SAFEWAY CHAIRMAN TO RETIRE MAY 12

PLEASANTON, Calif. -- Safeway here said last week that Peter A. Magowan will retire as chairman at the chain's annual stockholders' meeting May 12.Magowan will stay with Safeway as a director, but the responsibilities of chairman will be assumed by Steve Burd, president and chief executive officer of the company.Magowan has held the chairman post since 1980, when he was also named chief executive

PLEASANTON, Calif. -- Safeway here said last week that Peter A. Magowan will retire as chairman at the chain's annual stockholders' meeting May 12.

Magowan will stay with Safeway as a director, but the responsibilities of chairman will be assumed by Steve Burd, president and chief executive officer of the company.

Magowan has held the chairman post since 1980, when he was also named chief executive officer. In April 1993, Magowan relinquished the title of CEO, and became presi

Register to view the full article