Supervalu’s Sales joins Toys “R” Us board
Former Supervalu and Canadian Tire executive Wayne Sales was named to the board of directors at Toys “R” Us to fill a position vacated by Michael Calbert.
Calbert had served on the Toys “R” Us board since 2005 and the company noted his departure did not involve any disagreement. Calbert also serves on the board of Dollar General and earlier this year resigned from KKR & Co.
Filling his shoes on the toy retailer’s board is Wayne Sales. He is the retired vice chairman of Canadian Tire and served as the retailer’s CEO from 2000 to 2006. More recently, Sales served as CEO of Supervalu from July 2012 to February 2013 and was the companies non-executive chairman of the board from 2010 to 2012. He also serves on the board of Tim Hortons, one of Canada’s leading quick serve restaurant operators.