Albertsons Announces Executive and Director Changes
Ticker: ACI · Form: 8-K · Filed: Oct 28, 2024 · CIK: 1646972
| Field | Detail |
|---|---|
| Company | Albertsons Companies, Inc. (ACI) |
| Form Type | 8-K |
| Filed Date | Oct 28, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $66 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
Related Tickers: ACI
TL;DR
Albertsons shakes up board and execs, new director Susan McCreight in, Bob Miller out.
AI Summary
Albertsons Companies, Inc. announced on October 22, 2024, changes in its executive team and board of directors. Specifically, the company reported the departure of Director Robert Miller and the election of new Director Susan McCreight. Additionally, the company disclosed compensatory arrangements for certain officers.
Why It Matters
Changes in a company's board and executive leadership can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing details routine corporate governance changes and compensatory arrangements, which typically carry low inherent risk.
Key Players & Entities
- Albertsons Companies, Inc. (company) — Registrant
- Robert Miller (person) — Departing Director
- Susan McCreight (person) — Newly Elected Director
- October 22, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from Albertsons' board of directors?
Robert Miller has departed from the board of directors.
Who has been elected as a new director to the board?
Susan McCreight has been elected as a new director.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 22, 2024.
What is the principal executive office address for Albertsons Companies, Inc.?
The address is 250 Parkcenter Blvd., Boise, Idaho 83706.
Under which section of the Securities Exchange Act of 1934 is this Current Report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 781 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-10-28 16:15:23
Key Financial Figures
- $0.01 — which registered Class A common stock, $0.01 par value ACI New York Stock Exchange
- $66 billion — Act of 1940. Cerberus has approximately $66 billion of assets under management for investme
Filing Documents
- aci-20241022.htm (8-K) — 27KB
- 0001646972-24-000229.txt ( ) — 148KB
- aci-20241022.xsd (EX-101.SCH) — 2KB
- aci-20241022_lab.xml (EX-101.LAB) — 21KB
- aci-20241022_pre.xml (EX-101.PRE) — 12KB
- aci-20241022_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Albertsons Companies, Inc. (Registrant) October 28, 2024 By: /s/ Bipasha Mukherjee Name: Bipasha Mukherjee Title: Vice President - Corporate & Securities, Corporate Secretary