Friday, January 21, 2011

Jeffrey Noddle, Supervalu Inc. - Minneapolis / St. Paul Business Journal:

http://www.yijianjianli.com/article/How-Dark-Chocolate-Benefits-Your-Health.html
Noddle also serves on numerous industry-related and corporatew boards, including The Food Marketing the Independent GrocersAlliance Inc., The Food Industry Center at the Universit y of Minnesota and the Academy of Food Marketinfg at St. Joseph's University in Pennsylvania. 2005 The on-again-off-again $17.4 billiomn acquisition of morethan 1,100 Albertson's Inc. groceruy stores was big news throughouyt2005 (and 2006). Supervalu also entererd the natural and organic foods market by launching itsSunflowert Markets. Rankings -- past and present: No. 16 on last year's CEO Compensatiobn 100 list, was ranked 10th most overpaixd CEOin '05. His total compensatio n went from $7.
7 million in 2004 to $11.56 million in 2005 -- most of that increase realized in restrictexd stockand options. Response to Supervalu representatives said the companhyhas "completely transformed" itself in the past year, mostly due to a $12. billion acquisition of much of Albertson's Inc. The deal for the groceryu chain is expected todouble Supervalu's to $38 billion this year. Part of the preparations for the deal includecd selling off assets to satisfy regulatoryconcerns -- those sales hurt Supervalu's asset s and its performance in late 2005 -- but officialx say the company will rebound in 2006.
Jeffrety Noddle

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