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MONTEREY, CALIF. — William “Bill” Grimm has been promoted to Chief Operating Officer of the Cannery Row Company, a commercial development firm in the Monterey Peninsula area. Grimm previously served as executive vice president of real estate leasing and acquisitions. He joined the company in 2001 from Gloria Jean’s Coffees where he was an officer and the vice president of global development. The Cannery Row Company also operates in Northern California.