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Supervalu-owned Shaws Supermarkets said yesterday that its president, Larry Wahlstrom, is retiring, to be succeeded by Mike Witynski, who has been serving as group vice president of Our Own Brands, a Supervalu unit.

The change comes as the Wall Street Journal reports that investors are hungry for change at Supervalu, where new CEO Craig Herkert – formerly of Walmart – is settling into his new role. There is speculation that a retail-oriented Herkert could spin off or sell the company’s wholesale business, as well as that he could sell one or more of Supervalu’s retail banners as a way of retiring some of the company’s debt.
KC's View:
It wasn’t that long ago that Shaws lost another senior executive when Bill Nasshan left the company to become senior vice president of merchandising and marketing at Bi-Lo.

Just based on the email I’m getting, there is a lot of skittishness at Shaws about the future of the chain…and rampant speculation about some fairly radical moves that could happen at Supervalu.