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Supervalu further solidifies new leadership team following AB Acquisition deal

BY Michael Johnsen

MINNEAPOLIS — Supervalu on Monday morning announced several changes to its executive and banner retail leadership teams, as it continues preparations to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition (Albertson’s LLC). 

Mark Van Buskirk has been named EVP, merchandising and marketing for Supervalu, where he will be responsible for overseeing companywide retail merchandising and marketing efforts, along with directing Supervalu’s private brand offerings and retail pharmacy teams. He spent the past 20 years in leadership positions with Kroger, most recently serving as VP, meat and seafood merchandising and procurement.

Rob Woseth has been named EVP, chief strategy officer. In addition to overseeing real estate and corporate development, Woseth will focus on identifying strategic growth opportunities that support independent grocers, as well as working with banner leadership to build and maximize the company’s traditional and discount retail businesses. He spent the past 10 years in business development, strategy and leadership positions with Albertsons Inc. and Albertsons, LLC.

Steve Fox has joined Supervalu in the role of SVP, food merchandising, reporting to Van Buskirk. He comes to Supervalu after spending 41 years in retail leadership positions with Fred Meyer, a division of Kroger. During his tenure with Fred Meyer, Fox spent 10 years as VP produce merchandising/procurement and 11 years as VP grocery merchandising/procurement.

All three appointments are effective immediately, Supervalu noted. 

Ritchie Casteel was named president and CEO of Save-A-Lot, effective immediately. Casteel has more than 40 years of experience in retail, including over 30 years in a variety of leadership positions with the original Albertsons Inc., where he finished his tenure as VP operations for Albertsons’ Intermountain West Division.

Casteel also served as director of sales and operations for Grocery Outlet from 2005-2009 where he worked closely with independent owner operators to improve sales, margin, shrink, marketing, expense controls and financial balance. Casteel replaces Santiago Roces who will remain with the company over the next several weeks to assist Casteel in ensuring a smooth and efficient transition.

The deal between Supervalu and AB Acquisition is expected to be completed the week of March 18, Supervalu stated. 

Following the transaction, Supervalu will retain five regional retail banners: CUB Foods based in Minnesota; Hornbacher’s in North Dakota; Farm Fresh in Virginia; Shop ‘N Save in St. Louis; and Shoppers in Baltimore/Washington DC. Together these banners operate 191 traditional retail grocery stores and represent slightly more than 25% of the company’s anticipated revenues after the banner sale is complete. Supevalu named the following banner presidents who will report directly to Supervalu CEO Sam Duncan.

Eric Hymas has been named president of Shop ‘N Save, replacing Marlene Gebhard who will remain with the company over the next several weeks to assist Hymas in the transition. Hymas most recently served as SVP merchandising for Supervalu, which included responsibility for all categories across center store, as well as beverages, fuel and convenience, and fresh departments. Hymas has more than 30 years of experience in grocery retail having started his career in an Albertsons store in Idaho Falls, ID.

Bill Parker has been named president, Farm Fresh, after serving for the past seven months in the role of interim president. His appointment is effective immediately.

Brian Audette will continue as president of CUB Food; Matt Leiseth will continue as president of Hornbacher’s; and Bob Bly will continue as president of Shoppers.

Today’s announcement also includes news of several current executives who will depart the company upon completion of the transaction. They include:

  • Kevin Holt – president, Supervalu Retail;
  • Tim Lowe – EVP merchandising; and
  • Michael Moore – EVP and chief marketing officer. 

“I thank Kevin for his leadership over our retail teams, as well as Tim and Michael for the work they have done leading our retail merchandising and marketing efforts, respectively,” Duncan said. “They have helped ready the business for the future and I appreciate all they have done to ensure a smooth transition. I wish each of them well with their future endeavors.”

Also departing is president pharmacy Chris Dimos, as reported last week by DSN

 

 

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Reports: Doctors to serve as medical directors for two N.Y. MinuteClinic locations

BY Alaric DeArment

NEW YORK — A hospital system on Long Island in New York state has a partnership with CVS’ MinuteClinic, according to published reports.

Newsday reported that doctors from North Shore-LIJ Health System would serve as medical directors for clinics at CVS stores in Bellport and Syosset, N.Y. According to the report, Long Islanders should expect to see more clinics in the future, noting "good care that is affordable and easily accessible is the wave of the future."

The newspaper, which covers Long Island, reported that the doctors would be available for consultations with the clinics’ nurse practitioners, who could then refer patients to doctors or hospitals. It also reported that the two clinics were a precursor for more in retail stores around the island, and Long Islanders should expect to see more clinics in the future, noting "good care that is affordable and easily accessible is the wave if the future."


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President Obama names Walmart exec to budget post

BY Mike Troy

WASHINGTON — President Obama will nominate Walmart Foundation president Sylvia Mathews Burwell as director of the Office of Management and Budget on Monday, according to published reports. Burwell will be nominated at a White House ceremony during the morning.

Obama announced his intent to appointment Burwell several months ago, but the nomination on Monday makes it official and paves the way for Senate confirmation hearings to begin.

Wal-Mart Stores, Inc., president and CEO Mike Duke said Burwell would do a tremendous job serving the county if she is confirmed by the Senate.

"Sylvia is a strong leader who both masters the details and has a clear vision for making big things happen," Duke said. "She cares deeply about people and has natural personal warmth that enables her to build relationships and drive results that deliver impact. She understands business and the role that business, government and civil society must play to build a strong economy that provides opportunity and strengthens communities across the country."

Burwell’s tenure at Walmart was short lived. She joined the company a little over a year ago after roughly a decade in various leadership roles with the Bill and Melinda Gates Foundation. Prior to that, she held various positions in Washington, D.C. including deputy director of the Office of Management and Budget, deputy chief of staff to President Bill Clinton and chief of staff to Treasury Secretary Robert Rubin.

As head of the Office of Management and Budget, Burwell will be responsible for preparing the president’s annual budget.

Prior to her federal government work, Burwell worked for McKinsey & Company. She is a member of the board of the Council on Foreign Relations, the board of MetLife, and the Aspen Strategy Group. She received an A.B. from Harvard University and a B.A. from Oxford University, where she was a Rhodes Scholar.


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