Albertsons appoints Sharon McCollam as President and CFO effective Sept 7, 2021

Albertsons Companies, Inc.

Bob Dimond retiring as EVP & CFO after 7 years; stays advisor through Feb 2022.
McCollam receives $1M base salary, 125% target bonus, $4M annual equity, and $6M sign-on awards.
McCollam will oversee finance, IT, supply chain, and property development, reporting to CEO Vivek Sankaran.
Employment agreement: 3-year initial term, severance provisions for cause, death, disability, or non-renewal.

item 5.02 item 8.01 item 9.01

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Appointed

Sharon McCollam

President and Chief Financial Officer

ACI · Albertsons Companies, Inc.

Effective: 2021-09-07
Filed: August 11, 2021, 7:59 PM ET

Sharon McCollam, age 59, will become the President and Chief Financial Officer of the Company, effective September 7, 2021

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Sharon McCollam was appointed as President and Chief Financial Officer at Albertsons Companies, Inc..

Action: appointed
Role: President and Chief Financial Officer

Exact text from the filing

Sharon McCollam, age 59, will become the President and Chief Financial Officer of the Company, effective September 7, 2021

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Albertsons Companies, Inc. filing history →

Source: SEC EDGAR

accession 0001646972-21-000048

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