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May 27, 2015 8:21 AM ET

Food and Staples Retailing

Company Overview of New Albertson's, Inc.

Company Overview

New Albertson's, Inc. operates a network of grocery and drug stores in the Northwest and West Coast. It offers various products, including deli, bakery, total photo, fresh produce, gift cards and floral, meat and seafood, and natural and organic products. The company also provides prescription products, as well as in-store health screenings, personalized medical reviews, health education, and adult immunization services. It also provides online shopping services. The company was formerly known as Albertson’s, Inc. and changed its name to New Albertson's, Inc. in June, 2006. The company was founded in 1939 and is based in Spokane, Washington with stores in Arkansas, Arizona, California, Color...

157 South Howard Street

Spokane, WA 99201

United States

Founded in 1939

Phone:

877-932-7948

Key Executives for New Albertson's, Inc.

President and Chief Operating Officer
Age: 60
Senior Vice President and President of Retail West
Age: 53
Executive Vice President and President of Retail East
Age: 62
Chief Information Officer and Senior Vice President
Age: 60
Senior Vice President of Finance
Age: 52
Compensation as of Fiscal Year 2014.

New Albertson's, Inc. Key Developments

Albertsons Announces Executive Changes

Albertsons announced that Bob Miller, the company's executive chairman, will assume the additional role of chief executive officer as part of a new four-person office of the CEO as Robert Edwards moves from CEO into a new role as vice chairman. The other executives in the office of the CEO will be Wayne Denningham, chief operating officer for all divisions; Justin Dye, chief administrative officer; and Shane Sampson, chief marketing and merchandising officer. Edwards, who was chairman and CEO of Safeway, was named Albertsons CEO when the two companies merged in January. In his new role as vice chairman, Edwards will provide counsel to the board and the organization on key strategic and integration matters. Jim Perkins and Kelly Griffith will continue as executive vice presidents of operations and will report to Denningham. Dye joined Albertsons in 2006 as chief strategy officer, and since the merger, he has been chief administrative officer, with oversight of technology, supply chain, corporate development, real estate and integration management. Sampson, who started his career with Albertsons, left in 2002 but returned several years later and was president of Jewel-Osco prior to being named EVP, marketing and merchandising, at the time of the merger.

mix1 Life, Inc. Announces New Grocery Store Distribution in Arizona, New Mexico, Nevada, Colorado, and California with Albertson's Grocery

mix1 Life, Inc. announced new grocery store distribution in Arizona, New Mexico, Nevada, Colorado, and California with Albertson's Grocery. Mix1 has shipped product to support Albertson's Southwest Region of 123 grocery stores. Consumers will be able to purchase mix 1's natural protein shakes starting in March 2015.

Albertsons Settles Hazardous Waste Lawsuit for $3.3 Million

Albertsons grocery stores will pay more than $3.3 million to settle a lawsuit that alleged the chain improperly handled and disposed of hazardous waste at its stores. The suit, which was filed in Orange County Superior Court in May, affects all 188 Albertsons stores in California and two distribution centers. The company did not admit fault in the settlement. The suit was filed by 11 agencies, including the Orange County District Attorney's Office and agencies in Riverside, San Bernardino, San Diego, Ventura and Los Angeles counties. Under the settlement, which was signed June 4 and served to Albertsons representatives, the company will pay $2.27 million in civil penalties, cover the costs of the investigation and provide funding for environmental projects. The hazardous waste included over-the-counter medicine, batteries, aerosol products, pool chemicals and other products that had expired, been damaged or otherwise could not be sold. According to prosecutors, employees threw out the items in dumpsters or took them to third-party processors who were not certified to receive hazardous waste.

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