NEWS WATCH: SAFEWAY ADVISES KEEPING CEO, CHAIRMAN TOGETHER...KROGER, UNION REACH TENTATIVE AGREEMENT IN INDIANA...WEIS BOOSTS CAP-EX 28%, PLANS FIVE NEW STORES

SAFEWAY ADVISES KEEPING CEO, CHAIRMAN TOGETHERrs of Safeway here last week recommended that shareholders vote against a proposal to split the company's chairman and chief executive officer roles. In its proxy statement mailed to shareholders and filed with the Securities and Exchange Commission, Safeway's board said its current corporate-governance structure "makes it unnecessary" to separate the

SAFEWAY ADVISES KEEPING CEO, CHAIRMAN TOGETHER

rs of Safeway here last week recommended that shareholders vote against a proposal to split the company's chairman and chief executive officer roles. In its proxy statement mailed to shareholders and filed with the Securities and Exchange Commission, Safeway's board said its current corporate-governance structure "makes it unnecessary" to separate the two positions. As previously reported, a group of pension funds that own stock in S

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