Bob Miller has a knack for turnarounds. In 1999, he took over Rite Aid as chairman and CEO, helping to stabilize the drug store chain at a time when Rite Aid was on the brink of bankruptcy, and many analysts were projecting Rite Aid would fold.
Miller joined Rite Aid soon after building Fred Meyer into a supermarket powerhouse. Kroger acquired the Midwest chain in a $8 billion deal in 1999.
Miller assumed the reigns of Albertson's LLC in 2006 and has since resurrected that business as well. Miller actually started his retail career at Albertsons, spending 30 years working his way from store manager to EVP retail operations.
Miller has been credited with driving the deal between Supervalu and Cerberus.