SuperValu Names Chief Innovation Officer, a New Position

SuperValu Inc. said Tuesday that it has named James Weidenheimer to the newly-created position of chief innovation officer, effective April 25. Weidenheimer will work with the wholesale and retail teams on new business development, cross-channel promotions and other duties. He comes to SuperValu from C&S Wholesale Grocers where he held a number of senior leadership positions over the past 16 years. He retired from that company in January. SuperValu has also added the chief financial officer title to Bruce Besanko's role at the company. Besanko is already the chief operating officer. SuperValu shares are inactive in premarket trading, but down 50.1% for the past 12 months. The S&P 500 is down 0.6% for the past year.