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Albertsons Names McCollam President

Specialty Food Association

Sharon McCollam will join Albertsons Companies on Sept. 7 as president and chief financial officer, the retailer announced Tuesday. McCollam will succeed Bob Dimond, who will be retiring and will remain with the Company as an advisor through February 2022 to ensure a seamless transition.

McCollam, 59, retired from Best Buy in 2016 where she served as executive vice president, chief administrative, and chief financial officer. Prior to Best Buy, she held several leadership positions at Williams-Sonoma, Inc. from 2000 to 2012, including chief operating and chief financial officer from 2006 to 2012. Since retiring from Best Buy, McCollam has served as a member of several corporate boards, including companies with a strong consumer, ecommerce, and healthcare presence.

“I am thrilled to have Sharon join the Albertsons team,” said Vivek Sankaran, CEO, in a statement. “We are entering the next phase of our transformation, centered on building deeper relationships with customers through data, technology, and connected omni-channel solutions. Sharon has done just this throughout her career, helping to engineer multiple retail transformations, including the spectacular turnaround of Best Buy and the digital transformation at Williams-Sonoma. Sharon is well-known for her expertise in retail operations and digital growth strategies as well as her passion for building customer-centric cultures. I look forward to working closely with her to architect the evolution of our strategy and create value for all of our stakeholders.”

Related: Albertsons Adds Ready-to-Heat Meals; Albertsons Ceases In-House Deliveries.