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FMI gives top honor to former Hy-Vee CEO

BY Alaric DeArment

SCOTTSDALE, Ariz. — The retired head of Midwestern supermarket chain Hy-Vee took home the top honor at a recent supermarket industry conference.

The Food Marketing Institute said Monday that it gave its most prestigious honor — the Sidney R. Rabb Award for excellence in serving the consumer, the community and the industry — to retired Hy-Vee chairman and CEO Ric Jurgens at the FMI Midwinter Executive Conference.

"On so many occasions, Ric shared with me his view that if we can make a difference in this life, we should," FMI president and CEO Leslie Sarasin said. "Ric believes strongly in making a difference, ever pushing us to think progressively, but in pragmatic ways that are respectful of the past and informed by his extensive industry experience. His dedication to FMI is immeasurable."

Sarasin also praised Jurgens’ work in promoting health and wellness at Hy-Vee. The chain has been a key player in the Iowa Healthiest State Initiative, a government-sponsored program to dramatically improve the health of state residents, and the chain has strongly promoted healthy eating through its stores.


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Kroger declares quarterly dividend

BY DSN STAFF

CINCINNATI — Kroger on Friday declared a quarterly dividend of 15¢ per share to be paid on March 1, 2013, to shareholders of record as of the close of business on Feb. 15, 2013.

In September, the company’s board of directors raised the quarterly dividend by approximately 30%, to 15¢ per share. Since re-instating dividends in 2006, Kroger has increased the dividend each year and expects to continue to do so, the company stated.

Shares of Kroger were up slightly by 39 cents to $27.08 in early afternoon trading, Monday.


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Walgreens’ longtime EVP store operations Glenn Kraiss, 79, passes away

BY Michael Johnsen

DEERFIELD, Ill. — Glenn Kraiss, retired EVP store operations for Walgreens, died Jan. 18 at age 79. His career with Walgreens spanned 50 years to his retirement in 1999.  

“Glenn was instrumental to Walgreens’ success during a period of terrific growth for the company," stated Greg Wasson, Walgreens president and CEO. "During his 50-year career, he was a friend to coworkers around the country, a true leader for our store operations division and a mentor to more Walgreens folks than he may have realized.”

Kraiss began his Walgreens career working the soda fountain in a Chicago store in 1949 while still in high school. He worked his way through college and then pharmacy school, rising through the ranks of Walgreens in a series of promotions, including store manager, district manager and regional VP.

From 1978 until his retirement, Kraiss had responsibility for all of Walgreens drug store operations. Over that 21-year span, the chain nearly quadrupled in store count and grew from sales volume of just over $1 billion to $15 billion in fiscal 1998.

Kraiss was a 1956 graduate of the University of Illinois pharmacy school. In 1998, he was 1-of-4 recipients of the University of Illinois Alumni Achievement Award — the highest award given by the alumni association.

In speaking of Kraiss, Charles Walgreen III, retired chairman of Walgreens, recalled appointing him in 1978 to fill the position of leading the store operations division. Walgreen said, “Glenn was an outstanding executive, and key to the company’s turnaround and success.” 

Kraiss was preceded in death by his first wife, Mary. He is survived by his second wife, Joyce, and four children. 

A funeral service will be held for Kraiss Jan. 23 at 3 p.m. local time at Scottsdale Bible Chapel at 7601 East Shea Blvd., Scottsdale, Ariz.  

There will also be a funeral service on Jan. 26, at Calvary Church Chapel, 9200 St. Rt. 59, Naperville, Ill. That service will be held at 1 p.m. local time.

For those who would like to make a donation in Kraiss’ honor in lieu of flowers, please consider the following:

 

 

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