Albertsons board seat shifts: Feinberg out, Cerberus' Bruno in

Albertsons Companies, Inc.

Stephen Feinberg resigned from Albertsons board on Feb 21, 2025; no disagreement cited.
Frank Bruno appointed same day as director, designated by Cerberus under Stockholders' Agreement.
Bruno is Co-CEO and Senior Managing Director of Cerberus Capital Management (CCM).
Cerberus holds 151,818,680 shares of Albertsons Class A common stock.
Bruno has not been appointed to any board committee.

item 5.02

Executive movements

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Appointed

Frank Bruno

Director

ACI · Albertsons Companies, Inc.

Effective: 2025-02-21
Filed: February 21, 2025, 6:59 PM ET

Effective February 21, 2025, Frank Bruno was appointed as a member of the Board for the term expiring at the Company's 2025 annual meeting of stockholders or until his successor is duly elected and qualified.

Departed

Stephen Feinberg

Director

ACI · Albertsons Companies, Inc.

Effective: 2025-02-21
Successor: Frank Bruno
Filed: February 21, 2025, 6:59 PM ET

On February 21, 2025, Stephen Feinberg resigned from the Board of Directors (the "Board") of Albertsons Companies, Inc. (the "Company").

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Frank Bruno was appointed as Director at Albertsons Companies, Inc..

Action: appointed
Role: Director

Exact text from the filing

Effective February 21, 2025, Frank Bruno was appointed as a member of the Board for the term expiring at the Company's 2025 annual meeting of stockholders or until his successor is duly elected and qualified.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen Feinberg resigned as Director at Albertsons Companies, Inc..

Action: resigned
Role: Director

Exact text from the filing

On February 21, 2025, Stephen Feinberg resigned from the Board of Directors (the "Board") of Albertsons Companies, Inc. (the "Company").

View on SEC.gov

Albertsons Companies, Inc. filing history →

Source: SEC EDGAR

accession 0001646972-25-000022

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