Albertsons Names Interim CFO and Adds Three Directors to Board
ACI is trading near its 52-week low of $10.86 (7.0% above the low).
Summary
Albertsons appointed Cody Perdue as interim CFO and added three new independent directors, expanding the board to 14 members as part of its leadership transition.
Key Events · Executive and Board Changes · ACI
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Interim CFO Appointed
Cody Perdue, SVP of Treasury, IR and Risk Management, named Interim CFO effective September 30, 2026, succeeding retiring CFO Sharon McCollam. He receives a $350,000 annual stipend during the interim period.
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Three New Independent Directors
William P. Boltz (Lowe's EVP Merchandising), Chris Drumgoole (COO of Aligned Data Centers), and Margaret M. Ham (former Food Lion President) join the board effective October 14, 2026, expanding it from 11 to 14 members.
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CFO Transition Timeline
McCollam remains in an advisory role through fiscal year-end February 27, 2027; the search for a permanent CFO is underway.
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Governance Refresh Context
Follows the September 8, 2026 appointment of Meg Whitman as Executive Chair and the July 2026 announcement of McCollam's retirement, part of a broader leadership overhaul amid restructuring.
Analysis · ACI · Trade & Services
Albertsons filled its CFO vacancy with insider Cody Perdue on an interim basis and added three independent directors with deep retail and technology backgrounds. The board expansion from 11 to 14 members, combined with the recent appointment of Meg Whitman as Executive Chair, signals a governance refresh aimed at supporting the company's restructuring and turnaround efforts following its July profit warning and 22% share decline.
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In the 30 days to Oct 15, 2026, 29.3% of the 1516 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, ACI was trading at $11.62 on NYSE in the Trade & Services sector, with a market capitalization of approximately $5.6B. The 52-week trading range was $10.86 to $20.00. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.