Albertsons Companies, Inc. announced the appointment of three new members to its Board of Directors, effective October 14, 2026, expanding the board from 11 to 14 directors. The company also appointed Cody Perdue as Interim Chief Financial Officer, effective September 30, 2026, following the previously announced retirement of Sharon McCollam.

Key Details

  • Board Appointments: William P. Boltz (EVP, Lowe's), Chris Drumgoole (COO, Aligned Data Centers), and Margaret M. Ham (former President, Food Lion) will join the board, bringing expertise in merchandising, technology/AI, and grocery retail operations.
  • Interim CFO: Cody Perdue, previously SVP of Treasury, Investor Relations and Risk Management, has been appointed Interim CFO. He will receive an additional stipend at an annual rate of $350,000 during his service.
  • CFO Transition: The appointment follows the retirement of President and CFO Sharon McCollam, who will remain in an advisory role through the end of the fiscal year to support the transition. A search for a permanent CFO is underway.