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Albertsons Companies’ President and CFO to Retire

Albertsons store in Ardmore, Okla.

Boise, Idaho — Albertsons® Companies, Inc. has 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. Thereafter, McCollam will remain with the company in an advisory capacity until the end of the fiscal year, Feb. 27, 2027, to ensure a seamless transition.

“Sharon has been an exceptional partner in helping position Albertsons Cos. for its next chapter of growth,” says CEO Susan Morris. “Since joining the company in 2021, she has played a critical role in shaping our financial, operational and strategic priorities, bringing a unique combination of financial discipline, operational expertise and transformation leadership. Her impact can be seen across our digital capabilities, supply chain, technology investments and the strong financial foundation we have built for the future. On behalf of our board, leadership team and associates, I want to thank Sharon for her many contributions and wish her the very best in retirement.”

Albertsons Companies is a leading food and drug retailer in the United States. As of June 20, 2026, the company operated 2,240 retail stores with 1,708 in-store pharmacies, 408 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The company operates stores across 35 states and the District of Columbia under 22 well known banners including 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.

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