Tuesday April 30th, 2013 - 9:19AM
Safeway Inc. has announced that Robert Edwards, currently the company’s president, will succeed Steven Burd as CEO upon his retirement as chairman and chief executive officer on May 14. Edwards also will join Safeway’s board of directors, the company stated.
T. Gary Rogers, currently the company's lead independent director, will become non-executive chairman upon Burd's retirement, Safeway also announced.
Edwards joined Safeway as executive vp and CFO in 2004. In April 2012, he was named president, with overall responsibility for running the company's retail operations, marketing, merchandising, corporate brands, manufacturing, distribution and finance functions, Safeway said. He continued as CFO until Peter Bocian succeeded him in February 2013.
"Since he arrived here in 2004, Robert has successfully met every challenge he has faced," Burd said, in announcing the appointment. "He has demonstrated the ability to lead the company in all facets of its operations and has earned the respect of the entire organization."
Rogers has been a member of the company's board since March 2011. He is the former chairman and CEO of Dreyer's Grand Ice Cream, Inc., where he led the development of the nation's largest ice cream company from 1977 to 2007, Safeway noted. He later served as non-executive chairman of Levi Strauss & Co. and of the Federal Reserve Bank of San Francisco.