US: Supervalu shareholders elect board members

By just-food.com | 27 June 2008

Shareholders at the Supervalu's AGM have elected a number of individuals for the company's board.

A statement said that the following individuals had been elected for a three-year term expiring in 2011: Gary Ames, Philip L. Francis, Edwin C. Gage, Garnett L. Keith, Jr., and Marissa T. Peterson.

The Supervalu board currently consists of 14 members, all of whom are independent with the exception of Jeffrey Noddle, chairman and chief executive officer.

During the annual meeting shareholders also ratified the appointment of KPMG as the company's independent auditors for fiscal 2009, voted down the proposal for a report on controlled-atmosphere killing and approved a proposal to eliminate the company's current classified board structure in favour of annual election of all directors.

Sectors: Retail

Companies: Supervalu