Supervalu chair takes over as CEO

Monday, July 30, 2012
Grocery giant Supervalu has undergone a change in leadership, with board chair Wayne Sales taking the reins from former CEO Craig Herkert. This transition marks the first step in a potential turnaround for the company. Asked for comment by the Pioneer Press, Center for Retailing Excellence co-director Dave Brennan said choosing someone who knows the Supervalu operation in depth makes it seem like the company doesn't "have a lot of time to bring in somebody and bring them up to speed."

Originally published: 07/30/2012, Pioneer Press