SUPERVALU's Big Shakeup
In today's edition of "Talkin' Stocks," Andrew and Austin look at the shakeup at the top of SUPERVALU. Craig Herkert is out as CEO and Wayne Sales will be filling his shoes. While Herkert had promise as a former Wal-Mart supply-chain guy, he just didn't seem up to the task of righting SUPERVALU's ship. While Wayne Sales' background isn't as closely related, he does have turnaround experience, which could bode well for shareholders. It's hurry up and wait for this company.
If you're looking for something different, then you should check out our new free report, "The Motley Fool's Top Stock for 2012." In it, our chief investment officer identifies his favorite company for the year. To access the report before the rest of the market catches on, click here -- it's absolutely free.
The article SUPERVALU's Big Shakeup originally appeared on Fool.com.Andrew Tonner has no positions in the stocks mentioned above. Austin Smith and The Motley Fool own shares of SUPERVALU. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.