Posted in, Albertsons, Executive News, National

Two Supervalu Board Members Step Down Following Safeway Deal

Supervalu on Thursday said that two of its directors, Mark Neporent and Lenard Tessler, have stepped down from the company’s board of directors, effective immediately. Neporent and Tessler were both appointed to the board in 2013 as designees of Symphony Investors LLC, a Cerberus Capital Management L.P.-led investor consortium, under the terms of the tender […]

Posted in, Executive News, National

Kraft Exec Chairman Cahill Transitioning To Non-Executive Role

Kraft Foods Group’s board of directors has approved the transition of Executive Chairman John Cahill to non-executive chairman of Kraft’s board on March 8. “Today’s announcement reflects the board’s confidence in the progress of our business,” said Mackey J. McDonald, lead director for Kraft Foods Group’s board of directors. “John has been instrumental in establishing […]

Posted in, Executive News, Northeast

Jonathan Weis Becomes New President, CEO At Weis Markets

Jonathan Weis has been appointed as Weis Markets’ president and CEO. Weis, 46, also will retain his role as vice chairman of the Sunbury, Pa.-based company. Prior to this announcement, Weis served as the company’s interim CEO. As president and CEO, Weis will oversee all aspects of the company’s retail, supply chain, merchandising, human resources, […]