13.02.2007 18:35:00
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SUPERVALU Veteran John Hooley Announces Plans to Retire
SUPERVALU INC. (NYSE:SVU) announced today that John Hooley, executive
vice president and president of Retail East, plans to retire from the
company later this spring following a very successful 33 years with
SUPERVALU, during which he held multiple leadership roles across the
company’s retail operations. Hooley’s
retirement will take effect at the end of April, at which point Mike
Jackson, SUPERVALU president and chief operating officer, will lead the
company’s Retail East operations.
"John Hooley is one of the most skilled
grocery executives whom I have ever worked with, and on behalf of the
company I would like to express my thanks and appreciation for his years
of service as well as his tremendous contributions to SUPERVALU, which
include building our company’s expertise in
retail,” Jeff Noddle, SUPERVALU chairman and
CEO, said. "I am very pleased that John will
be handing over the reins to Mike Jackson, another seasoned executive
who has a rich blend of leadership experience across both retail and
supply chain operations. I am confident that Mike will provide the
expertise and continuity necessary to complement the strong leadership
that exists today across the entire Retail East region.”
Jackson has been with the company for 28 years, serving in a variety of
leadership roles in both supply chain services and retail operations,
including senior vice president of operations for Retail Food Companies
as well as executive vice president and president of Distribution Food
Companies. In his expanded role, Jackson will have responsibility for
all Retail East operations, including Shaw’s,
Acme, Shoppers and Farm Fresh. Jackson will continue to serve as
president and chief operating officer with responsibility for Six Sigma,
the Save-A-Lot extreme-value format and the Enterprise Office. The bigg’s
and Scott’s banners, which were previously
part of Retail East, will become part of Retail Midwest under the
leadership of Kevin Tripp, executive vice president and president of
Retail Midwest.
"Our Retail East region consists of some of
the most recognized brands in the grocery retail industry, all with deep
ties to the communities they serve,” Jackson
said. "I look forward to working with our
teams in this region to ensure that they have the tools they need to
continue to deliver the very best offer for their customers while fully
leveraging the scale of our enterprise.”
Janel Haugarth, SUPERVALU executive vice president and president and
chief operating officer of Supply Chain Services, who previously
reported to Jackson, will now report directly to Jeff Noddle and will be
responsible for all supply chain activities, including Total Logistic
Control (TLC), the company’s third-party
logistics offering.
Jackson will work closely with Hooley over the coming months to ensure a
smooth transition of Hooley’s
responsibilities for Retail East. Hooley has deep roots in the grocery
business – his family founded the Cub Foods
operation in 1968 and he joined the business in 1974. A major
contributor to the growth of SUPERVALU’s
retail business, Hooley held a number of leadership roles at Cub Foods
following SUPERVALU’s acquisition of the
banner in 1980 before moving through the SUPERVALU leadership ranks.
Hooley was named executive vice president and president of SUPERVALU’s
Retail East operations following the completion of the company’s
merger with Albertsons in 2006. He is well-known in the industry for his
retail expertise, and in 1997, the Minnesota Grocers Association honored
Hooley as the Minnesota Outstanding Grocer.
"My career at SUPERVALU has been extremely
rewarding, and I feel privileged to have had the opportunity to work
with Jeff Noddle and our leadership team, which consists of some of the
finest grocery professionals in the industry,”
Hooley said. "When you look across the
enterprise at the depth of retail and supply chain expertise that exists
in our company, there is no question that SUPERVALU will continue to
pave the way for sustainable success.”
Hooley added, "I had always promised myself
that I would try something new once I reached this stage of my life, and
I am excited about the challenges that await me. Although I will miss
the people with whom I have worked throughout the SUPERVALU organization
over the years, I look forward to watching these talented individuals
lead the company to a successful future in what has become a very
exciting industry.” About SUPERVALU
SUPERVALU INC. is one of the largest companies in the United States
grocery channel with annual sales approaching $40 billion. SUPERVALU
holds leading market share positions across the U.S. with its
approximately 2,500 retail grocery locations. Through SUPERVALU's
nationwide supply chain network, the company provides distribution and
related logistics support services to more than 5,000 grocery endpoints
across the country. SUPERVALU currently has approximately 200,000
associates. For more information about SUPERVALU visit www.supervalu.com.
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