secwatch.observer — SEC 8-K summary
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Issuer:     Albertsons Companies, Inc. (ACI)
CIK:        0001646972
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001646972-24-000229
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646972/000164697224000229/0001646972-24-000229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646972/000164697224000229/aci-20241022.htm
  HTML page:      https://secwatch.observer/filing/0001646972-24-000229

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer