---
schema_version: "secwatch.filing_event.v1"
accession: "0001646972-21-000048"
form_type: "8-K"
ticker: "ACI"
cik: "0001646972"
company_name: "Albertsons Companies, Inc."
filed_at: "2021-08-11T23:59:59+00:00"
generated_at: "2026-06-29T15:12:20.480524+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001646972-21-000048
- form_type: 8-K
- ticker: ACI
- cik: 0001646972
- company_name: Albertsons Companies, Inc.
- filed_at: 2021-08-11T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646972/000164697221000048/0001646972-21-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646972/000164697221000048/aci-20210810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001646972-21-000048
- JSON: https://secwatch.observer/filing/0001646972-21-000048.json
- Plain text: https://secwatch.observer/filing/0001646972-21-000048.txt

## Key facts
- Executive change
  Sharon McCollam was appointed as President and Chief Financial Officer at Albertsons Companies, Inc..
  - Action: appointed
  - Role: President and Chief Financial Officer
  source text: Sharon McCollam, age 59, will become the President and Chief Financial Officer of the Company, effective September 7, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646972/000164697221000048/0001646972-21-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.