An ongoing senior leadership transformation at 99 Cents Only stores has put a former Kmart executive in the role of interim CEO, and now the company has named a former Walmart executive as interim CFO for the second time.
The National Association of Chain Drug Stores announced during its Annual Meeting, the election of new officers, four new executive committee members and five new board of directors member for the coming year.
Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.
Safeway on Monday announced the appointment of Peter Bocian as its new executive vice president and CFO. Bocian, 58, will oversee the company's financial functions including accounting, tax, audit, treasury, investor relations, planning and business development.