Safeway elects new board member; declares quarterly dividend

PLEASANTON, Calif. — The former chairman and CEO of Dreyer's Grand Ice Cream has joined Safeway's board of directors.

The appointment of T. Gary Rogers will expand the retailer's board of directors from nine to 10 members.

"Gary's vast experience as a supplier to the grocery industry, his business acumen and experience as a director will be great assets to the board," said Steve Burd, Safeway chairman, president and CEO. "We are pleased he is joining our board."

Separately, Safeway also declared a quarterly dividend of 12 cents per share, which will be payable on April 14 to stockholders of record at the close of business on March 24. Prior to this announcement, the retailer declared the same dividend amount in December 2010.

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