SUPERVALU Announces Executive Leadership Changes
November 13 2017 - 5:08PM
Business Wire
SUPERVALU INC. (NYSE:SVU) today announced changes to its
executive leadership team. Anne Dament has been promoted to
Executive Vice President, Retail, Marketing and Private Brands
effective immediately.
Dament joined SUPERVALU in January 2017 and has made significant
contributions to SUPERVALU, including developing a strong plan and
implementation strategy to improve the company’s retail division,
reorganizing multiple retail merchandise groups, consolidating
wholesale and retail marketing efforts and driving new product
introductions. With respect to new products, she has brought new
ideas and direction to SUPERVALU’s portfolio, including launching
over 350 new private label items this year, and developed other
innovative solutions, such as SUPERVALU’s recent launch of its
national Quick & Easy meal solution program.
“Anne is a smart, creative, and dynamic leader and has made a
significant impact on our team in a short time frame,” said Mark
Gross, SUPERVALU’s President and Chief Executive Officer. “Over the
last year, she’s set a positive vision for our retail initiatives,
particularly here in Minnesota, introduced exciting new product
innovation to wholesale and retail, and brought greater
collaboration between our retail and wholesale teams.”
SUPERVALU also announced today that Karla Robertson, Executive
Vice President, General Counsel and Corporate Secretary, will
resign from her position effective November 17, 2017 to join
Pentair plc.
“Karla is a highly respected leader who has been a tremendous
asset to this company and to me personally,” said Gross. “She has
been a great member of the executive team and contributor toward
our growth and transformation. Not only has she provided excellent
legal advice but she has also served an invaluable role as business
partner and advisor to all of us. I thank Karla for her service to
our company over the past eight years and wish her all the
best.”
Stuart McFarland has been appointed Senior Vice President,
General Counsel and Corporate Secretary effective November 18,
2017. McFarland has worked at SUPERVALU since 2010 in positions of
increasing responsibility and currently serves as Vice President,
Associate General Counsel and Assistant Corporate Secretary
focusing on corporate transactions, mergers and acquisitions,
securities and corporate governance. Prior to joining SUPERVALU,
McFarland was an associate at the law firm of Gibson, Dunn &
Crutcher LLP in Los Angeles. McFarland earned his bachelor of arts
degree in Economics from the University of Florida and his law
degree from the University of Minnesota Law School, where he
graduated summa cum laude.
Gross continued, “Looking forward, we are very excited to have
Stuart as our General Counsel as we continue our transformation and
focus on organic and new growth opportunities. Stuart is an
extremely intelligent, insightful, and hard-working leader who will
hit the ground running with his knowledge of SUPERVALU and our
industry.”
About SUPERVALU INC.SUPERVALU INC. is one of
the largest grocery wholesalers and retailers in the U.S. with
annual sales of approximately $16
billion. SUPERVALU serves customers across the
United States through a network of 3,337 stores composed of
3,120 wholesale primary stores operated by customers serviced
by SUPERVALU's food distribution business and 217
traditional retail grocery stores operated under five retail
banners in six geographic regions (store counts as
of September 9, 2017). Headquartered
in Minnesota, SUPERVALU has approximately 31,000
employees. For more information
about SUPERVALU visit www.supervalu.com.
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SUPERVALU INC.For Investors:Steve Bloomquist,
952-828-4144steve.j.bloomquist@supervalu.comorFor Media:Jeff
Swanson, 952-903-1645jeffrey.s.swanson@supervalu.com
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