MINNEAPOLIS, Jun 02, 2010 (BUSINESS WIRE) --SUPERVALU (NYSE: SVU) announced today it has named J. Andrew Herringasits new executive vice president, Market and Real Estate
Development, effective June 6, 2010. Herring, 51, most recently served
as senior vice president of Real Estate and Store Development. In his
new role, he will be responsible for driving SUPERVALU's major growth
initiatives, including store development for the company's traditional
retail and Save-A-Lot stores and for its independent retailers, as well
as new store growth. Herring will report directly to Craig Herkert,
SUPERVALU CEO and president.
"Driving growth is a critical element of our strategy, and I'm excited
to have Andy lead this effort and join my executive team," said Craig
Herkert, SUPERVALU CEO and president. "Andy has a broad range of
experience with the company beyond real estate and has played key roles
in many of our largest acquisitions. He has been a great asset to us for
12 years and will be invaluable as we continue our focus on being
America's Neighborhood Grocer."
Herring joined SUPERVALU in February 1998 as vice president of corporate
development and external relations and was promoted to senior vice
president in 1999. In this position, he was responsible for mergers and
acquisitions, corporate communications, industry and government
relations, and the company's corporate foundation. In 2002, he was named
executive vice president SUPERVALU Retail Pharmacies, responsible for
the company's in-store pharmacy operations. Starting in late 2005 and
during 2006, Herring played a leading role in the acquisition of certain
assets of Albertsons and worked in the SUPERVALU Enterprise Office on
post-merger integration matters related to the acquisition.
About SUPERVALU INC.
SUPERVALU INC. is one of the largest
companies in the U.S. grocery channel with estimated annual sales of $39
billion. SUPERVALU serves customers across the United States through a
network of approximately 4,290 stores composed of approximately 1,160
traditional retail stores, including 840 in-store pharmacies; 1,190
hard-discount Save-A-Lot stores, of which 855 are operated by licensee
owners; and 1,940 independent stores serviced primarily by the company's
traditional food distribution business. SUPERVALU has approximately
160,000 employees. For more information about SUPERVALU, visit www.supervalu.com.
SOURCE: SUPERVALU INC.
SUPERVALU INC.
Media:
Haley Meyer, 952-828-4786
Haley.meyer@supervalu.com
or
Investors:
Ken Levy, 952-828-4540
kenneth.b.levy@supervalu.com
