business news in context, analysis with attitude

• As predicted here on MNB earlier this week, Dave Hirz, who just resigned as president of Food 4 less, has agreed to become president of Smart & Final.

He will report to George Golleher, who will remain as chairman/CEO.

• Supervalu announced that it has hired Wayne Shurts, most recently the global chief information officer for Cadbury, as its new executive vice president/CIO.

"Wayne is a strong and proven leader who understands the grocery industry as well as the systems behind supply chain and logistics within retail organizations," said Craig Herkert, Supervalu’s president/CEO, in a prepared statement. "He is an outstanding addition to our team, and will be invaluable as we continue our focus on becoming America's Neighborhood Grocer."
KC's View:
The small irony, if course, is that just recently Supervalu filed a lawsuit against a number of chocolate manufacturers - including Hershey, Mars, Nestle and Cadbury - accusing them of a conspiracy to fix chocolate prices between 2002 and 2008. The conspiracy, the company says, resulted in it being overcharged for products during that period, and cites specific examples when all the accused companies raised their prices in similar percentages.