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Safeway-Albertsons Merger

Visit this SN landing page to keep up with the major developments in the pending Albertsons-Safeway mega-merger... More
Top Executive

Robert Edwards, president and CEO

Robert Edwards, president and CEO of Safeway, is doing the job for which he was hired — maximizing shareholder value. He’s doing that by overseeing the sale of the company to Albertsons for $15 above the price at which shares were selling before the deal with announced in April... More

 

MERGER

Safeway and Albertsons owner AB Acquisition LLC, controlled by an investor group led by Cerberus Capital Management, completed their proposed merger Jan. 30. The merger creates a network of 2,230 stores, 27 distribution facilities and 19 manufacturing plants with over 250,000 employees across 34 states and the District of Columbia.

Safeway president and CEO Robert Edwards is president and CEO of the combined company, and Albertsons CEO Bob Miller becomes executive chairman.

GENERAL INFORMATION

Corporate Headquarters
5918 Stoneridge Mall Road,
Pleasanton, CA 94588
877-723-3929

Number of Stores
1,326

Store Banners
Safeway, Vons, Randalls, Tom Thumb, Carrs

www.safeway.com
www.safeway.com/ShopStores/Contact-Us.page
@Safeway
www.facebook.com/Safeway
www.linkedin.com/company/safeway

LEADERSHIP

Robert L. Edwards
president and CEO

Peter J. Bocian
EVP and CFO

Diane M. Dietz
EVP and CMO

Kelly Griffith
EVP, retail operations

Larree M. Renda
EVP

David F. Bond, SVP, finance and control (chief accounting officer); Robert A. Gordon, SVP, chief governance officer, secretary and general counsel; Russell  M. Jackson, SVP, human resources; Barry J. Libenson, SVP, CIO; Melissa C. Plaisance, SVP, finance and investor relations; David R. Stern, SVP, planning and business development; Jerry Tidwell, SVP, supply operations; Donald P. Wright, SVP, real estate and engineering.
 

FINANCIAL INFORMATION

Annual sales: $37.1 billion (est.)
FY ended: 1/3/15

FY 2014 Q3
$8.3 billion

FY 2014 Q2
$8.3 billion

FY 2014 Q1
$8.3 billion

FY 2013
$36.1 billion

FY 2013 Q4
$11.3 billion

FY 2013 Q3
$8.6 billion

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