over documents sought by Kmart’s lawyers in connection with the bankrupt discounter’s stewardship review, leading Kmart to drop its request that the former executive be found in contempt of court.

D’Onofrio also said he would appear in a question-and-answer session here with Kmart lawyers, who are trying to wrap up the retailer’s stewardship review. D’Onofrio, who left Kmart last March, was the recipient of a $2.5 million retention loan from Kmart.

The retailer said in court papers that D’Onofrio was a "critical player" in the events that led to the company’s Chapter 11 filing on Jan. 22, 2002.

As reported, two former Kmart merchandisers, Enio Montini Jr., and Joseph Hofmeister, were indicted on Wednesday.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus