MINNEAPOLIS — Supervalu here went outside the company to hire Craig Herkert as its chief executive officer “because we felt he was the best executive available at the time,” Jeff Noddle, executive chairman, told the company's annual meeting here. “The board spent 15 months going through a diligent assessment of all internal candidates but ultimately determined that Craig's extensive retail experience made him the right choice,” he said. Noddle's comments came in response to a shareholder ...

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