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CEO of struggling Friendly’s to resign

By Jenn Abelson
Globe Staff / February 10, 2012
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Friendly’s Ice Cream chief executive Harsha V. Agadi is planning to step down tomorrow and the company’s chief marketing officer is also leaving in several weeks. The leadership shake-up comes exactly one month after the struggling Wilbraham restaurant chain emerged from Chapter 11 bankruptcy. Agadi, who joined the company in August 2010 and invested some of his own money in the business, will remain on the board of directors.

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