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Supervalu has named veteran CPG sales and marketing executive Steve Jungmann its new EVP of merchandising. With nearly 25 years of consumer sales and marketing experience, Jungmann, 47, was most recently SVP of consumer sales and marketing at Highland Park, Ill.-based Solo Cup Co. He will join Supervalu in early February and report to Craig Herkert, CEO and president.
In his new role, Jungmann will lead all of the Minneapolis-based retailer’s merchandising activities for its grocery store banners (excluding Save-A-Lot), including its private label brands.
“Steve is the right person to lead Supervalu’s merchandising teams as we look to grow top line sales,” said Herkert. “His track record of understanding and leveraging consumer behavior will be invaluable as we continue our focus on becoming America's Neighborhood Grocer.”
Prior to joining Solo Cup in 2007, Jungmann spent one year with Spectrum Brands, a global consumer packaged goods company, as SVP of sales. Prior to that, he spent 20 years with Kraft Foods, where he held a number of sales, corporate planning and strategy roles across multiple geographies. His last position at Kraft was VP of category sales.
With estimated annual sales of $41 billion, Supervalu operates about 4,300 retail locations encompassing roughly 1,200 traditional and premium stores, including 850 in-store pharmacies; 1,180 hard-discount Save-A-Lot stores, of which 860 are operated by licensee owners; and 1,920 independent stores serviced primarily by the company’s traditional food distribution business.