Article: Herkert gets nod as CEO at Supervalu.(NEWS)

EDEN PRAIRIE, Minn. -- Supervalu Inc. has named former Wal-Mart Stores Inc. executive Craig Herkert its next chief executive officer.

The 49-year-old Herkert, who had been president and CEO of the Americas at Wal-Mart since 2004, will succeed Jeff Noddle, 62, Supervalu's CEO since 2001. Supervalu says Noddle will continue to serve as executive chairman for at least one year and work with Herkert during a transition period of several months.

The 62-year-old Noddle, who has been with Supervalu for more than 30 years and engineered the company's $19 billion deal to buy Albertsons Inc., announced late last year that he would leave Supervalu at the end of ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!