Albertsons board reshuffles: Galbato out, Feinberg in, Donald named Chair

Albertsons Companies, Inc.

Director Chan Galbato resigned effective Oct 22, 2024; no disagreement with the Company.
Stephen Feinberg, Cerberus co-CEO, appointed to the Board effective Oct 24, 2024, per Stockholders' Agreement.
Jim Donald elected sole independent Chair of the Board, effective Oct 24, 2024.
Cerberus holds 151,818,680 ACI shares; Feinberg not yet assigned to any Board committee.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Jim Donald

Sole Independent Chair of the Board

ACI · Albertsons Companies, Inc.

Effective: 2024-10-24
Filed: October 28, 2024, 7:59 PM ET

Following Mr. Galbato's resignation, and effective October 24, 2024, the Board elected Mr. Jim Donald as the sole independent Chair of the Board.

Departed

Chan Galbato

Director

ACI · Albertsons Companies, Inc.

Effective: 2024-10-22
Filed: October 28, 2024, 7:59 PM ET

On October 22, 2024, Mr. Chan Galbato resigned from the Board of Directors (the "Board") of Albertsons Companies, Inc.

Appointed

Stephen Feinberg

Director

ACI · Albertsons Companies, Inc.

Effective: 2024-10-24
Filed: October 28, 2024, 7:59 PM ET

Effective October 24, 2024, Stephen Feinberg was appointed as a member of the Board

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jim Donald was elected as Sole Independent Chair of the Board at Albertsons Companies, Inc..

Action: elected
Role: Sole Independent Chair of the Board

Exact text from the filing

Following Mr. Galbato's resignation, and effective October 24, 2024, the Board elected Mr. Jim Donald as the sole independent Chair of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Chan Galbato resigned as Director at Albertsons Companies, Inc..

Action: resigned
Role: Director

Exact text from the filing

On October 22, 2024, Mr. Chan Galbato resigned from the Board of Directors (the "Board") of Albertsons Companies, Inc.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Stephen Feinberg was appointed as Director at Albertsons Companies, Inc..

Action: appointed
Role: Director

Exact text from the filing

Effective October 24, 2024, Stephen Feinberg was appointed as a member of the Board

View on SEC.gov

Albertsons Companies, Inc. filing history →

Source: SEC EDGAR

accession 0001646972-24-000229

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