$ACI · Albertsons Companies, Inc.
Albertsons Companies filed an 8-K announcing the appointment of Andrew Murray as Executive Vice President and CFO, effective January 17, 2027. Murray, 49, currently Group CFO of Fonterra Co-Operative Group, will receive a $900,000 base salary, 100% target cash bonus, $3.5 million target annual equity, plus a $1 million cash sign-on and $1 million sign-on equity award vesting over two years. Interim CFO Cody Perdue, who has served since Sept. 30, 2026, will resume his role as SVP of Treasury, Investor Relations and Risk Management.
- Murray joins from Fonterra, where he has been Group CFO since 2024.
- Compensation includes $900,000 base salary and 100% target cash bonus.
- Target annual equity award is $3.5 million beginning with FY26.
- One-time sign-on: $1 million cash plus $1 million equity vesting over two years.
- Interim CFO Cody Perdue returns to SVP Treasury, IR and Risk Management role.
Markets closed — no regular-session reaction yet; extended-hours move not captured here.
A permanent CFO hire closes a leadership gap during a stated turnaround, but the appointment is routine succession news.
The hire brings a consumer-products and agribusiness finance leader into a grocery retailer navigating a turnaround under CEO Susan Morris.
Murray must repay the $1 million cash sign-on if terminated for cause or if he resigns before January 17, 2029.