MINNEAPOLIS — Rob N. Woseth has been promoted to executive vice-president and chief financial officer of Supervalu, Inc. Mr. Woseth was previously executive vice-president and chief strategy officer — a role he assumed in March 2013 — and also served as Supervalu’s interim c.f.o. since July 2017.
In his new role, Mr. Woseth will lead Supervalu’s finance and strategic planning teams and work with the executive leadership team to drive business initiatives, provide analytics support and build financial strategies “that underpin Supervalu’s transformational growth,” the company said.
Mr. Woseth joined Supervalu in 2013. Before that, he was vice-president of business development and strategy at Albertson’s L.L.C. He also held financial leadership positions as vice-president of research for Water Capital, L.L.C., and as vice-president of investment banking at U.S. Bancorp Piper Jaffray.
“Following a thorough internal and external search, Rob is the clear choice, and we’re delighted to have him assume the c.f.o. role on a permanent basis,” said Mark Gross, president and chief executive officer of Supervalu. “Rob has strong business acumen, and he’s been a thoughtful steward of our business and finance organization these past eight months. His financial knowledge, strategic thinking and deep grocery industry expertise have helped drive many of our successes over the past several years, including the sale of our Save-A-Lot business and the completion of the Unified Grocers and Associated Grocers of Florida acquisitions this past year.
“I’ve been thoroughly impressed with Rob’s leadership and guidance and have seen firsthand his ability to effect positive change in this role. The board and I are confident in Rob’s ability to make important contributions to advancing the company’s growth strategy while maintaining a disciplined approach to capital allocation and improving stockholder value.”