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.
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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.