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|SUPERVALU Promotes Woseth to Chief Financial Officer|
25-year strategic finance veteran has served as Company’s interim CFO
This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180226006584/en/
As CFO, Woseth will lead SUPERVALU’s finance and strategic planning teams. He will work closely with the executive leadership team to drive business initiatives, provide analytics support and build financial strategies that underpin SUPERVALU’s transformational growth.
“Following a thorough internal and external search, Rob is the clear
choice and we’re delighted to have him assume the CFO role on a
permanent basis,” said
Woseth has more than 25 years of experience in strategic leadership,
planning and finance roles, including 15 years in the grocery industry.
He joined SUPERVALU’s executive team in 2013. During his tenure with
Gross added, “I’ve been thoroughly impressed with Rob’s leadership and guidance, and have seen firsthand his ability to effect positive change in this role. The Board and I are confident in Rob’s ability to make important contributions to advancing the Company’s growth strategy, while maintaining a disciplined approach to capital allocation and improving stockholder value.”
About SUPERVALU INC.
(The following information does not include Associated Grocers of Florida which became part of SUPERVALU on December 8, 2017)
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 3,324 stores composed of 3,111 wholesale primary stores operated by customers serviced by SUPERVALU’s food distribution business and 213 traditional retail grocery stores operated under five retail banners in six geographic regions (store counts as of December 2, 2017). Headquartered in Minnesota, SUPERVALU has approximately 31,000 employees. For more information about SUPERVALU visit www.supervalu.com.