SUPERVALU Executive Vice President Janel Haugarth Announces Plan to Retire in December 2015
November 16 2015 - 5:31PM
Business Wire
SUPERVALU’s Cub Foods President Mike Stigers
named new Executive Vice President, Independent Business and Supply
Chain to succeed Haugarth
SUPERVALU INC. (NYSE: SVU) today announced that Janel Haugarth,
Executive Vice President and President, Independent Business and
Supply Chain Services, has informed the Company of her plans to
retire on December 26, 2015. Haugarth has spent nearly 40 years
with the Company and served in a variety of leadership positions
and roles of increasing responsibility, including having been an
executive vice president with the Company since 2006.
Under Haugarth’s leadership and direction, SUPERVALU
consolidated and realigned its wholesale operations, introduced a
National Sales Expo attracting more than 4,000 attendees the past
two years, launched new professional services programs to support
the expanding needs of independent retailers, and led the
procurement and growth of new business for the Company’s
Independent Business segment.
“Janel has been a tremendous advocate for this Company
throughout her SUPERVALU career,” said SUPERVALU CEO and President
Sam Duncan. “It has been an absolute pleasure to have worked with
Janel for the past two and one-half years. Her knowledge of the
industry and her passion for helping our independent retailers
succeed is second to none. I’m grateful for her many years of
leadership to this Company and wish her all the best in her
retirement.”
“I feel very fortunate to have spent my career working for
SUPERVALU and so grateful to have worked with such amazing
employees, suppliers and customers for nearly 40 years,” said
Haugarth. “It will be hard to leave this great company and all
these great people, but I’m looking forward to the next phase of my
life and am confident that SUPERVALU is well-positioned going
forward.”
Mike Stigers, current President of Cub Foods, has been appointed
Executive Vice President, Independent Business and Supply Chain to
succeed Haugarth. Stigers, who started his grocery career in 1974,
has more than 40 years of experience in the grocery industry.
Stigers joined SUPERVALU in 2011, and has served in roles as
President of Shaw’s, one of SUPERVALU’s formerly-owned retail
banners, and as President of Northern Region, formerly one of the
three sales regions within SUPERVALU’s Independent Business
segment. Stigers will assume his new responsibilities on December
27, and will report to Bruce Besanko, SUPERVALU’s Executive Vice
President, Chief Operating Officer.
“Mike is a terrific and well respected leader with deep
knowledge of the grocery industry and strong relationships across
our entire retail and wholesale business,” said Duncan. “Under
Mike’s direction, I am confident our wholesale operations and our
Independent Business customers will be in great hands.”
About SUPERVALU INC.
SUPERVALU INC. is one of the largest grocery wholesalers and
retailers in the U.S. with annual sales of approximately $18
billion. SUPERVALU serves customers across the United States
through a network of 3,395 stores composed of 1,854 independent
stores serviced primarily by the Company’s food distribution
business; 1,342 Save-A-Lot stores, of which 901 are operated by
licensee owners; and 199 traditional retail grocery stores (store
counts as of September 12, 2015). Headquartered in Minnesota,
SUPERVALU has approximately 40,000 employees. For more information
about SUPERVALU visit www.supervalu.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151116006588/en/
SUPERVALU INC.INVESTOR CONTACT:Steve Bloomquist,
952-828-4144steve.j.bloomquist@supervalu.comorMEDIA
CONTACT:Jeff Swanson,
952-903-1645jeffrey.s.swanson@supervalu.com
Supervalu (NYSE:SVU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Supervalu (NYSE:SVU)
Historical Stock Chart
From Apr 2023 to Apr 2024