US-based grocery group Supervalu has announced in a press release its plans to realign the company’s leadership structure to become more customer-focused following the retirement of two executives.
As of 14 August, Mike Jackson, president and chief operating officer, and Kevin Tripp, executive vice president and president of the company’s retail Midwest region will retire from the company.
Craig Herkert, who joined Supervalu in May as chief executive officer, will assume the additional role of president. The company’s three retail regions will be combined under Pete Van Helden, who will become executive vice-president of retail operations. Mr Van Helden currently serves as executive vice-president, retail West.
According to the company, its new leadership structure will further streamline the critical partnership between Supervalu’s retail operations, pharmacy operations and merchandising and marketing groups so that the group can even more effectively anticipate and respond to the changing needs of its customers.
“This is another critical step in the implementation of our centrally-led merchandising model, designed to fully leverage Supervalu’s scale while preserving our local relevance,” said Mr Herkert. “Pete and Duncan will work closely together to ensure a smooth and effective transition,” concluded Mr Herkert.
The company’s Save-A-Lot banner will report to Mr Herkert, and Bristol Farms will continue to report to Pamela Knous, executive vice-president and chief financial officer.
“Mike and Kevin have made significant contributions to Supervalu’s growth over the past several years, and have been instrumental in laying the groundwork for our company’s ongoing success,” said Mr Herkert. “We wish them well as they move into a new stage of their lives.”
Mr Jackson and Mr Tripp have both been with the company for more than 30 years (Mr Jackson with Supervalu, and Mr Tripp with the former Albertson’s, Inc.) and have held leadership roles in multiple functional areas.
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