secwatch.observer — SEC 8-K summary
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Issuer:     Albertsons Companies, Inc. (ACI)
CIK:        0001646972
Form:       8-K
Filed at:   2026-11-10T21:06:44+00:00
Accession:  0001646972-26-000069
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646972/000164697226000069/0001646972-26-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646972/000164697226000069/aci-20261110.htm
  HTML page:      https://secwatch.observer/filing/0001646972-26-000069

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