October 20, 2016 7:05 PM ET

Food and Staples Retailing

Company Overview of Albertsons, LLC

Company Overview

Albertsons, 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. Its 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, T...

250 Parkcenter Boulevard

Boise, ID 83706

United States

Founded in 1939

282,000 Employees





Key Executives for Albertsons, LLC

Chairman and Chief Executive Officer
Age: 72
Chief Financial Officer and Executive Vice President
Age: 54
Chief Operating Officer
Age: 54
Chief Executive Officer of United Supermarkets and President of United Supermarkets
Age: 68
President of Southwest Division
Compensation as of Fiscal Year 2016.

Albertsons, LLC Key Developments

Albertsons Cos Announces Executive Changes

Dan Valenzuela has been named president of Albertsons Cos. Eastern Division, which oversees Safeway stores on the East Coast. Valenzuela replaces Steve Burnham. Burnham had served as Eastern Division president for two years. Valenzuela most recently has been serving as division president of Albertsons Seattle division. Karl Schroeder has been appointed to Valenzuela's former role as Seattle president.

Albertsons Companies, LLC, Safeway Inc., New Albertson's, Inc. and Albertson's LLC Announce Senior Notes Offering

Albertsons Companies, LLC announced its intention to offer $750.0 million in aggregate principal amount of senior notes due 2025. The company and its subsidiaries, Safeway Inc., New Albertson's, Inc. and Albertson's LLC, will be co-issuers of the Notes. The company intends to use the net proceeds from the offering to repay approximately $240.0 million of borrowings outstanding under its senior secured asset-based loan facility, to repay $500.0 million of amounts outstanding under its existing term loan facility and to pay fees and expenses related to the issuance of the Notes. The Company intends to use any remaining proceeds for general corporate purposes, which may include capital expenditures, working capital and potential acquisitions and strategic transactions. The Notes will be offered in the United States to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

Albertsons Companies Appoints Tamara Pattison as Senior Vice President, Digital Marketing & eCommerce

Albertsons Companies announced that Tamara Pattison has been named as Senior Vice President of Digital Marketing & eCommerce, which includes all aspects of Shopper Marketing, Digital Marketing, Loyalty & Rewards, and eCommerce. Pattison, who most recently served the company as Group Vice President of Digital, Loyalty and Customer Analytics, has been with the company for 10 years, honing skills gathered in marketing, product development and consumer shopping trends at Yahoo, DemandTec Corporation and PriceWaterhouseCoopers to name a few.

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