Albertsons appoints David Zinsner to its Board as Independent Director and names Kim Fennebresque as new Board Chair

– USA, ID –  Albertsons Companies, Inc. (NYSE: ACI) announced the election of current Board member Kim Fennebresque as the new Chair of the Board of Directors, to succeed Jim Donald, who retired from the Board.

The company also announced the election of David Zinsner to its Board as an independent director.

About Kim Fennebresque

Kim Fennebresque has served as an independent director since 2015, providing leadership and insights on financial strategy, strategic initiatives, and risk management. He serves as the Chair of the Compensation Committee and a member of the Audit Committee. He is also the Chair of the Supervisory Board of BAWAG P.S.K., one of Austria’s largest banks, and he serves on the board of Ally Financial and as the Chair of BlueLinx Holdings. He served as a senior advisor to Cowen Group Inc., a diversified financial services firm, from 2008 to 2020, and as its Chairman, President, and CEO from 1999 to 2008.

About David Zinsner

David Zinsner has served as EVP and CFO of Intel Corporation since 2022, where he leads the company’s global finance organization, including accounting, reporting, tax, treasury, internal audit, and investor relations. He brings over 25 years of financial and operational experience in the technology and semiconductor industries, having held executive leadership positions at Micron Technology, Analog Devices, Intersil Corp., and Affirmed Networks.

About Albertsons Companies

Albertsons Companies is a leading food and drug retailer in the United States. As of June 14, 2025, the Company operated 2,264 retail stores with 1,725 in-store pharmacies, 408 associated fuel centers, 22 dedicated distribution centers, and 19 manufacturing facilities. The Company operates stores across 35 states and the District of Columbia under 22well-knownn banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets, and Balducci’s Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2024, along with the Albertsons Companies Foundation, the Company contributed more than $435 million in food and financial support, including more than $40 million through our Nourishing Neighbors Program to ensure those living in our communities and those impacted by disasters have enough to eat.

Albertsons, Safeway, Vons, Jewel-Osco, Tom Thumb, Randalls, United Supermarkets, Pavilions, Hagge, and Balducci’s Food Lovers Market are registered trademarks of Albertsons Companies Inc. or its subsidiaries. ACME, Carrs, Kings Food Markets, Shaw’s, and Star Market are trademarks of Albertsons Companies Inc. or its subsidiaries. Albertsons’ associated logos, product names, and services are trademarks of Albertsons Companies, Inc. All other trademarks are the property of their respective owners.

For more: https://www.albertsonscompanies.com/

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