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Stock Market & Financial Investment News

News Breaks
May 22, 2014
09:11 EDTTGT, SVUSuperValu added to Least Preferred List; Target removed at UBS
News For SVU;TGT From The Last 14 Days
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February 9, 2016
12:36 EDTTGTWarner Bros. Consumer Products, Mattel announce partnership with Target
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08:34 EDTTGTCVS Health expects Target Pharmacy integration to be completed by end of summer
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February 3, 2016
08:02 EDTSVUSupervalu names Mark Gross to succeed Sam Duncan as president, CEO
Supervalu announced the appointment of Mark Gross as the company's president and CEO, effective February 5, 2016. Gross, age 52, will succeed Sam Duncan who has previously announced he will be retiring. Supervalu also announced that Sam Duncan will be stepping down from the company's 11-person Board of Directors effective with his retirement on February 29, 2016, and that until that time, he will continue with the company as a special advisor to the company's Board of Directors to facilitate a smooth transition. Gross will be appointed to the Board effective March 1, 2016. Additionally, the company said that Bruce Besanko, COO, will report to Gross and continue to oversee the day-to-day operations of the company's Independent Business and Retail Food segments as well as the company's finance organization. From 1997 to 2006, Gross worked at C&S Wholesale Grocers, including serving as Co-President of C&S's overall operations from 2005-2006. Additionally, during his tenure with C&S, Gross served as Chief Financial Officer, General Counsel, and President of its affiliated retail grocery operations.

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