BOISE, Idaho — BOISE, Idaho — Albertsons Cos. 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.
The company is 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.
“Sharon has been an exceptional partner in helping position Albertsons Cos. for its next chapter of growth," said Susan Morris, CEO. "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,” she added.
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.”r 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.
