MINNEAPOLIS--(BUSINESS WIRE)--Dec. 17, 2008--SUPERVALU (NYSE: SVU) today announced that it has named Robert V. (Bob)
Johnson vice president, investor relations, effective January 5, 2009.
Johnson will be responsible for the company's overall investor relations
strategy and will report to Pam Knous, SUPERVALU executive vice
president and chief financial officer.
"Bob has a strong track record of building relationships with the
financial community to effectively communicate key business strategies,
specifically in the retail industry," said Knous. "I'm thrilled to have
him join SUPERVALU and serve as our chief spokesperson to the investment
and financial community."
Johnson comes to SUPERVALU following 32 years with J.C. Penney
Corporation, Inc., during which he served in a number of capacities
within the company's finance function, including accounting, internal
audit, financial reporting and investor relations. In his recent role as
vice president of investor relations, Johnson led investor
communications through key company events including the company's
turnaround process and the divestiture of Eckerd Drugstores, and
developed the company's investor messaging related to its long-range
strategies. Johnson holds a bachelor's degree in accounting from the
University of Nebraska.
Johnson will succeed David Oliver, who has served in the vice president,
investor relations role on an interim basis since earlier this year.
Oliver will continue to serve in a leadership role within the company's
About SUPERVALU Inc.
SUPERVALU INC. is one of the largest companies in the United States
grocery channel with estimated annual sales of $45 billion. SUPERVALU
holds leading market share positions across the U.S. with approximately
2,500 retail grocery locations, including nearly 920 in-store
pharmacies. Through SUPERVALU's nationwide supply chain network, the
company provides distribution and related logistics support services to
more than 2,500 independent retailers and other grocery endpoints across
the country. SUPERVALU has approximately 190,000 employees. For more
information about SUPERVALU visit www.supervalu.com.
Jean Giese, 952-828-4939
Haley Meyer, 952-828-4786
Source: SUPERVALU Inc.