SUPERVALU INC. (NYSE:SVU) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 5, 2018, SUPERVALU INC. (the “Company”) announced the election of David W. Johnson as the Company’s Chief Accounting Officer, effective immediately. Previously, Mr. Johnson was acting as Interim Chief Accounting Officer of the Company.
Mr. Johnson, age 47, has served as Interim Chief Accounting Officer of the Company since July 2017. He has also served as Vice President, Controller of the Company since April 2013 and will continue to serve in that role. Mr. Johnson previously served as Senior Director, Assistant Controller of the Company from 2011 to 2012 and as Vice President, Assistant Controller of the Company from 2012 to April 2013.
About SUPERVALU INC. (NYSE:SVU)
Supervalu Inc. is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers. The Company’s Wholesale segment provides wholesale distribution of products to independent retail customers. Wholesale is organized and operated through two geographic regions: East and West. As of February 27, 2016, the Company conducted its Retail operations through a total of 200 stores primarily organized under five regionally-based retail banners of Cub Foods, Shoppers Food & Pharmacy, Shop ‘n Save, Farm Fresh and Hornbacher’s, as well as two Rainbow and two County Market stores.