Albertsons names Fonterra CFO Andrew Murray as next finance chief

Albertsons has appointed Fonterra Group CFO Andrew Murray as its chief financial officer, effective Jan. 17, 2027. He succeeds interim CFO Cody Perdue, who will remain with the grocer in a senior treasury, investor relations and risk management role; the appointment follows the planned retirement of CFO Sharon McCollam. Murray’s background includes senior finance and transformation roles at Fonterra, Simplot Australia, Toll Group and Mondelez International. CEO Susan Morris said his experience will support Albertsons’ turnaround, including simplifying operations, reducing costs and reinvesting savings in customer value, as the company reviews its business amid sluggish sales.