Content about Steven Burd

April 29, 2013

Robert Edwards will replace Steven Burd as CEO of Safeway, the company announced Monday evening.

Robert Edwards will replace Steven Burd as CEO of Safeway, the company announced Monday evening.
 
Edwards, 57, currently serves as Safeway’s president and will assume CEO responsibilities on May 14 when Burd resigns as CEO and chairman. Filling the chairman role will be lead independent director T. Gary Rogers who will become non-executive chairman.
 

April 29, 2013

Robert Edwards will replace Steven Burd as CEO of Safeway, the company announced Monday evening.

Robert Edwards will replace Steven Burd as CEO of Safeway, the company announced Monday evening.
 
Edwards, 57, currently serves as Safeway’s president and will assume CEO responsibilities on May 14 when Burd resigns as CEO and chairman. Filling the chairman role will be lead independent director T. Gary Rogers who will become non-executive chairman.
 

March 15, 2013

Safeway president of merchandising, Kelly Griffith, was named to a new operational position, filling a void created by the retirement of EVP of retail operations Bruce Everette.

Safeway president of merchandising, Kelly Griffith, was named to a new operational position, filling a void created by the retirement of EVP of retail operations Bruce Everette.

January 4, 2013

Top food executives at Walmart are presumably in the crosshairs of Safeway recruiters now that longtime chairman and CEO Steve Burd has announced his retirement.

Top food executives at Walmart are presumably in the crosshairs of Safeway recruiters now that longtime chairman and CEO Steve Burd has announced his retirement.

January 3, 2013

The hunt is on for a new chief executive at Safeway following the resignation of longtime chairman and CEO Steve Burd.

The hunt is on for a new chief executive at Safeway following the resignation of longtime chairman and CEO Steve Burd.

Burd, 62, is scheduled to retire at the company’s annual stockholders meeting on May 14 and will aid in the search of his successor that is said to include internal and external candidates. Burd joined Safeway in October 1992 as president and was appointed CEO in May of the following year.

September 6, 2012

Safeway will package $150 million in real healthcare savings into an overall wellness strategy to be implemented over the course of 2013, the grocer's chairman and CEO Steve Burd told analysts Thursday morning at the Goldman Sachs 19th Annual Global Retailing Conference.

NEW YORK — Safeway will package $150 million in real healthcare savings into an overall wellness strategy to be implemented over the course of 2013, the grocer's chairman and CEO Steve Burd told analysts Thursday morning at the Goldman Sachs 19th Annual Global Retailing Conference.

July 20, 2012

Safeway’s recently rolled out Just 4 U loyalty program has chairman and CEO Steve Burd optimistic about the grocer’s prospects for sales growth and market share gains. Read more in this special report.
 

July 19, 2012

Undeterred by an abundance of headwinds facing conventional supermarket retailers, Safeway chairman and CEO Steve Burd expressed optimism about his company’s performance and prospects during the second half of the year.

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EN-US

April 27, 2012

Recent events, which have driven Wall Street analysts to speculate that Safeway is a buyout target, are not interrelated, Safeway chairman and CEO Steve Burd assured analysts Thursday morning during the grocer's first-quarter conference call.

PLEASANTON, Calif. — Recent events, which have driven Wall Street analysts to speculate that Safeway is a buyout target, are not interrelated, Safeway chairman and CEO Steve Burd assured analysts Thursday morning during the grocer's first-quarter conference call.

March 6, 2012

Safeway is projecting that 2012 will be a good year for the retailer.

PLEASANTON, Calif. — Safeway is projecting that 2012 will be a good year for the retailer.

The company said ahead of an investor conference held Tuesday that it forecasts earnings per share will be in the range of $1.90 to $2.10 per diluted share. This compared with net income of $1.49 per diluted share in fiscal 2011, due to a tax charge 29 cents per diluted share. Excluding the charge, diluted earnings per share would have been $1.78 in fiscal 2011.

February 24, 2011

Safeway surprised analysts Thursday morning with fourth-quarter earnings per share of 62 cents, well above a consensus of 57 cents among analysts.

PLEASANTON, Calif. — Safeway surprised analysts Thursday morning with fourth-quarter earnings per share of 62 cents, well above a consensus of 57 cents among analysts.

Total sales were up 0.9% to $12.8 billion in the fourth quarter. Higher fuel sales and an increase in the Canadian exchange rate were offset by reduced sales due to store closures and a 0.8% decline in identical-store sales, excluding fuel, the grocer reported. Same-store sales, excluding fuel, declined 0.5%. Fuel sales rose 23%.