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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 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 ...
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."
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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 ...
What: Safeway shares were charging higher today, ... Now what: CEO Steve Burd also said that the company's loyalty programs helped drive profits, and a massive share buyback helped inflate per ...
Safeway retained the Randalls name in Houston and Austin and the Tom Thumb name in Dallas/Fort Worth but replaced many of the Tom Thumb/Randalls "Remarkable" and President's Choice store brands with Safeway private label items. Randalls Food Markets became Safeway's Texas division, which today is legally known as Randalls Food & Drugs.
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