Albertsons Companies, Inc. Announces Changes to Board of Directors
Albertsons Companies, Inc. Class A (ACI)
US:NYSE Investor Relations:
investor.archcoal.com
Company Research
Source: Business Wire
Jim Donald Elected as Independent Chair of the BoardStephen Feinberg Appointed as a Member of the BoardChan Galbato Steps Down from the Board BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today announced that effective October 24, 2024, the Board of Directors (the “Board”) has elected Jim Donald as the sole independent Chair of the Board.Also, effective October 24, 2024, the Board appointed Stephen Feinberg to the Board for the term expiring at the Company’s 2025 annual meeting of stockholders. Cerberus Capital Management, L.P. (“CCM” and, along with its affiliates, “Cerberus”) designated Mr. Feinberg to the Board in accordance with the Stockholders Agreement dated June 25, 2020, by and among the Company and Cerberus (the “Stockholders’ Agreement”), after Chan Galbato stepped down from the Board on October 22, 2024. Mr. Galbato was previously designated to the Board in 2021 by Cerberus pursuant to the Stockholders’ Agreement.Vivek Sankaran, C
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News
- Albertsons Companies, Inc. (NYSE: ACI) had its "buy" rating re-affirmed by analysts at Tigress Financial. They now have a $27.00 price target on the stock.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) was upgraded by analysts at Melius Research from a "hold" rating to a "buy" rating. They now have a $24.00 price target on the stock.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) was upgraded by analysts at Melius from a "hold" rating to a "buy" rating. They now have a $24.00 price target on the stock.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) had its "market perform" rating re-affirmed by analysts at Wells Fargo & Company.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) was upgraded by analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating. They now have a $23.00 price target on the stock, up previously from $22.00.MarketBeat
ACI
Earnings
- 10/15/24 - Beat
ACI
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- ACI's page on the SEC website