Safeway Inc. Names Peter J. Bocian Executive Vice President and Chief
PLEASANTON, Calif., Feb. 4, 2013
PLEASANTON, Calif., Feb. 4, 2013 /PRNewswire-FirstCall/ --Safeway Inc. (NYSE:
SWY) announced the appointment of Peter J. Bocian as its new Executive Vice
President and Chief Financial Officer. Mr. Bocian, 58, will oversee the
company's financial functions including accounting, tax, audit, treasury,
investor relations, planning and business development. He will report directly
to Robert Edwards, Safeway's President, and will assume his new
responsibilities on February 19.
Mr. Bocian most recently served as Executive Vice President, Head of Corporate
Services and Finance at JPMorgan Chase, the New York-based global financial
services company. While at JPMorgan Chase, he had overall responsibility for
Global Real Estate, Procurement, Technology and Real Estate Finance and
General Services for the firm.
Prior to joining JPMorgan Chase, Mr. Bocian spent three years as Executive
Vice President and Chief Administrative Officer at Palo Alto-based
Hewlett-Packard. Before his tenure with HP, he spent over a year as CFO and
Chief Administrative Officer at Seattle-based Starbucks. Earlier Mr. Bocian
had a long and successful 24 years with Ohio-based NCR Corporation, where he
held positions of increasing responsibility across Finance, working in the
Retail, Teradata and Federal System groups. At NCR, he last served, for three
years, as Senior Vice President and Chief Financial Officer.
"We are pleased to have attracted someone with Pete's demonstrated business
leadership skills and deep financial credentials to our senior executive
team," said Mr. Edwards. "His proven ability to effectively manage a broad
cross section of complex finance and administrative functions, as well as his
extensive experience with retail-focused companies will be of considerable
added value to our business."
Mr. Bocian holds a Masters in Business Administration in Accounting and
Bachelor of Arts in Russian from Michigan State University, and served in the
ABOUT SAFEWAY www.Safeway.com
Safeway Inc. is a Fortune 100 company and one of the largest food and drug
retailers in North America, based on sales. The company operates 1,644 stores
in the United States and western Canada and had annual sales of $43.6 billion
in 2011. The company's commonstockis traded on the New York Stock Exchange
under the symbol SWY.
Media: Brian Dowling, 925-467-3787, Brian.Dowling@Safeway.com
Investors: Christiane Pelz, 925-467-3832, Christiane.Pelz@Safeway.com
SOURCE Safeway Inc.
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