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Albertsons Companies (NYSE: ACI) details CFO Sharon McCollam's 2026 retirement plan

(Moderate)
(Neutral)
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8-K

Rhea-AI Filing Summary

Albertsons Companies, Inc. announced that President and Chief Financial Officer Sharon McCollam plans to retire later in 2026. She will remain in her current role until a successor is named and then serve in an advisory capacity through the fiscal year ending February 27, 2027 to support a smooth transition.

The company is conducting a comprehensive search for a successor described as a transformational leader with strong financial and strategic capabilities. Management credits McCollam, who joined in 2021, with helping shape financial, operational and strategic priorities and strengthening digital capabilities, supply chain, technology investments and the company’s financial foundation.

Positive

  • None.

Negative

  • Retirement of President and CFO Sharon McCollam removes a senior leader credited with key financial, operational and strategic contributions, creating a leadership transition at the top finance role during 2026.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Retail stores operated 2,240 stores As of June 20, 2026, retail stores operated in the United States
In-store pharmacies 1,708 pharmacies As of June 20, 2026, in-store pharmacies operating within the retail store base
Associated fuel centers 408 fuel centers As of June 20, 2026, fuel centers associated with Albertsons locations
Distribution centers 22 dedicated distribution centers As of June 20, 2026, dedicated distribution centers supporting operations
Manufacturing facilities 19 manufacturing facilities As of June 20, 2026, manufacturing facilities operated by the company
Community support contributions $497 million Food and financial support contributed in 2025 with Albertsons Companies Foundation
Nourishing Neighbors Program support $56 million Portion of 2025 contributions through the Nourishing Neighbors Program
Emerging growth company regulatory
"Reference to Emerging growth company under Rule 12b-2 of the Exchange Act"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Inline XBRL technical
"Cover Page Interactive Data File embedded within the Inline XBRL document"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
Nourishing Neighbors Program financial
"Including $56 million through its Nourishing Neighbors Program to ensure communities have enough to eat"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What leadership change did Albertsons (ACI) announce on July 23, 2026?

Albertsons Companies announced that President and Chief Financial Officer Sharon McCollam plans to retire later in 2026. She will stay in her position until a successor is named and then continue in an advisory role through the fiscal year ending February 27, 2027.

How long will Sharon McCollam remain with Albertsons (ACI) during the transition?

Sharon McCollam will remain as President and CFO until her successor is named, then serve in an advisory capacity. That advisory role will continue until the end of Albertsons’ fiscal year, which concludes on February 27, 2027, to help ensure a smooth leadership transition.

What type of successor is Albertsons (ACI) seeking for the CFO role?

Albertsons states it is conducting a comprehensive search for a transformational leader to succeed Sharon McCollam. The company emphasizes a combination of exceptional financial acumen and strategic vision aimed at driving sustainable growth and long-term value for the business.

How extensive is Albertsons (ACI)’s retail footprint as of June 20, 2026?

As of June 20, 2026, Albertsons operated 2,240 retail stores in the United States. The network includes 1,708 in-store pharmacies, 408 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities across 35 states and the District of Columbia.

What community support did Albertsons (ACI) provide in 2025?

In 2025, Albertsons and the Albertsons Companies Foundation contributed $497 million in food and financial support. This total includes $56 million through its Nourishing Neighbors Program, focused on helping people in its communities and those affected by disasters have enough to eat.

How does Albertsons (ACI) describe Sharon McCollam’s impact on the company?

Albertsons credits Sharon McCollam with playing a critical role in shaping financial, operational and strategic priorities since 2021. Her impact is highlighted across digital capabilities, supply chain, technology investments and helping build what the company calls a strong financial foundation for future growth.
0001646972False00016469722026-07-232026-07-23

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 23, 2026
 
Albertsons Companies, Inc.
(Exact Name of Registrant as Specified in Charter)
 
Delaware001-3935047-4376911
(State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)
 
250 Parkcenter Blvd.
Boise, Idaho 83706
(Address of principal executive office and zip code)
(208) 395-6200
(Registrant’s telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A common stock, $0.01 par valueACINew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.




Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 23, 2026, Albertsons Companies, Inc. (the "Company") issued a press release announcing that Sharon McCollam, President and Chief Financial Officer, informed the Company that she has decided to retire later this year. Ms. McCollam will remain in her role until a successor is named and thereafter will remain in an advisory capacity until the end of the fiscal year, February 27, 2027, to assist with the transition.

A copy of the press release announcing this update is attached to this report as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are being filed herewith:
99.1
Press Release Dated July 23, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
    




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)
July 23, 2026By:/s/ Thomas Moriarty
Name:Thomas Moriarty
Title:Executive Vice President, M&A and Corporate Affairs



Exhibit 99.1

Albertsons® Companies, Inc. Announces Retirement of President and Chief Financial officer Sharon McCollam

BOISE, Idaho – July 23, 2026 – Albertsons® Companies, Inc. (NYSE: ACI) today announced that Sharon McCollam, the company's President and Chief Financial Officer plans to retire later this year. McCollam will remain in her role until a successor is named. Thereafter, McCollam will remain with the company in an advisory capacity until the end of the fiscal year, Feb. 27, 2027, to ensure a seamless transition. We are conducting a comprehensive search process to identify a transformational leader who combines exceptional financial acumen with the strategic vision to drive sustainable growth and long-term value.

Susan Morris, CEO commented, "Sharon has been an exceptional partner in helping position Albertsons Cos. for its next chapter of growth. Since joining the company in 2021, she has played a critical role in shaping our financial, operational and strategic priorities, bringing a unique combination of financial discipline, operational expertise and transformation leadership. Her impact can be seen across our digital capabilities, supply chain, technology investments and the strong financial foundation we have built for the future. On behalf of our Board, leadership team and associates, I want to thank Sharon for her many contributions and wish her the very best in retirement."
Sharon McCollam, President and CFO commented, "As I reflect on the past five years, I am filled with gratitude. It has been a privilege to serve and work alongside such talented teams across the organization. Together, we have strengthened the company, navigated significant change and built an even stronger foundation for the future. I retire with tremendous confidence in Albertsons' future and deep appreciation for our associates, leadership team and everyone who made this journey so meaningful. I want to sincerely thank Susan, who has been an extraordinary leader and an inspiring business partner, my peers, our corporate and frontline associates, and in particular, my direct reports for their exceptional contributions to the Albertsons Cos. story. I would also like to thank our Board and shareholders for their support. It has been an honor to be part of the Albertsons family."
About Albertsons Companies
Albertsons Companies is a leading food and drug retailer in the United States. As of June 20, 2026, the Company operated 2,240 retail stores with 1,708 in-store pharmacies, 408 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 35 states and the District of Columbia under 22 well known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2025, along with the Albertsons Companies Foundation, the Company contributed $497 million in food and financial support, including $56 million through its Nourishing Neighbors Program, to ensure those living in its communities and those impacted by disasters have enough to eat.

Albertsons, Safeway, Vons, Jewel-Osco, Tom Thumb, Randalls, United Supermarkets, Pavilions, Haggen and Balducci's Food Lovers Market are registered trademarks of Albertsons Companies Inc. or its subsidiaries. ACME, Carrs, Kings Food Markets,Shaw's, and Star Market are trademarks of Albertsons Companies Inc. or its subsidiaries. Albertsons associated logos, product names and services are




trademarks of Albertsons Companies, Inc. All other trademarks are the property of their respective owners.
Contacts
Media Relations Contact: media@albertsons.com



Filing Exhibits & Attachments

4 documents