Albertsons appoints Andrew Murray as CFO, effective January 17, 2027

Murray is currently group chief financial officer at Fonterra Co-Operative Group, the farmer-owned New Zealand co-operative and the world's largest dairy exporter. He is due to move from New Zealand to Boise before January 2027.

His responsibilities at Fonterra extend beyond finance to corporate strategy, acquisitions and mergers, business transformation, IT, financial trading, procurement and shared services. He entered the company in 2023 as chief financial officer for Global Markets and was appointed group CFO in 2024.

Albertsons chief executive Susan Morris cited Murray's experience in profitable growth and large-scale organisational transformation as important to the company's turnaround. She said the leadership team would work to simplify the organisation, strengthen decision-making, direct savings towards customer value and increase shareholder returns over the longer term.

Perdue has held the interim CFO position since September 30, 2026. He will continue as senior vice president responsible for Treasury, Investor Relations and Risk Management. Morris thanked him for leading the finance function during the transition and for his contributions to Albertsons.

Before Fonterra, Murray was CFO at Simplot Australia, where his remit covered finance, strategy, legal affairs and IT. His earlier career included leading a global finance-transformation programme at Toll Group. At Mondelez International, he held senior finance positions covering Australia and New Zealand, followed by the Asia Pacific, Middle East and Africa region.

Murray said he saw a significant opportunity at Albertsons and welcomed the timing of his appointment. He said he would work with Morris and the leadership team to pursue growth and deliver value to customers, employees, communities and shareholders.