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Supervalu announces departure of CFO, general counsel

Minneapolis -- Supervalu president and CEO Sam Duncan announced Wednesday some major changes to his executive leadership team.

CFO Sherry Smith will leave the company, effective May 30, and no replacement has yet been named. Smith is a 26-year veteran of the company and has served as EVP and CFO since December 2010.

General counsel Todd Sheldon will also leave the company, effective May 30, to be replaced by Karla Robertson, who has been named EVP for legal, effective immediately.

Prior to Supervalu, Robertson served as senior counsel with Target Corp.

Duncan, a noted turnaround specialist, arrived at Supervalu from OfficeMax earlier this year. He replaced Wayne Sales and has overseen the divestiture of five of Supervalu’s grocery brands.

 

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