Supervalu Inc names new CFO
Supervalu has appointed grocery veteran Rob Woseth to a key c-suite role.
Woseth has now been promoted to the position of executive vice president and chief financial officer of Supervalu.
He has been serving as the company’s interim CFO since July 2017 and has held the role of executive vice president, chief strategy officer since 2013.
SEE ALSO:
- Shareholders give green light to Tesco and Booker merger that will create largest food group in UK
- Amazon plans to open as many as six cashier-less Amazon Go stores this year
- Kroger opens Culinary Innovation Centre
Woseth has 15 years of experience in the grocery and finance industry, holding leadership positions with a strong roster of companies such as Albertson’s LLC, Water Tower Capital, LLC and Us Bancrop Piper Jaffray.
Speaking of WWoseth’s appointment, Mark Gross, Supervalu’s president and CEO, said: “Following a thorough internal and external search, Rob is the clear choice and we’re delighted to have him assume the CFO role on a permanent basis.”
“Rob has strong business acumen and he’s been a thoughtful steward of our business and finance organization these past eight months. His financial knowledge, strategic thinking and deep grocery industry expertise have helped drive many of our successes over the past several years, including the sale of our Save-A-Lot business and the completion of the Unified Grocers and Associated Grocers of Florida acquisitions this past year.”
As CFO, Woseth will head Supervalu’s finance and strategic teams, and work closely with the executive leadership team to encourage transformational growth at Supervalu.
“I’ve been thoroughly impressed with Rob’s leadership and guidance, and have seen firsthand his ability to effect positive change in this role,” added Gross.
“The board and I are confident in Rob’s ability to make important contributions to advancing the company’s growth strategy while maintaining a disciplined approach to capital allocation and improving stockholder value.”
