Albertsons Announces New Operating Model, President’s Retirement After Weak Q1

CFOs On the Move: Week ending July 24

Dow Jones hires Dun & Bradstreet's former CFO, Chanel names a Pernod Ricard exec as finance chief and Albertsons' CFO plans retirement.

Albertsons announces new operating model, president’s retirement after weak Q1

The grocery company is consolidating 11 divisions into four regions and said Sharon McCollam, its president and CFO, will retire later this year.

Albertsons Companies CFO Sharon McCollam to retire

McCollam To Retire As President, CFO Of Albertsons Companies

Albertsons Companies has announced that Sharon McCollam, president and CFO, plans to retire. The retirement was announced July 23, the same day the company reported its first quarter results as well as plans to consolidate its divisions into regions and centralize its center store buying process. McCollam, who joined Albertsons five years ago, will remain in her roles until a successor is named, then stay on in an advisory capacity through the e…

Albertsons Restructures Operations Into Four Regions, Centralizes Center-Store Merchandising - Food Trade News & Food World

Albertsons Cos. is reorganizing its operating structure, consolidating its 11 retail divisions into four geographic regions while centralizing center-store merchandising under a single enterprise team as part of a broader initiative to streamline decision-making and improve execution across the company. The company announced July 23 that the changes are part of its ACI Edge strategy, which is designed to simplify operations, increase accountabil…

Albertsons Companies President and CFO to retire

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