Craig Herkert is leaving his post at Wal-Mart to head up Supervalu Inc.
The Minneapolis-based supermarket chain operator announced its new hire May 6. The company had not decided when Herkert would begin as chief executive officer.
Herkert was president and chief executive officer of Wal-Mart of the Americas since 2004, according to a news release. In that role, he was responsible for Wal-Mart’s operations in Canada, Mexico and Central and South America.
Herkert originally joined Wal-Mart in 2000 as senior vice president and chief operating officer of Wal-Mart International. Before that, he had a 23-year career with the American Stores Co., owner of Acme, Jewel and Lucky Stores, and then its purchaser, Albertsons Inc. He was executive vice president of marketing for Albertsons when he left in 2000, six years before the company was bought by Supervalu.
Herkert started his career in grocery at a Jewel-Osco store in Chicago, and eventually moved his way up to president of Acme Markets, according to the release.
Herkert succeeds Jeff Noddle, who continues serving as executive chairman, but is retiring from his post as CEO.
Noddle will serve as executive chairman for at least one year, according to the release. He has been with SuperValu for 33 years.