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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.
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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 ...
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