Albertsons Companies on Sept. 30 announced two leadership moves: the appointment of Cody Perdue as interim CFO, effective immediately, and the addition of Bill Boltz, Chris Drumgoole and Meg Ham to its board of directors, effective Oct. 14.
Perdue, who serves as SVP of treasury, investor relations and risk management, will continue to oversee those functions in the interim role. He succeeds Sharon McCollam, who previously announced plans to retire as president and CFO. McCollam will remain with the Boise, Idaho-based company in an advisory capacity through the end of the fiscal year on Feb. 27, 2027. The search for a permanent CFO is underway.
“Cody is a highly respected finance leader with a deep understanding of Albertsons and a strong record of helping guide our financial strategy,” said Susan Morris, CEO. “His experience across treasury, investor relations, financial reporting and risk management, together with the relationships he has built throughout the organization and with the investment community, make him well suited to lead the finance function during this transition.”
Perdue joined Albertsons in 2013 and has held his current role since 2025, following positions including group VP of treasury and investor relations. He previously worked at Deloitte and Touche LLP.
“Cody has been my right hand and a trusted partner to the entire leadership team,” McCollam said. “Throughout his career at Albertsons, he has been at the center of the company’s most significant strategic and financial transactions. He is a disciplined and thoughtful financial leader with excellent judgment, and I look forward to working with him to ensure a seamless transition.”
Board expands to 14 members
The three new directors join the board following the recent appointment of Meg Whitman as executive chair, expanding it from 11 to 14 members.
Ham is a grocery industry veteran who most recently served as president of Food Lion, where she led a turnaround that delivered 50 consecutive quarters of comparable-store sales growth. She brings more than 35 years of grocery retail experience and also serves on the board of Tractor Supply Co.
Boltz is EVP of merchandising for Lowe’s, overseeing merchandising, global sourcing, private brands, product development and omnichannel strategy. His four-decade career includes senior roles at The Home Depot, Sears and Chevron North America.
Drumgoole is COO of Aligned Data Centers and previously served as president of global infrastructure services at DXC Technology and CIO at General Electric, with a background in large-scale technology organizations, cybersecurity and AI-driven innovation.
“Albertsons is operating in an increasingly dynamic retail environment, and Bill, Chris and Meg bring expertise to our board that will help me and my team strengthen the business and serve customers,” Morris said. “Bill’s expertise in merchandising and omnichannel retail, Chris’ deep technology and AI capabilities, and Meg’s decades of grocery leadership and customer-focused transformation will be instrumental as we continue building a better, more agile company.”
Albertsons operates 2,240 retail stores, 1,708 in-store pharmacies, 408 fuel centers, 22 distribution centers and 19 manufacturing facilities in 35 states and the District of Columbia under 22 banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb and Randalls. Customers can shop in stores or online for delivery and pickup.
Related: Albertsons Names Whitman To New Executive Chair Role