Commenting on the departing board members, Mr. Sales said, “I would personally like to thank Skip, Steven, Susan, Kathi and Ron for serving on SUPERVALU's Board of Directors. Their insight and contributions during their many decades of service on the Board has been exemplary. Their leadership and dedication during the negotiation and completion of today’s transaction was critical.”Commenting on the new board, Mr. Miller said, “I am pleased to be joining SUPERVALU’s Board of Directors and am optimistic that together with Sam and his executive team we can reposition the company for future success. The new Board will work quickly to select two additional directors who will provide experience and knowledge that is complementary to our board members.”
SUPERVALU Completes Sale Of Five Retail Grocery Banners To Cerberus-Led Investor Group
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