On a national basis, we fund only organizations working in the area of Hunger through our Nourishing Neighbors Campaign. Connect and network with a community of food safety professionals throughout the supply chain. Officers, directors, trustees, and key employees, Analyze a variety of pre-calculated financial metrics, Access beautifully interactive analysis and comparison tools, Compare nonprofit financials to similar organizations, Revenue and expense data for the current fiscal year, CEO, Board Chair, and Board of Directors information, *with the ability to download the data for 2020, 2019, 2018, 2017, 2016. Ms. Allen also served as a member of the Global Board of Directors, Chair of the Global Risk Committee and U.S. Representative of the Global Governance Committee of Deloitte during this time. It is also anticipated that there will be a step up in Blackhawk's tax basis in assets which could generate approximately $30 million in cash tax savings per annum for Blackhawk. From 2012 to 2014, Ms. West served as Executive Vice President & Chief Category and Marketing Officer of Mondelez International, Inc., the snack foods division spun off from Kraft Foods, Inc. in 2012. Ms. West has served on our Board since 2020 and currently serves as a Senior Advisor for McKinsey & Company. Mr. Galbato served on the boards of Blue Bird Corporation, the leading independent designer and manufacturer of school buses, from February 2015 to April 2023, KORE Group Holdings Inc., a pioneer in delivering IoT solutions and services, from September 2021 to February 2022, and AutoWeb, Inc., an automotive media and marketing services company, from January 2019 to May 2022. Since 2000, he has served as a director and board president of Los Angeles Public Counsel, a pro bono organization. These statements are indicated by words such as "expects," "will," "plans," "intends," "committed to," "estimates" and "is." Shopping Companies With More Than 10 Employees, Health Care Acquired Companies With More Than 500 Employees, Shopping Acquired Companies With More Than $1M in Revenue, E-Commerce Companies With More Than $500 in Revenue, Retail Acquired Companies With More Than $500 in Revenue, Internet Companies With More Than $500 in Revenue, Food and Beverage Acquired Companies With More Than 500 Employees, Health Care Acquired Companies With More Than $50M in Revenue, Total number of current Advisors and Board roles the person has, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Organization Name: This is the name of the organization, Title At Company: Title of a Person's Job, Start Date: Start date of the Person's Job, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Number of news articles that reference the Person, Executive Vice President and Chief Financial Officer, TalentSky Is Building A Professional Network With A Focus On Verified Skills, Target beefs up board, former CEOs of Safeway, Clorox. The merger agreement includes a so-called "go-shop" period, during which Safeway, with the assistance of Goldman Sachs, its financial advisor, will actively solicit, receive, evaluate and potentially enter into negotiations with parties that offer alternative proposals. By visiting this website, certain cookies have already been set, which you may delete and block. Prior to joining Cerberus, Mr. Wille worked in the leveraged finance group at Deutsche Bank Securities Inc. from 2004 to 2006. Read More . During the extended time, Safeway would not be permitted to pay a dividend to its shareholders but shareholders would receive additional cash consideration equal to 6% per annum on the $32.50 per share cash price for the number of days that pass during the three month extension until closing. Casa Ley is a private company, and does not publicly disclose financials. Vivek joined Albertsons Companies, Inc. in April 2019 and serves as the companys Chief Executive James L. Donald Co-chair. Her leadership and corporate governance experience with large public companies is valuable to our Boards governance strategic planning, and risk management oversight. We look forward to working with Bob Miller and the rest of the Albertsons team as we proceed together on a path towards becoming an even stronger organization.". aka SAFEWAY FOUNDATION | Pleasanton, CA | www.safewayfoundation.org. The proceeds are from: 1. Its intentional. Subscribe and follow. 250-483-1600. He has deep experience in BrandSafways end markets and a track record of driving commercial and operational excellence in both public and private companies. BOARD OF DIRECTORS Officers President & Chairman Scott Drew President Smart & Final Commerce, CA Vice President Paul Gianetto SVP Sales & Realizing substantial cost savings will allow for investments that are expected to benefit customers, including price reductions as well as store remodels and refurbishments. This filing does not constitute a solicitation of any vote or approval. Prior to Citadel, Mr. Turner served as COO of Microsoft Corporation, an American multinational technology corporation, from 2005 to 2016, and as CEO and President of Sams Club, an American chain of membership-only retail warehouse clubs owned and operated by Walmart Inc., from 2002 to 2005. WebBoard N-1 President & CEO Vivek Sankaran Move Vice Chairman Of The Board Kevin Turner Move Co-Chairman Jim Donald Move Co-Chairman of the Board Chan Galbato Ms. West provides our Board with expertise in marketing, brand building and strategic and operational planning for consumer-focused companies. It also brings together two great organizations with talented management teams. Additional Information and Where to Find It Safeway will soon be initiating a process to sell PDC. Markets never sleep, and neither does Bloomberg News. On a combined basis, the value of the CVRs is estimated in the range of $3.45 to $3.85 per share. Podcast: How long can the private brand streak last? GuideStar worked with BoardSource, the national leader /sites/all/themes/penton_subtheme_supermarketnews/images/logos/footer.png. Highlight your management teams expertise. WebMember of the Board of Directors, Caseys General Stores, Inc. since 2014 (also member of the Compensation (Chair) Committee; Member of the Board of Directors, International Safeway has begun discussions with the majority owners of Casa Ley regarding a potential sale of Safeway's interests. Safeway owns 49% of Casa Ley, the fifth largest food and general merchandise retailer in Mexico based on sales. Mr. Turners strategic and operational leadership skills and expertise in online worldwide sales, global operations, supply chain, merchandising, branding, marketing, information technology and public relations provide our Board with valuable insight relevant to our business. BrandSafway has a strong financial position with significant liquidity, allowing it to pursue the significant organic and inorganic growth opportunities available in its markets, said Garcia. This will direct queries through the Office of the Senior Vice President, General Counsel, and Corporate Secretary. Chief Executive Officer & Director: 59: 2021: Sharon McCollam: President & Chief Financial Officer: 60: 2021: Anuj Dhanda: Chief Information Officer & Executive VP: "This Merger is one of several actions we have taken in recent months as a result of our strategic business review. These statements are based on management's assumptions and beliefs in light of the information currently available to it. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur. BrandSafway supports maintenance and refurbishment projects as well as new construction. We focus on giving locally in the areas of health and human services, hunger relief, education and helping people living with disabilities. BrandSafway board of directors appoints new leadership, Karl Fessenden joins as CEO and Christian Garcia as EVP and CFO. Cameron Thistle works as a Director, Retail Support at Safeway Canada, which is a Retail company with an estimated 170 employees. Follow the money, Stock Market Today: Wall Street Rises to Cap a Winning April, Powerful New Obesity Drug Poised to Upend Weight Loss Care, Analyst Breaks Down Thursday's Market as Stocks Climb Amid Strong Tech Earnings, Boeing to increase 737 Max production despite ongoing production issues. About Cerberus Capital Management, L.P. AB Acquisition is the owner of Albertson's LLC and New Albertson's, Inc. (collectively "Albertsons") and is controlled by a Cerberus Capital Management, L.P. ("Cerberus")-led investor group, which also includes Kimco Realty Corporation. Mr. Fennebresque previously served on the boards of Ribbon Communications Inc., a provider of network communications solutions, Delta Tucker Holdings, Inc. (the parent of DynCorp International, a provider of defense and technical services and government outsourced solutions), and Rotor Acquisition Corp., a special purpose acquisition company, from November 2020 to June 2021. For a competing bidder who did not qualify during the go-shop period, the termination fee would be $250 million. to get more GuideStar Nonprofit Profile data today! Regular Quarterly Dividends "Similarly, Safeway has consistently provided outstanding value and customer service throughout the communities it serves. He currently serves on the board of Amgen Inc. and the Charles Schwab Corp. Oder was Safeways executive vice president of labor relations, human resources, legal and public affairs from 1993 to 2000. Albertsons' Chief Executive Officer Bob Miller stated, "This transaction offers us the opportunity to better serve customers by adapting more quickly to evolving shopping preferences in diverse regions across the country. Prabhu is the Vice Chair, Chief Financial Officer of Visa Inc. At Albertsons Companies, Inc., we promise to treat your data with respect and will not share your information with any third party. Schulte Roth & Zabel LLP served as lead outside legal counsel to Albertsons, Cerberus and the investor group, and Dechert LLP, Schulte Roth & Zabel LLP and Baker Botts LLP served as outside legal counsel on antitrust matters. George Charters Board Member Jun 1, 1998. Robert Edwards, Safeway's current President and Chief Executive Officer, will become President and Chief Executive Officer of the combined company. The merger agreement was unanimously approved by the Board of Directors of Safeway. Im looking forward to helping drive the next phase of the companys growth., With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Ms. Allen is a Certified Public Accountant (Retired), and her extensive accounting and audit experience broadens the scope of our Boards oversight of our financial performance and reporting. The merger agreement was unanimously approved by the Board of Directors of Safeway. Global Corporate Headquarters Learn about the most recent outbreaks, contaminants, and regulations from leading subject matter experts. Vivek has an MBA from the University of Michigan, a master's degree in manufacturing from Georgia Institute of Technology and a bachelor's degree in mechanical engineering from the Indian Institute of Technology in Chennai. Thomas Nelson has been working as a Store Director at Safeway for 20 years. The sale of the assets of real-estate development subsidiary Property, Development Centers, LLC ("PDC") comprised of its shopping center, portfolio including certain related Safeway stores, and, 2. Summary Programs + Results Financials Operations. Ms. West has served on the boards of Hasbro, Inc. a global play and entertainment company, since June 2016 and Lowes Inc., a home improvement retailer, since April 2021. Mr. Dreiling has served as a director and Executive Chairman of Dollar Tree, Inc., a leading operator of discount variety stores, since March 2022 and was appointed Chief Executive Officer in January 2023. He co-led the firms North American purchasing and supply management practice and was on the leadership team of the North American retail practice. Kevin Turner (born April 3, 1965) is an American businessman and investor who is currently the chairman of Zayo Group and the vice chairman of Albertsons / Safeway Inc. Cerberus has more than US $25 billion under management invested in four primary strategies: distressed securities & assets; control and non-control private equity; commercial mid-market lending and real estate-related investments. DELTA NEWS ON THE GO. Value to Safeway Shareholders and Albertsons announced today a definitive agreement under which AB Acquisition LLC ("AB Acquisition") will acquire all outstanding shares of Safeway (the "Merger"). The combined value for Safeway shareholders who receive both a distribution of Blackhawk shares and the aggregate cash and contingent consideration in the Merger, based on Safeway's current estimates of the value of the contingent consideration, would represent a premium of 72 percent over Safeway's closing share price of $23.27 on March 6, 2013, one year ago; 56 percent over Safeway's closing price of $25.62 on September 6, 2013, six months ago; and 17 percent over Safeway's closing share price of $34.10 on February 18, 2014, the day before Safeway announced it was in discussions regarding a potential sale of the company. Design, CMS, Hosting & Web Development :: ePublishing, This website requires certain cookies to work and uses other cookies to help you have the best experience. Go-Shop Period Gary Steadman is a Store Director at Safeway based in Pleasanton, California. Formed in 2008, PDC is a wholly owned subsidiary of Safeway Inc., engaged in retail shopping center development and capitalizing on Safeway's core real estate competency. WebSafeway has 1 board of directors, including George Morrow. Learn more This organization is required to file an IRS Form 990 or 990-EZ. Over his ten-year career at PepsiCo, in addition to leading Frito-Lay, Vivek also served as the chief commercial officer for PepsiCo North America, Chief Customer Officer of Frito-Lay, and as the Senior Vice President of Strategy for PepsiCo. He has also held various positions at First Boston Corporation, an investment bank acquired by Credit Suisse. Item 10. Garcia is a three-time public company CFO with experience across all aspects of the financial function. The Blackhawk distribution is intended to maximize the value of Safeway's long-term investment in Blackhawk, which the Board determined to be in the best interests of Safeway, Blackhawk, and the shareholders of both companies. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. The proceeds are from: Shareholders are urged to read the proxy statement when it becomes available and any other documents to be filed with the SEC in connection with the proposed acquisition or incorporated by reference in the proxy statement because they will contain important information about the proposed acquisition. Prior to Core Scientific, Mr. Turner was a CEO of Citadel Securities and Vice Chairman of Citadel LLC, both global financial institutions. Under the merger agreement, Safeway shareholders will receive $32.50 per share in cash. 2014: Empire : Safeway acquisition boosts Sobeys owner Empire's profit: RE. Mr. Prabhu is the Vice Chair, Chief Financial Officer of Visa Inc. The Merger will enable Albertsons and Safeway to implement operational best practices in order to offer customers an enhanced shopping experience and more competitive prices, while enabling the combined company to pursue industry-leading customer service in an increasingly competitive and dynamic marketplace. "Similarly, Safeway has consistently provided outstanding value and customer service throughout the communities it serves. The Merger will create a diversified network that includes over 2,400 stores, 27 distribution facilities and 20 manufacturing plants with over 250,000 dedicated and loyal employees.

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