RETAILERS RECRUIT OUTSIDE EXECS

Two supermarket companies went outside the box during 2001 in search of new top executives to extricate them from tenuous financial positions.One was Albertson's, the Boise, Idaho-based giant that found its new chairman and chief executive officer in the appliances business when it hired Lawrence R. Johnston to succeed Gary Michael in April.Michael, a 35-year veteran of Albertson's who had served

Two supermarket companies went outside the box during 2001 in search of new top executives to extricate them from tenuous financial positions.

One was Albertson's, the Boise, Idaho-based giant that found its new chairman and chief executive officer in the appliances business when it hired Lawrence R. Johnston to succeed Gary Michael in April.

Michael, a 35-year veteran of Albertson's who had served for 10 years as CEO, said late in 2000 he would retire, and he did so -- very q

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