Safeway’s Burd to Retire as Chairman and CEO

PLEASANTON, Calif. — Safeway here said Wednesday that longtime Chairman and Chief Executive Officer Steve Burd plans to retire in May.

Burd, one of the longest-tenured CEOs in food retailing, will have spent 20 years in the post when he steps down at the company’s annual meeting on May 14. He is also retiring as director. He had relinquish

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