Albertsons president and chief operating officer Jim Donald has been appointed president and chief executive officer of Albertsons Companies. Chairman and CEO Robert Miller remains as chairman of the Board.
Donald’s 47-year retail career began as a trainee in Florida with Publix Supermarkets. He joined Albertsons in 1976, which culminated in his being appointed vice president of operations in Arizona. In 1991, he was recruited by Sam Walton to join Walmart to lead the development of its grocery business and Superstore concept. Donald held major positions at Safeway and Pathmark Stores, before he was appointed to serve as president and CEO of Starbucks in 2002, where he lead the company through five straight years of 20-percent-plus earnings increases each year.
Donald also served as Chief Executive Officer of two other companies, Haggen and Extended Stay America, Inc. Named one of the “Top 25 CEOs in the World” by The Best Practice Institute and one of Business Travel News’ “25 Most Influential Business Travel Executives” in 2013 for his leadership of Extended Stay America where he led its successful $565 million IPO, Donald joined Albertsons Companies in March 2018 as president and chief operating officer.
“Jim is an exceptional retailer. In the seven months since he joined Albertsons Companies, he’s flown tens of thousands of miles and met personally with thousands of employees in hundreds of our stores, distribution centers, manufacturing plants, and offices around the country,” says Robert Miller. “His expertise in listening to front line employees and customers, facilitating employee engagement and generating sales is unmatched, and there is no better leader for Albertsons Companies at this state in our evolution.”