MINNEAPOLIS — Supervalu here on Tuesday said it would reduce the size of its board of directors from 15 to 12 members and has selected a non-executive chairman of the board. The company said the the board expects to name Wayne C. Sales, 60, retired vice chairman of Canadian Tire Corporation Ltd. and a director of Supervalu since the Albertsons acquisition in 2006, to the newly created position of non-executive chairman following the company's annual meeting in June. Five board members are ...
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