BOISE, ID - AB Acquisition LLC, parent company of Albertsons and Safeway Inc., has announced that Bob Miller will assume the role of Chief Executive Officer, effective immediately. The prior CEO, Robert Edwards, will continue on with the company as Vice Chairman.
"As CEO of Safeway, Robert made tough decisions that led to significant improvements in Safeway's shareholder value and positioning the company for the future," said Miller. "The last year has been a time of great change for our companies, and we appreciate Robert's leadership during this critical time.”
Edwards, who will now be providing counsel to the Board and the organization on key strategic and integration matters, said, "It's been a privilege to work with Bob and our teams as we've brought these companies together, and I'm extremely proud of the work we've completed and the foundation we've created for the future. We've made significant strides in the time since the merger has closed, and I feel comfortable turning my focus to other matters that will be of the best benefit to the company."
Albertsons also announced further restructuring of its executive leadership team and introduced the “Office of the CEO.” The new office will support the day-to-day operations of the company's 14 divisions and 2,200 stores.
In addition to Miller, the Office of the CEO will be comprised of the following executives:
Wayne Denningham, Chief Operating Officer for all of the company's regions
Denningham began his career with Albertsons, Inc. in 1977, and has since assumed his current role overseeing operations for the South Region at the Safeway transaction close in January 2015.
Justin Dye, Chief Administrative Officer
Dye joined Albertsons LLC in 2006, and in February 2015, he was appointed Chief Administrative Officer with responsibility for Information Technology, Supply Chain, Corporate Development, Real Estate, and Integration Management.
Shane Sampson, Chief Marketing & Merchandising Officer
Sampson built his career with Albertsons Inc., working his way up through the company's ranks, culminating in serving as President of both the Florida & Intermountain Divisions and in January 2015, was appointed Executive Vice President of Marketing & Merchandising.
Jim Perkins and Kelly Griffith will continue to serve as Executive Vice Presidents of Operations for the company's regions and will now report to Denningham.
