Albertsons Companies (NYSE: ACI) appointed Bill Boltz, Chris Drumgoole, and Meg Ham to its Board of Directors effective October 14, 2026. The appointments expand the board from 11 to 14 members, following the recent elevation of Meg Whitman to Executive Chair.

The new directors bring specialized experience in retail merchandising, technology infrastructure, and grocery operations. These additions aim to support Albertsons' long-term growth strategy by strengthening execution capabilities in a dynamic retail environment.

Board composition and strategic focus

The board expansion reflects a targeted approach to addressing specific operational needs. Each appointee contributes distinct expertise relevant to the company's omnichannel and digital transformation goals.

Leadership perspectives on the appointments

Meg Whitman, Executive Chair, stated that the appointments demonstrate a commitment to supporting strategic priorities. She noted that the combination of retail, merchandising, and technology expertise will be invaluable to the company's success.

Susan Morris, CEO of Albertsons, emphasized that the board's enhanced capabilities will help strengthen the business. She highlighted Boltz's merchandising insight, Drumgoole's technology and AI capabilities, and Ham's decades of grocery leadership as instrumental to building a more agile company.

Background of new directors

Bill Boltz currently oversees merchandising and global sourcing for Lowe's, managing operations across more than 1,700 stores. His career includes senior roles at The Home Depot and Sears, with extensive experience in supply chain modernization and vendor management.

Chris Drumgoole leads operations and platform delivery at Aligned Data Centers. Previously, he served as President of Global Infrastructure Services at DXC Technology and Chief Information Officer at General Electric, where he managed mission-critical infrastructure and cybersecurity programs.

Meg Ham most recently served as President of Food Lion, a $22 billion grocery business with over 1,100 stores. During her tenure, she led a significant turnaround marked by consistent comparable-store sales growth. She also serves on the board of Tractor Supply Company.

Company profile

Albertsons is a leading food and drug retailer in the United States. As of June 20, 2026, the company operated 2,240 retail stores with 1,708 in-store pharmacies across 35 states and the District of Columbia. The network includes 408 associated fuel centers, 22 dedicated distribution centers, and 19 manufacturing facilities under 22 banners including Safeway, Vons, and Jewel-Osco.

Albertsons Companies (NYSE: ACI) will announce financial results for the second quarter of fiscal 2026 on Tuesday, October 13, 2026. The release is scheduled for before the market opens.

The company will host a conference call to discuss the results at 8:30 am (EDT) on the same day. Investors can access the live broadcast via the "Events & Presentations" section of the Albertsons Companies investor relations website.

Earnings Call Details

The fiscal quarter ended on September 12, 2026. A replay of the conference call will remain available for approximately two weeks following the completion of the live session.

Company Profile

Albertsons Companies operates as a leading food and drug retailer in the United States. As of June 20, 2026, the company maintained a significant operational footprint across the country.

The retailer operates stores in 35 states and the District of Columbia under 22 banners, including Albertsons, Safeway, Vons, and Jewel-Osco. In 2025, the company contributed $497 million in food and financial support through its foundation, including $56 million via the Nourishing Neighbors Program.