newsfilter
← Latest News
Business Wire·

Albertsons® Companies Announces Retirement of President and Chief Financial Officer Sharon McCollam

  • Sharon McCollam, President & CFO of Albertsons Companies, announced plans to retire later this year.
  • McCollam will stay in her current role until a successor is named, then transition to an advisory capacity through Feb. 27, 2027.
  • The company is conducting a comprehensive search for a leader with financial acumen & strategic vision to drive sustainable growth.
  • CEO Susan Morris praised McCollam's critical role since 2021 in shaping financial, operational, & strategic priorities.
  • McCollam expressed gratitude for her five-year tenure & confidence in the company's future alongside her leadership team.
  • As of June 20, 2026, Albertsons operates 2,240 retail stores across 35 states & the District of Columbia.
  • The company's portfolio includes 1,708 in-store pharmacies, 408 fuel centers, 22 distribution centers, & 19 manufacturing facilities.
  • Stores operate under 22 banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, ACME, Tom Thumb, Randalls, & others.
  • In 2025, the company contributed $497 million in food & financial support, including $56 million through its Nourishing Neighbors Program.