Albertsons CFO Sharon McCollam to retire, search underway

Albertsons Companies, Inc. (NYSE: ACI) announced that Sharon McCollam, the company's President and Chief Financial Officer, plans to retire later this year.

McCollam will remain in her role until a successor is named, after which she will serve in an advisory capacity through the end of the fiscal year on Feb. 27, 2027, to support the transition. The company said it has begun a search for a replacement.

McCollam joined Albertsons in 2021. CEO Susan Morris credited her with shaping the company's financial, operational, and strategic priorities over that period. "Her impact can be seen across our digital capabilities, supply chain, technology investments and the strong financial foundation we have built for the future," Morris said in a statement.

Albertsons operates 2,240 retail stores across 35 states and the District of Columbia under 22 banners, including Safeway, Vons, and Jewel-Osco, according to the company.

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