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Fred's names interim chief Joseph Anto as new CEO

Sue Chang

Fred's Inc. late Monday said it named Joseph Anto , who had been serving as interim chief executive office r since April and financial chief since February, as the new CEO. The company also appointed Nathaniel Klein as c hief o perating o fficer and Ritwik Chatterjee as c hief f inancial officer . Shares of Fred's were unchanged in the extended session after rallying 5.2% to close at $3.03 a share.