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• Louisiana-based Rouses Markets said yesterday that it has hired Steve Black, the president of Colorado-based Lucky's Market (in which kroger made an investment earlier this year), to be its new president/COO. Black succeeds Scott Miller, COO at Rouses for the past nine years.

At the same time, Donny Rouse - whose grandfather started the company and who has been serving as managing partner of the chain - will become the company's CEO.

• Tyson Foods announced that CEO Donnie Smith, a 36-year company veteran, will step down at the end of the year, after having served in that role since 2009. He will be succeeded by Tom Hayes, the company's president, who will retain both titles.
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