MINNEAPOLIS — Supervalu on Monday said that Wayne C. Sales (right) has been named president and chief executive officer, replacing Craig R. Herkert. Sales will continue to serve as chairman of the board. Director Philip L. Francis has been elected lead director. Herkert (left) had been Supervalu’s CEO since May of 2009, but the former Wal-Mart executive was unable to stop sales declines, and Supervalu's earnings and its share price collapsed. Earlier this month Herkert ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.