<p>Supervalu has named Bruce Besanko as the company’s Executive Vice President and Chief Financial Officer. Previous to this new role with Supervalu, Besanko served as Executive Vice President of Finance, Chief Financial Officer and Chief Administrative officer for OfficeMax, where he helped strengthen the company’s balance sheet and transform business-to-business and retail segments. Besanko's position will be effective August 7, 2013, according to a press release.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p><img class="small-cropped-image" src="https://cdn.andnowuknow.com/legacySmallCroppedImages/supervalubody072413.jpg" alt="images 072413" />“I’m very excited to welcome Bruce to Supervalu,” said Sam Duncan, President and CEO. “Having worked with him during a successful turnaround at OfficeMax, I know firsthand of his talent, financial acumen, commitment to success and overall work ethic – all of which will be critical as we continue our rebuilding efforts here at SUPERVALU.”</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p>In his role at SUPERVALU, Besanko will oversee the financial activities of the grocery company and will lead a team of nearly 700 financial professionals. Besanko will also work closely with Duncan to continue strengthening the company’s balance sheet and building financial strategies that support SUPERVALU’s future growth plans. </p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p>“I especially want to thank Sherry for her many years of service to SUPERVALU and wish her all the best going forward,” said Duncan. “Sherry played an integral role in completing the disposition of the New Albertsons banners and helping reposition the company for the future. Her commitment toward improving our business and her leadership during the company’s transition period these past several months is greatly appreciated.”</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p>Congratulations Bruce, on joining the Supervalu family!</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://www.supervaluinvestors.com/phoenix.zhtml?c=93272&p=irol-irHome" target="_new"> Supervalu</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">
