PLEASANTON, Calif. (AP) -- Safeway Inc. has named Robert Edwards as its president, the grocery chain announced Monday.
Edwards, 56, has worked as Safeway's executive vice president and chief financial officer since 2004. He will continue in those roles until a successor is named.
Chairman and CEO Steve Burd said Edwards' assumption of the president's duties will let Burd focus more on strategic planning to drive the company's business over the long term.
Burd has been president of the company since 1992 and CEO and chairman since 1993
The company also announced that Larree Renda, 53, its executive vice president, will now oversee its real estate and information technology in addition to managing the company's human resources, labor relations, strategic initiatives, corporate social responsibility, government relations, public affairs and health departments.
Safeway, based in Pleasanton, Calif., operates 1,678 stores in the United States and Canada under the Safeway, Von's, Dominick's and other banners. The company's shares fell 8 cents to close at $19.64 on Monday.