Indianapolis - The former CEO of Marsh, Don Marsh Senior, is now the center of a
over allegations he used company money to pay for personal trips, homes and to hide relationships with female employees.
Marsh Supermarkets is seeking millions of dollars in damages and repayment of more than $1 million a year Don Marsh received in company benefits. He left the company in 2006 when Sun Capital Partners took control.
Don Marsh Senior's attorney issued this statement: "The allegations are false and it is clear the out-of-state, venture capitalist group ownership is looking for someone to blame for their own poor business practices which have severely impacted the company I once proudly led."
The current CEO of Marsh Supermarkets, Inc., Frank Lazaran, issued this statement to Eyewitness News:
"The actions outlined in the Complaint against Mr. Marsh occurred prior to Sun Capital's acquisition and my arrival as Chairman and CEO of Marsh Supermarkets in September of 2006. Unfortunately, this action became necessary after months of unsuccessful attempts to settle this matter with Mr. Marsh. As CEO of Marsh Supermarkets, I clearly understand my role of protecting our Company's assets, and I give the highest priority to our fiscal responsibility and understand the importance of safeguarding the interests of our owners and our associates. I assure you the appropriate controls are in place to do so. Although it is not our practice to comment on pending litigation, I believe it is important to make this statement."