---
schema_version: "secwatch.filing_event.v1"
accession: "0001646972-24-000229"
form_type: "8-K"
ticker: "ACI"
cik: "0001646972"
company_name: "Albertsons Companies, Inc."
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:42:25.292428+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001646972-24-000229
- form_type: 8-K
- ticker: ACI
- cik: 0001646972
- company_name: Albertsons Companies, Inc.
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646972/000164697224000229/0001646972-24-000229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646972/000164697224000229/aci-20241022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001646972-24-000229
- JSON: https://secwatch.observer/filing/0001646972-24-000229.json
- Plain text: https://secwatch.observer/filing/0001646972-24-000229.txt

## Key facts
- Executive change
  Jim Donald was elected as Sole Independent Chair of the Board at Albertsons Companies, Inc..
  - Action: elected
  - Role: Sole Independent Chair of the Board
  source text: Following Mr. Galbato's resignation, and effective October 24, 2024, the Board elected Mr. Jim Donald as the sole independent Chair of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646972/000164697224000229/0001646972-24-000229-index.htm
- Executive change
  Chan Galbato resigned as Director at Albertsons Companies, Inc..
  - Action: resigned
  - Role: Director
  source text: On October 22, 2024, Mr. Chan Galbato resigned from the Board of Directors (the "Board") of Albertsons Companies, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646972/000164697224000229/0001646972-24-000229-index.htm
- Executive change
  Stephen Feinberg was appointed as Director at Albertsons Companies, Inc..
  - Action: appointed
  - Role: Director
  source text: Effective October 24, 2024, Stephen Feinberg was appointed as a member of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646972/000164697224000229/0001646972-24-000229-index.htm

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