Boise, Idaho — Albertsons® Companies, Inc. has named Andrew Murray as its new chief financial officer, effective Jan. 17, 2027. Murray brings extensive experience spanning finance, corporate strategy, capital allocation and enterprise transformation having held executive roles at consumer-focused businesses including Fonterra, Simplot Australia and Mondelez International. He succeeds Cody Perdue, who has served as interim CFO since Sept. 30, 2026. Perdue will continue with the company in his role as senior vice president of treasury, investor relations and Risk Management.
“Andrew is a highly respected senior leader with strong expertise in driving profitable growth and large-scale business transformation which will be invaluable during this critical turnaround time at Albertsons,” says Susan Morris, CEO of Albertsons Companies. “I look forward to working with Andrew and our leadership team as we simplify the organization, improve decision-making, reinvest savings in customer value and boost long term shareholder returns.”
Murray currently serves as group chief financial officer of Fonterra Co-Operative Group, the world’s largest dairy exporter and co-operative in New Zealand owned by farmers. At Fonterra, Murray oversees finance as well as strategy, mergers and acquisitions, transformation, information technology, financial trading, shared services and procurement. He joined Fonterra in 2023 as CFO, Global Markets, before becoming group CFO in 2024. Murray will relocate from New Zealand to Boise prior to January 2027.
Albertsons Companies is a leading food and drug retailer in the United States. As of Sept.12, 2026, the company operated 2,240 retail stores with 1,709 in-store pharmacies, 408 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. Brand banners include Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci’s Food Lovers Market.
SOURCE: Albertsons® Companies, Inc.