EXECUTIVE CHANGES: FORMER CEO MAGOWAN RESIGNS FROM SAFEWAY BOARD... ALBERTSONS NAMES KORMELUK TO MERCHANDISING POST... PENN TRAFFIC CFO DIMOND RESIGNS; MARTIN PROMOTED...

FORMER CEO MAGOWAN RESIGNS FROM SAFEWAY BOARDformer chairman, president and chief executive officer of Safeway here, said he would resign from Safeway's board of directors at the end of the month. "I'm leaving the board to further strengthen its independence," Magowan said in a statement. As a former CEO, Magowan was ineligible to serve on committees at Safeway, which has remade its board in recent

FORMER CEO MAGOWAN RESIGNS FROM SAFEWAY BOARD

former chairman, president and chief executive officer of Safeway here, said he would resign from Safeway's board of directors at the end of the month. "I'm leaving the board to further strengthen its independence," Magowan said in a statement. As a former CEO, Magowan was ineligible to serve on committees at Safeway, which has remade its board in recent months. Safeway also named Douglas Mackenzie to its board last month, increasing

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