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Albertsons Names Meg Whitman Executive Chair and Advisor

9/9/2026

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Summary

Story summary

Albertsons appointed Meg Whitman as executive chair of its board.
The board grew to eleven members, making Kim Fennebresque the lead independent director.
Whitman will also serve as operations and strategic advisor to CEO Susan Morris.
Albertsons announced a July 2026 plan to merge eleven divisions into four regions and centralize merchandising.
The plan follows a first-quarter comparable-store sales decline and flat overall sales.

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Story summary

Albertsons appointed Meg Whitman as executive chair of its board.
The board grew to eleven members, making Kim Fennebresque the lead independent director.
Whitman will also serve as operations and strategic advisor to CEO Susan Morris.
Albertsons announced a July 2026 plan to merge eleven divisions into four regions and centralize merchandising.
The plan follows a first-quarter comparable-store sales decline and flat overall sales.