Supervalu Offers Retention Pay

MINNEAPOLIS — Supervalu here said it has offered retention agreements to some key executives as the company investigates a possible sale and seeks to revamp its positioning in the market.

The company agreed to pay Janel Haugarth and Sherry Smith $750,000 each and Andrew Herring $500,000 in increments through the next two years. Haugarth is executive vice president, merchandising and logistics; Smit

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TAGS: News Supervalu
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