Albertsons President, CFO Sharon McCollam Plans To Retire This Year

Albertsons® Companies, Inc. (NYSE:ACI) today announced that Sharon McCollam, the company’s President and Chief Financial Officer plans to retire later this year. McCollam will remain in her role until a successor is named. Thereafter, McCollam will remain with the company in an advisory capacity until the end of the fiscal year, Feb. 27, 2027, to ensure a seamless transition. We are conducting a comprehensive search process to identify a transformational leader who combines exceptional financial acumen with the strategic vision to drive sustainable growth and long-term value.