Chairman of Schwan Food Co. set to retire

MARSHALL, Minn. Chairman of The Schwan Food Co., Afred Schwan, will retire at the end of the year after 45 years of service, reports said Monday.

Schwan has served as company chairman for 15 years, reports said. Schwan also served for five years as company president and CEO. He is 83 years old.

Schwan has stated that Dec. 31 will be his final day as chairman and Schwan Food Co. has said that his replacement will be named early next year.