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While CEO of Safeway in 2009, he earned a total compensation of $10,901,892, which included a base salary of $1,449,000, a cash bonus of $358,627, stock awards of $491,611 and options granted of $6,922,200. Steven Burd will receive another $7.5 million in stock as a result of the transaction that combines Safeway and Albertsons supermarket chain.
Safeway announced Wednesday after market close that, after "an unprecedented 20 years at the helm," Chairman and CEO Steve Burd has decided to retire as CEO, and will also retire from Safeway's ...
Safeway now has a new person occupying its chief executive's desk. The company has named Robert Edwards as its CEO, succeeding the retiring Steven Burd. Edwards, currently the president of the ...
Steven Burd, former CEO of the supermarket chain Safeway, told the court how Elizabeth Holmes talked him into a disastrous $30 million investment in Theranos.
Also in 2012, Safeway's then-current CEO, Steve Burd, agreed to build Theranos blood-testing locations at 800 locations, at the cost of $350 million. [44] The vision was to have blood test results done by checkout. Ultimately, the deal failed, and the company and CEO Burd suffered heavy financial losses as a result.
On April 18, 2005, Safeway began a $100 million brand re-positioning campaign labeled "Ingredients for life." This was done in an attempt to differentiate itself from its competitors, and to increase brand involvement. Steve Burd described it as "branding the shopping experience."
Now what: CEO Steve Burd also said that the company's loyalty programs helped drive profits, and a massive share buyback helped inflate per-share profits, as the weighted average number of shares ...
Steven Burd: 1971 Economics Chairman and president and CEO of Safeway Inc. [1] Donald Goerke: 1949 Mathematics Inventor of SpaghettiOs [2] Michael Jaharis: 1950 Business administration Founder of Kos Pharmaceuticals and Vatera Healthcare Partners LLC, and co-founder of Arisaph Pharmaceuticals [3] Gregg Steinhafel: 1977 Business administration