July 25, 2017 1:12 PM ET

Food and Staples Retailing

Company Overview of AB Acquisition LLC

Company Overview

AB Acquisition LLC operates as a food and drug retailer in the United States. Its stores offers prescriptions, immunizations, health kiosks, diabetes medications, health screenings, workers’ compensation prescriptions, wellness products, medicines for various health conditions, and pet medications; diet and fitness products, food preparation tips, food safety products, organic foods, gluten free products, and healthy eating products; and cakes and deli products. The company also provides membership pharmacy savings programs. It operates approximately 2,200 stores in 33 states and the District of Columbia under 18 banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME Markets,...

250 Parkcenter Boulevard

Boise, ID 83706

United States

Founded in 1939

273,000 Employees





Key Executives for AB Acquisition LLC

Chairman and Chief Executive Officer
Age: 73
President and Chief Operating Officer
Age: 55
Chief Financial Officer and Executive Vice President
Age: 55
Chief Executive Officer of United Supermarkets and President of United Supermarkets
Age: 69
President of Southwest Division
Compensation as of Fiscal Year 2017.

AB Acquisition LLC Key Developments

Albertsons Companies Presents at NIRI Annual Conference, Jun-06-2017 01:45 PM

Albertsons Companies Presents at NIRI Annual Conference, Jun-06-2017 01:45 PM. Venue: Grande Lakes Orlando, JW Marriott & Ritz-Carlton, Orlando, Florida, United States. Speakers: Melissa Plaisance, Group Vice President, Treasury & Investor Relations.

Albertsons Cos. Hires Two New Executives

Albertsons Cos. announced it has hired two new executives with key experience in product and digital technology, respectively: Karl Varsanyi and Ramiya Iyer. Varsani and Iyer will work under Albertsons’ SVP of digital marketing and e-commerce, Narayan Iyengar, who joined the company in January with a goal of expanding e-commerce to several new markets in 2017. Varsani, who helped develop macys.com into one of the largest e-commerce sites in the U.S., joins Albertsons as group VP of digital product management. In this role Varsani will have responsibility for the digital experience, web, app and in-store, for all brands and locations. He is a customer experience leader with 16 years of practice in the digital retail and technology industries, most recently with Macy’s, where he was group VP of product management, strategy and experience. Iyer, a former VP of e-commerce at Levi Strauss & Co., has joined Albertsons as the group VP of IT, digital and marketing/merchandising. She has a deep understanding of how digital technology is changing consumers' shopping behavior, and brings a unique combination of retail, technology and global leadership experience, the company said. Prior to her tenure as the VP of e-commerce at Levi's, she held various IT leadership roles at Walmart.com and SamsClub.com.

Albertsons Cos. Appoints Wayne Denningham as President

Albertsons COO Wayne Denningham on April 19, 2017 was given the additional role of president of Albertsons Cos. Denningham will continue to lead store operations with added oversight of marketing and merchandising, supply chain, manufacturing and integration, all of which will continue under their current leadership. Bob Miller remains chairman and CEO, a role he has held since April 2015. Denningham began his career with Albertson’s Inc. in 1977 as a clerk and worked his way up in the organization, serving in district manager roles in three different divisions before being named division president, first of the Rocky Mountain division and later the Florida division. Subsequently, he was promoted to president for five divisions of Albertsons, and then served as both EVP of marketing and merchandising and operations for the company before leaving in 2004. He joined Albertson’s LLC in 2006 and served as division president of the Rocky Mountain, Florida and Southern divisions over the next seven years. In March 2013, Denningham was named president of the Southern California. He was named EVP and COO of Albertsons Cos. in April 2015.

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