Albertsons names Fonterra's Andrew Murray CFO effective Jan. 17, 2027; base salary $900,000

Albertsons Companies, Inc.

Murray, 49, is currently Group CFO of Fonterra, the New Zealand dairy co-operative; previously CFO at Simplot Australia (2020-2023) and senior finance roles at Toll Group and Mondelez.
Compensation: $900,000 base salary, 100% target bonus, $3.5M annual equity target starting FY26, plus $1M cash and $1M equity sign-on awards vesting over two years.
Cash sign-on repayable if he resigns or is terminated for cause before Jan. 17, 2029; 12-month non-compete and non-solicit; relocating from New Zealand to Boise.
Succeeds Cody Perdue, interim CFO since Sept. 30, 2026, who resumes his role as SVP of Treasury, Investor Relations and Risk Management.
CEO Susan Morris cited Murray's 'large-scale business transformation' expertise during a 'critical turnaround time' as Albertsons simplifies the organization.

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