<p><strong>Minneapolis, MN</strong><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Tom Lenkevich, of Supervalu’s Save-A-Lot division, has announced plans to leave Save-A-Lot later this Summer. The recent news has been confirmed by Chon Tomlin, a spokesperson from the company's media team.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Mr. Lenkevich is currently the Chief Operating Officer for Save-A-Lot. Along with the recent news, Supervalu has also responded to its recent financials with plans for improved strategies. In order to enhance shareholder value, Supervalue's plans include adopting more flexible financing facilities and reducing near-term capital expenditures. Another key initiative for Supervalu is to facilitate an additional $250 million in administrative and operational expense reductions over the next two years by focusing intensely on companywide efficiency and productivity. The board, management and financial advisors have also decided to review strategic alternatives in order to create more shareholder value. Wayne Sales, the company's non-executive chairman, will oversee this process so management can concentrate on the business plan.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://www.supervalu.com/sv-webapp/index.jsp" target="_new"> Save-A-Lot </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
