Robert Edwards, Safeway

Robert Edwards, Safeway

2014 Power 50 Conventional Retailers: No. 3 Robert Edwards President and CEO Safeway Key Development: Agreeing to the sale of Safeway to Albertsons.  What’s Next: Getting federal approval to merge the two companies.

Robert Edwards, president and CEO of Safeway, is doing the job for which he was hired — maximizing shareholder value.

He’s doing that by overseeing the sale of the company to Albertsons for $15 above the price at which shares were selling before the deal with announced in April.

Industry sources told SN the executive committee of Pleasanton, Calif.-based Safeway may have decided, at the time Edwards was named president in May 2013, that the chain had cut spending to it

All access premium subscription

Why Subscribe To SN Digital Access?


Digital Access gives you unlimited online access to our most premium news and analysis such as October 2016. This includes in-depth stories and insights from our team of editors and guest writers as well as free eNewsletters, blogs, real-time polls, archives and more. In addition you will also receive complimentary access to the SN salary survey data tables.


Questions about your account or how to access content?
Contact: Desiree Torres [email protected]

If you are registered, pleaselog-in to access Premium Content.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish